| Product Code: ETC6890656 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cyprus continued to import centrifugal compressors primarily from the Netherlands, Germany, Belgium, UK, and Thailand, reflecting a consistent trend in supplier countries. Despite a negative CAGR of -2.04% from 2020 to 2024 and a significant decline in growth rate by -13.27% from 2023 to 2024, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI) in 2024. This suggests a stable market structure with key players dominating the import landscape, indicating potential challenges and opportunities for market participants in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Centrifugal Compressor Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Centrifugal Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Centrifugal Compressor Market - Industry Life Cycle |
3.4 Cyprus Centrifugal Compressor Market - Porter's Five Forces |
3.5 Cyprus Centrifugal Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Centrifugal Compressor Market Revenues & Volume Share, By Discharge Pressure, 2021 & 2031F |
3.7 Cyprus Centrifugal Compressor Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Cyprus Centrifugal Compressor Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Centrifugal Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Centrifugal Compressor Market Trends |
6 Cyprus Centrifugal Compressor Market, By Types |
6.1 Cyprus Centrifugal Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Centrifugal Compressor Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Centrifugal Compressor Market Revenues & Volume, By Single-stage Centrifugal Compressor, 2021- 2031F |
6.1.4 Cyprus Centrifugal Compressor Market Revenues & Volume, By Multi-stage Centrifugal Compressor, 2021- 2031F |
6.2 Cyprus Centrifugal Compressor Market, By Discharge Pressure |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Centrifugal Compressor Market Revenues & Volume, By Below 20 Bars, 2021- 2031F |
6.2.3 Cyprus Centrifugal Compressor Market Revenues & Volume, By Between 20 and 200 Bars, 2021- 2031F |
6.2.4 Cyprus Centrifugal Compressor Market Revenues & Volume, By Between 200 and 400 Bars, 2021- 2031F |
6.2.5 Cyprus Centrifugal Compressor Market Revenues & Volume, By Above 400 Bars, 2021- 2031F |
6.3 Cyprus Centrifugal Compressor Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Centrifugal Compressor Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Cyprus Centrifugal Compressor Market Revenues & Volume, By Power, 2021- 2031F |
6.3.4 Cyprus Centrifugal Compressor Market Revenues & Volume, By Petrochemicals, 2021- 2031F |
6.3.5 Cyprus Centrifugal Compressor Market Revenues & Volume, By Chemicals & Fertilizers, 2021- 2031F |
6.3.6 Cyprus Centrifugal Compressor Market Revenues & Volume, By Textiles, 2021- 2031F |
6.3.7 Cyprus Centrifugal Compressor Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.8 Cyprus Centrifugal Compressor Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Cyprus Centrifugal Compressor Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cyprus Centrifugal Compressor Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Centrifugal Compressor Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.4.3 Cyprus Centrifugal Compressor Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Cyprus Centrifugal Compressor Market Import-Export Trade Statistics |
7.1 Cyprus Centrifugal Compressor Market Export to Major Countries |
7.2 Cyprus Centrifugal Compressor Market Imports from Major Countries |
8 Cyprus Centrifugal Compressor Market Key Performance Indicators |
9 Cyprus Centrifugal Compressor Market - Opportunity Assessment |
9.1 Cyprus Centrifugal Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Centrifugal Compressor Market Opportunity Assessment, By Discharge Pressure, 2021 & 2031F |
9.3 Cyprus Centrifugal Compressor Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Cyprus Centrifugal Compressor Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Centrifugal Compressor Market - Competitive Landscape |
10.1 Cyprus Centrifugal Compressor Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Centrifugal Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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