| Product Code: ETC12500503 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cyprus continued to rely on hydrogen imports, with key suppliers being Greece, Belgium, UK, USA, and Germany. Despite the high concentration of imports, the market experienced a concerning decline with a CAGR of -15.58% from 2020 to 2024. The growth rate plummeted even further in 2024, dropping by -32.58%. This emphasizes the need for strategic planning and diversification in the hydrogen import market for Cyprus to ensure stability and sustainability in the future.

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 Hydrogen Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Hydrogen Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Hydrogen Market - Industry Life Cycle |
3.4 Cyprus Hydrogen Market - Porter's Five Forces |
3.5 Cyprus Hydrogen Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Hydrogen Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Cyprus Hydrogen Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cyprus Hydrogen Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Hydrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Hydrogen Market Trends |
6 Cyprus Hydrogen Market, By Types |
6.1 Cyprus Hydrogen Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Hydrogen Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Cyprus Hydrogen Market Revenues & Volume, By Green Hydrogen, 2021 - 2031F |
6.1.4 Cyprus Hydrogen Market Revenues & Volume, By Grey Hydrogen, 2021 - 2031F |
6.1.5 Cyprus Hydrogen Market Revenues & Volume, By Blue Hydrogen, 2021 - 2031F |
6.1.6 Cyprus Hydrogen Market Revenues & Volume, By Turquoise Hydrogen, 2021 - 2031F |
6.1.7 Cyprus Hydrogen Market Revenues & Volume, By Yellow Hydrogen, 2021 - 2031F |
6.2 Cyprus Hydrogen Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Hydrogen Market Revenues & Volume, By Electrolysis, 2021 - 2031F |
6.2.3 Cyprus Hydrogen Market Revenues & Volume, By Steam Reforming, 2021 - 2031F |
6.2.4 Cyprus Hydrogen Market Revenues & Volume, By Carbon Capture, 2021 - 2031F |
6.2.5 Cyprus Hydrogen Market Revenues & Volume, By Methane Pyrolysis, 2021 - 2031F |
6.2.6 Cyprus Hydrogen Market Revenues & Volume, By Solar Electrolysis, 2021 - 2031F |
6.3 Cyprus Hydrogen Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Hydrogen Market Revenues & Volume, By Energy Companies, 2021 - 2031F |
6.3.3 Cyprus Hydrogen Market Revenues & Volume, By Industrial Sector, 2021 - 2031F |
6.3.4 Cyprus Hydrogen Market Revenues & Volume, By Transportation, 2021 - 2031F |
6.3.5 Cyprus Hydrogen Market Revenues & Volume, By Chemical Industries, 2021 - 2031F |
6.3.6 Cyprus Hydrogen Market Revenues & Volume, By Power Plants, 2021 - 2031F |
6.4 Cyprus Hydrogen Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Hydrogen Market Revenues & Volume, By Fuel Cells, 2021 - 2031F |
6.4.3 Cyprus Hydrogen Market Revenues & Volume, By Ammonia Production, 2021 - 2031F |
6.4.4 Cyprus Hydrogen Market Revenues & Volume, By Hydrogen Fueling Stations, 2021 - 2031F |
6.4.5 Cyprus Hydrogen Market Revenues & Volume, By Petrochemical Processes, 2021 - 2031F |
6.4.6 Cyprus Hydrogen Market Revenues & Volume, By Electricity Generation, 2021 - 2031F |
7 Cyprus Hydrogen Market Import-Export Trade Statistics |
7.1 Cyprus Hydrogen Market Export to Major Countries |
7.2 Cyprus Hydrogen Market Imports from Major Countries |
8 Cyprus Hydrogen Market Key Performance Indicators |
9 Cyprus Hydrogen Market - Opportunity Assessment |
9.1 Cyprus Hydrogen Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Hydrogen Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Cyprus Hydrogen Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cyprus Hydrogen Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Hydrogen Market - Competitive Landscape |
10.1 Cyprus Hydrogen Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Hydrogen 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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