| Product Code: ETC6891757 | 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 |
The Cyprus construction machinery import market continued to show strong growth in 2024, with key exporting countries including the UK, USA, Netherlands, Germany, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 20.22% from 2020 to 2024 highlights the robust expansion of the industry. Moreover, the growth rate of 10.47% from 2023 to 2024 suggests sustained momentum in import shipments of construction machinery to Cyprus. This data reflects a competitive landscape and a promising outlook for the market.

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 Construction Machinery Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Construction Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Construction Machinery Market - Industry Life Cycle |
3.4 Cyprus Construction Machinery Market - Porter's Five Forces |
3.5 Cyprus Construction Machinery Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.6 Cyprus Construction Machinery Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Construction Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Construction Machinery Market Trends |
6 Cyprus Construction Machinery Market, By Types |
6.1 Cyprus Construction Machinery Market, By Machine Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Construction Machinery Market Revenues & Volume, By Machine Type, 2021- 2031F |
6.1.3 Cyprus Construction Machinery Market Revenues & Volume, By Cranes, 2021- 2031F |
6.1.4 Cyprus Construction Machinery Market Revenues & Volume, By Excavators, 2021- 2031F |
6.1.5 Cyprus Construction Machinery Market Revenues & Volume, By Loaders, 2021- 2031F |
6.1.6 Cyprus Construction Machinery Market Revenues & Volume, By Backhoe, 2021- 2031F |
6.1.7 Cyprus Construction Machinery Market Revenues & Volume, By Motor Graders, 2021- 2031F |
6.1.8 Cyprus Construction Machinery Market Revenues & Volume, By Other Machine Types, 2021- 2031F |
6.2 Cyprus Construction Machinery Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Construction Machinery Market Revenues & Volume, By Concrete and Road Construction, 2021- 2031F |
6.2.3 Cyprus Construction Machinery Market Revenues & Volume, By Earth Moving, 2021- 2031F |
6.2.4 Cyprus Construction Machinery Market Revenues & Volume, By Material Handling, 2021- 2031F |
7 Cyprus Construction Machinery Market Import-Export Trade Statistics |
7.1 Cyprus Construction Machinery Market Export to Major Countries |
7.2 Cyprus Construction Machinery Market Imports from Major Countries |
8 Cyprus Construction Machinery Market Key Performance Indicators |
9 Cyprus Construction Machinery Market - Opportunity Assessment |
9.1 Cyprus Construction Machinery Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.2 Cyprus Construction Machinery Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Construction Machinery Market - Competitive Landscape |
10.1 Cyprus Construction Machinery Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Construction Machinery 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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