| Product Code: ETC4699180 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Cyprus cigar import market shows a stable growth trajectory, with a slight improvement in the growth rate from 2023 to 2024. The top exporting countries to Cyprus in 2024 include Greece, Poland, Czechia, Romania, and Germany. The market concentration, measured by HHI, has significantly increased from high to very high concentration levels between 2023 and 2024, indicating a more consolidated market landscape. Despite a negative CAGR from 2020 to 2024, the recent growth rate suggests a potential turnaround in the market, offering opportunities for stakeholders to capitalize on the evolving trends.

By 2027, the Cigar market in Cyprus is anticipated to reach a growth rate of 3.55%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Cigar Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Cigar Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Cigar Market - Industry Life Cycle |
3.4 Cyprus Cigar Market - Porter's Five Forces |
3.5 Cyprus Cigar Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Cigar Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Cigar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Cigar Market Trends |
6 Cyprus Cigar Market Segmentations |
6.1 Cyprus Cigar Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Cigar Market Revenues & Volume, By Conventional Cigar, 2021-2031F |
6.1.3 Cyprus Cigar Market Revenues & Volume, By Premium Cigar, 2021-2031F |
6.2 Cyprus Cigar Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Cigar Market Revenues & Volume, By Offline Retail Stores, 2021-2031F |
6.2.3 Cyprus Cigar Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
7 Cyprus Cigar Market Import-Export Trade Statistics |
7.1 Cyprus Cigar Market Export to Major Countries |
7.2 Cyprus Cigar Market Imports from Major Countries |
8 Cyprus Cigar Market Key Performance Indicators |
9 Cyprus Cigar Market - Opportunity Assessment |
9.1 Cyprus Cigar Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Cigar Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Cigar Market - Competitive Landscape |
10.1 Cyprus Cigar Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Cigar 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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