| Product Code: ETC6893550 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The electric vehicles import market in Cyprus saw robust growth in 2024, with top exporting countries including Belgium, South Korea, Sweden, UK, and Ukraine. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, likely dominated by a few key players. Despite the impressive compound annual growth rate (CAGR) of 52.55% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024, showing a potential slowdown or shift in market dynamics. It will be interesting to monitor how these trends continue to evolve 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 Electric Vehicles Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Electric Vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Electric Vehicles Market - Industry Life Cycle |
3.4 Cyprus Electric Vehicles Market - Porter's Five Forces |
3.5 Cyprus Electric Vehicles Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Cyprus Electric Vehicles Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 Cyprus Electric Vehicles Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Cyprus Electric Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Electric Vehicles Market Trends |
6 Cyprus Electric Vehicles Market, By Types |
6.1 Cyprus Electric Vehicles Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Electric Vehicles Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Cyprus Electric Vehicles Market Revenues & Volume, By Battery Electric Vehicles (BEVs), 2021- 2031F |
6.1.4 Cyprus Electric Vehicles Market Revenues & Volume, By Plug-in Hybrid Electric Vehicles (PHEVs), 2021- 2031F |
6.1.5 Cyprus Electric Vehicles Market Revenues & Volume, By Hybrid Electric Vehicles (HEVs), 2021- 2031F |
6.2 Cyprus Electric Vehicles Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Electric Vehicles Market Revenues & Volume, By Battery Electric, 2021- 2031F |
6.2.3 Cyprus Electric Vehicles Market Revenues & Volume, By Hybrid Electric, 2021- 2031F |
6.3 Cyprus Electric Vehicles Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Electric Vehicles Market Revenues & Volume, By Personal, 2021- 2031F |
6.3.3 Cyprus Electric Vehicles Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Cyprus Electric Vehicles Market Import-Export Trade Statistics |
7.1 Cyprus Electric Vehicles Market Export to Major Countries |
7.2 Cyprus Electric Vehicles Market Imports from Major Countries |
8 Cyprus Electric Vehicles Market Key Performance Indicators |
9 Cyprus Electric Vehicles Market - Opportunity Assessment |
9.1 Cyprus Electric Vehicles Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Cyprus Electric Vehicles Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 Cyprus Electric Vehicles Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Cyprus Electric Vehicles Market - Competitive Landscape |
10.1 Cyprus Electric Vehicles Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Electric Vehicles 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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