| Product Code: ETC5771939 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to rely heavily on imports of cryogenic pumps, with top exporting countries being Belgium, Germany, South Korea, USA, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a remarkable compound annual growth rate (CAGR) of 39.62% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -86.09%. This data suggests a dynamic market for cryogenic pump imports in Cyprus, with fluctuations in growth rates possibly influenced by various factors such as market conditions and international trade dynamics.

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 Cryogenic Pump Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Cryogenic Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Cryogenic Pump Market - Industry Life Cycle |
3.4 Cyprus Cryogenic Pump Market - Porter's Five Forces |
3.5 Cyprus Cryogenic Pump Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.6 Cyprus Cryogenic Pump Market Revenues & Volume Share, By Cryogen, 2021 & 2031F |
3.7 Cyprus Cryogenic Pump Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Cryogenic Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Cryogenic Pump Market Trends |
6 Cyprus Cryogenic Pump Market Segmentations |
6.1 Cyprus Cryogenic Pump Market, By Design |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Cryogenic Pump Market Revenues & Volume, By Submersible, 2021-2031F |
6.1.3 Cyprus Cryogenic Pump Market Revenues & Volume, By Non-Submersible, 2021-2031F |
6.2 Cyprus Cryogenic Pump Market, By Cryogen |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Cryogenic Pump Market Revenues & Volume, By Nitrogen, 2021-2031F |
6.2.3 Cyprus Cryogenic Pump Market Revenues & Volume, By Argon, 2021-2031F |
6.2.4 Cyprus Cryogenic Pump Market Revenues & Volume, By Oxygen, 2021-2031F |
6.2.5 Cyprus Cryogenic Pump Market Revenues & Volume, By LNG, 2021-2031F |
6.2.6 Cyprus Cryogenic Pump Market Revenues & Volume, By Helium, 2021-2031F |
6.2.7 Cyprus Cryogenic Pump Market Revenues & Volume, By Hydrogen, 2021-2031F |
6.3 Cyprus Cryogenic Pump Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Cryogenic Pump Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.3.3 Cyprus Cryogenic Pump Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.4 Cyprus Cryogenic Pump Market Revenues & Volume, By Metallurgy, 2021-2031F |
6.3.5 Cyprus Cryogenic Pump Market Revenues & Volume, By Healthcare & Pharmaceuticals, 2021-2031F |
7 Cyprus Cryogenic Pump Market Import-Export Trade Statistics |
7.1 Cyprus Cryogenic Pump Market Export to Major Countries |
7.2 Cyprus Cryogenic Pump Market Imports from Major Countries |
8 Cyprus Cryogenic Pump Market Key Performance Indicators |
9 Cyprus Cryogenic Pump Market - Opportunity Assessment |
9.1 Cyprus Cryogenic Pump Market Opportunity Assessment, By Design, 2021 & 2031F |
9.2 Cyprus Cryogenic Pump Market Opportunity Assessment, By Cryogen, 2021 & 2031F |
9.3 Cyprus Cryogenic Pump Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Cryogenic Pump Market - Competitive Landscape |
10.1 Cyprus Cryogenic Pump Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Cryogenic Pump 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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