| Product Code: ETC11606935 | 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 |
Cyprus saw a shift in the concentration of CNG tank imports in 2024, moving from high concentration in 2023 to moderate concentration. The top exporting countries to Cyprus in 2024 were Italy, Austria, UK, Germany, and China. Despite a negative growth rate of -29.88% from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-24 stood at a healthy 4.72%. This indicates a relatively stable market for CNG tanks in Cyprus, with potential for further growth and diversification 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 CNG Tanks Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus CNG Tanks Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus CNG Tanks Market - Industry Life Cycle |
3.4 Cyprus CNG Tanks Market - Porter's Five Forces |
3.5 Cyprus CNG Tanks Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Cyprus CNG Tanks Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Cyprus CNG Tanks Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Cyprus CNG Tanks Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Cyprus CNG Tanks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus CNG Tanks Market Trends |
6 Cyprus CNG Tanks Market, By Types |
6.1 Cyprus CNG Tanks Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Cyprus CNG Tanks Market Revenues & Volume, By Raw Material, 2021 - 2031F |
6.1.3 Cyprus CNG Tanks Market Revenues & Volume, By Glass Fiber Composites Raw Materials, 2021 - 2031F |
6.1.4 Cyprus CNG Tanks Market Revenues & Volume, By Carbon Fiber Composites Raw Materials, 2021 - 2031F |
6.1.5 Cyprus CNG Tanks Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Cyprus CNG Tanks Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Cyprus CNG Tanks Market Revenues & Volume, By Petrol, 2021 - 2031F |
6.2.3 Cyprus CNG Tanks Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.3 Cyprus CNG Tanks Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Cyprus CNG Tanks Market Revenues & Volume, By Passenger Vehicles, 2021 - 2031F |
6.3.3 Cyprus CNG Tanks Market Revenues & Volume, By Light Commercial Vehicles, 2021 - 2031F |
6.3.4 Cyprus CNG Tanks Market Revenues & Volume, By Heavy Commercial Vehicles, 2021 - 2031F |
6.4 Cyprus CNG Tanks Market, By Type |
6.4.1 Overview and Analysis |
6.4.2 Cyprus CNG Tanks Market Revenues & Volume, By Type 1 CNG Tanks, 2021 - 2031F |
6.4.3 Cyprus CNG Tanks Market Revenues & Volume, By Type 2 CNG Tanks, 2021 - 2031F |
6.4.4 Cyprus CNG Tanks Market Revenues & Volume, By Type 3 CNG Tanks, 2021 - 2031F |
6.4.5 Cyprus CNG Tanks Market Revenues & Volume, By Type 4 CNG Tanks, 2021 - 2031F |
7 Cyprus CNG Tanks Market Import-Export Trade Statistics |
7.1 Cyprus CNG Tanks Market Export to Major Countries |
7.2 Cyprus CNG Tanks Market Imports from Major Countries |
8 Cyprus CNG Tanks Market Key Performance Indicators |
9 Cyprus CNG Tanks Market - Opportunity Assessment |
9.1 Cyprus CNG Tanks Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Cyprus CNG Tanks Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Cyprus CNG Tanks Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Cyprus CNG Tanks Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Cyprus CNG Tanks Market - Competitive Landscape |
10.1 Cyprus CNG Tanks Market Revenue Share, By Companies, 2024 |
10.2 Cyprus CNG Tanks 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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