| Product Code: ETC4682821 | 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 |
In 2024, Cyprus continued to heavily rely on key players such as China, India, Metropolitan France, Germany, and the USA for ethyl acetate imports. Despite a consistent high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a decline with a Compound Annual Growth Rate (CAGR) of -2.52% from 2020 to 2024. The sharp drop in growth rate from 2023 to 2024 at -49.56% suggests a challenging year for ethyl acetate import shipments in Cyprus, highlighting potential shifts in market dynamics and demand patterns.

By 2027, Cyprus's Ethyl acetate market is forecasted to achieve a stable growth rate of 1.81%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

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 Ethyl acetate Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Ethyl acetate Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Ethyl acetate Market - Industry Life Cycle |
3.4 Cyprus Ethyl acetate Market - Porter's Five Forces |
3.5 Cyprus Ethyl acetate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Cyprus Ethyl acetate Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Cyprus Ethyl acetate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Ethyl acetate Market Trends |
6 Cyprus Ethyl acetate Market Segmentations |
6.1 Cyprus Ethyl acetate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Ethyl acetate Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.1.3 Cyprus Ethyl acetate Market Revenues & Volume, By Coatings Formulations, 2021-2031F |
6.1.4 Cyprus Ethyl acetate Market Revenues & Volume, By Pigments, 2021-2031F |
6.1.5 Cyprus Ethyl acetate Market Revenues & Volume, By Flavor Enhancer, 2021-2031F |
6.1.6 Cyprus Ethyl acetate Market Revenues & Volume, By Process Solvents, 2021-2031F |
6.1.7 Cyprus Ethyl acetate Market Revenues & Volume, By Intermediates, 2021-2031F |
6.2 Cyprus Ethyl acetate Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Ethyl acetate Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Cyprus Ethyl acetate Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.4 Cyprus Ethyl acetate Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Cyprus Ethyl acetate Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Cyprus Ethyl acetate Market Revenues & Volume, By Artificial Leather, 2021-2031F |
6.2.7 Cyprus Ethyl acetate Market Revenues & Volume, By Packaging, 2021-2031F |
7 Cyprus Ethyl acetate Market Import-Export Trade Statistics |
7.1 Cyprus Ethyl acetate Market Export to Major Countries |
7.2 Cyprus Ethyl acetate Market Imports from Major Countries |
8 Cyprus Ethyl acetate Market Key Performance Indicators |
9 Cyprus Ethyl acetate Market - Opportunity Assessment |
9.1 Cyprus Ethyl acetate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Cyprus Ethyl acetate Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Cyprus Ethyl acetate Market - Competitive Landscape |
10.1 Cyprus Ethyl acetate Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Ethyl acetate 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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