| Product Code: ETC11605207 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cyprus continues to rely on imports of CNC drilling machines, with China, Austria, Poland, UK, and Germany being the top exporting countries. The market shows high concentration, with the Herfindahl-Hirschman Index (HHI) remaining at elevated levels. Despite a significant decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 stands at a healthy 10.35%. This data indicates a competitive market landscape with sustained demand for CNC drilling machines in Cyprus.

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 CNC Drilling Machine Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus CNC Drilling Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus CNC Drilling Machine Market - Industry Life Cycle |
3.4 Cyprus CNC Drilling Machine Market - Porter's Five Forces |
3.5 Cyprus CNC Drilling Machine Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Cyprus CNC Drilling Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus CNC Drilling Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus CNC Drilling Machine Market Trends |
6 Cyprus CNC Drilling Machine Market, By Types |
6.1 Cyprus CNC Drilling Machine Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Cyprus CNC Drilling Machine Market Revenues & Volume, By Types, 2021 - 2031F |
6.1.3 Cyprus CNC Drilling Machine Market Revenues & Volume, By Vertical CNC Drilling Machine, 2021 - 2031F |
6.1.4 Cyprus CNC Drilling Machine Market Revenues & Volume, By Horizontal CNC Drilling Machine, 2021 - 2031F |
6.2 Cyprus CNC Drilling Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus CNC Drilling Machine Market Revenues & Volume, By Shipping, 2021 - 2031F |
6.2.3 Cyprus CNC Drilling Machine Market Revenues & Volume, By Automobile, 2021 - 2031F |
6.2.4 Cyprus CNC Drilling Machine Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.2.5 Cyprus CNC Drilling Machine Market Revenues & Volume, By Equipment Manufacturing, 2021 - 2031F |
7 Cyprus CNC Drilling Machine Market Import-Export Trade Statistics |
7.1 Cyprus CNC Drilling Machine Market Export to Major Countries |
7.2 Cyprus CNC Drilling Machine Market Imports from Major Countries |
8 Cyprus CNC Drilling Machine Market Key Performance Indicators |
9 Cyprus CNC Drilling Machine Market - Opportunity Assessment |
9.1 Cyprus CNC Drilling Machine Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Cyprus CNC Drilling Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus CNC Drilling Machine Market - Competitive Landscape |
10.1 Cyprus CNC Drilling Machine Market Revenue Share, By Companies, 2024 |
10.2 Cyprus CNC Drilling Machine 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.
To discover high-growth global markets and optimize your business strategy:
Click Here