| Product Code: ETC5227589 | 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 |
Cyprus saw a significant increase in the import shipments of cutting machinery and equipment in 2024, with top exporters being China, Germany, Greece, Turkey, and the Netherlands. The market concentration, as measured by the HHI, reached very high levels, indicating a strong dominance of these key exporting countries. The sector has shown a remarkable Compound Annual Growth Rate (CAGR) of 17.18% from 2020 to 2024, with a growth rate of 6.11% from 2023 to 2024. This data suggests a growing demand for cutting machinery and equipment in Cyprus, driven by imports from diverse international markets.

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 Cutting Machinery and Equipment Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Cutting Machinery and Equipment Market - Industry Life Cycle |
3.4 Cyprus Cutting Machinery and Equipment Market - Porter's Five Forces |
3.5 Cyprus Cutting Machinery and Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Cyprus Cutting Machinery and Equipment Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Cyprus Cutting Machinery and Equipment Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Cutting Machinery and Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Cutting Machinery and Equipment Market Trends |
6 Cyprus Cutting Machinery and Equipment Market Segmentations |
6.1 Cyprus Cutting Machinery and Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Manual, 2021-2031F |
6.1.3 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Mechanized, 2021-2031F |
6.2 Cyprus Cutting Machinery and Equipment Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Carbon arc cutting, 2021-2031F |
6.2.3 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Laser Cutting, 2021-2031F |
6.2.4 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Oxy-fuel cutting, 2021-2031F |
6.2.5 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Plasma cutting, 2021-2031F |
6.2.6 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Waterjet cutting, 2021-2031F |
6.3 Cyprus Cutting Machinery and Equipment Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By General metal fabrication, 2021-2031F |
6.3.5 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Heavy Equipment Fabrication, 2021-2031F |
6.3.6 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Shipbuilding & Offshore, 2021-2031F |
6.3.7 Cyprus Cutting Machinery and Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Cutting Machinery and Equipment Market Import-Export Trade Statistics |
7.1 Cyprus Cutting Machinery and Equipment Market Export to Major Countries |
7.2 Cyprus Cutting Machinery and Equipment Market Imports from Major Countries |
8 Cyprus Cutting Machinery and Equipment Market Key Performance Indicators |
9 Cyprus Cutting Machinery and Equipment Market - Opportunity Assessment |
9.1 Cyprus Cutting Machinery and Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Cyprus Cutting Machinery and Equipment Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Cyprus Cutting Machinery and Equipment Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Cutting Machinery and Equipment Market - Competitive Landscape |
10.1 Cyprus Cutting Machinery and Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Cutting Machinery and Equipment 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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