| Product Code: ETC12613399 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of lab-grown diamonds to Cyprus in 2024 continued to show a high level of concentration, with top exporting countries being Belgium, Netherlands, Greece, India, and Italy. The market experienced impressive growth with a Compound Annual Growth Rate (CAGR) of 45.24% from 2020 to 2024. Moreover, the growth rate in 2024 alone was a notable 35.36%, indicating a strong momentum in the market. This data suggests a promising outlook for the lab-grown diamond industry in Cyprus, with key players contributing to its expansion and development.

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 Lab-Grown Diamonds Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Lab-Grown Diamonds Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Lab-Grown Diamonds Market - Industry Life Cycle |
3.4 Cyprus Lab-Grown Diamonds Market - Porter's Five Forces |
3.5 Cyprus Lab-Grown Diamonds Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Lab-Grown Diamonds Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Lab-Grown Diamonds Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.8 Cyprus Lab-Grown Diamonds Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Cyprus Lab-Grown Diamonds Market Revenues & Volume Share, By Carat Size, 2021 & 2031F |
4 Cyprus Lab-Grown Diamonds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and preference for sustainable and ethical diamond alternatives |
4.2.2 Growing demand for customizable and unique jewelry pieces made with lab-grown diamonds |
4.2.3 Rising concerns over environmental impact and social responsibility in traditional diamond mining practices |
4.3 Market Restraints |
4.3.1 Perception of lab-grown diamonds as inferior or less valuable compared to natural diamonds |
4.3.2 Limited availability of advanced technology and expertise in lab-grown diamond production |
4.3.3 Price competitiveness with natural diamonds and other gemstone alternatives |
5 Cyprus Lab-Grown Diamonds Market Trends |
6 Cyprus Lab-Grown Diamonds Market, By Types |
6.1 Cyprus Lab-Grown Diamonds Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Rough Diamonds, 2021 - 2031F |
6.1.4 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Polished Diamonds, 2021 - 2031F |
6.1.5 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Synthetic Gemstones, 2021 - 2031F |
6.1.6 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Lab-Created Fancy Diamonds, 2021 - 2031F |
6.1.7 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Cultured Diamonds, 2021 - 2031F |
6.2 Cyprus Lab-Grown Diamonds Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Jewelry, 2021 - 2031F |
6.2.3 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Industrial Cutting Tools, 2021 - 2031F |
6.2.4 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.2.5 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Thermal Conductors, 2021 - 2031F |
6.2.6 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Medical Instruments, 2021 - 2031F |
6.3 Cyprus Lab-Grown Diamonds Market, By Process |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Chemical Vapor Deposition (CVD), 2021 - 2031F |
6.3.3 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By High-Pressure High-Temperature (HPHT), 2021 - 2031F |
6.3.4 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Hybrid Process, 2021 - 2031F |
6.3.5 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Customized Process, 2021 - 2031F |
6.3.6 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Plasma-Based Process, 2021 - 2031F |
6.4 Cyprus Lab-Grown Diamonds Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Consumers, 2021 - 2031F |
6.4.3 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Industrial Sector, 2021 - 2031F |
6.4.4 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Electronics Industry, 2021 - 2031F |
6.4.5 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Aerospace Industry, 2021 - 2031F |
6.4.6 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Medical Sector, 2021 - 2031F |
6.5 Cyprus Lab-Grown Diamonds Market, By Carat Size |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Below 1 Carat, 2021 - 2031F |
6.5.3 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By 1-2 Carats, 2021 - 2031F |
6.5.4 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By 2-5 Carats, 2021 - 2031F |
6.5.5 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By 5-10 Carats, 2021 - 2031F |
6.5.6 Cyprus Lab-Grown Diamonds Market Revenues & Volume, By Above 10 Carats, 2021 - 2031F |
7 Cyprus Lab-Grown Diamonds Market Import-Export Trade Statistics |
7.1 Cyprus Lab-Grown Diamonds Market Export to Major Countries |
7.2 Cyprus Lab-Grown Diamonds Market Imports from Major Countries |
8 Cyprus Lab-Grown Diamonds Market Key Performance Indicators |
8.1 Average selling price of lab-grown diamonds |
8.2 Number of partnerships with jewelry designers and retailers |
8.3 Percentage of consumers opting for lab-grown diamonds for their jewelry pieces |
8.4 Investment in research and development for innovative lab-grown diamond technologies |
8.5 Environmental sustainability certifications and initiatives in lab-grown diamond production |
9 Cyprus Lab-Grown Diamonds Market - Opportunity Assessment |
9.1 Cyprus Lab-Grown Diamonds Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Lab-Grown Diamonds Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Lab-Grown Diamonds Market Opportunity Assessment, By Process, 2021 & 2031F |
9.4 Cyprus Lab-Grown Diamonds Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Cyprus Lab-Grown Diamonds Market Opportunity Assessment, By Carat Size, 2021 & 2031F |
10 Cyprus Lab-Grown Diamonds Market - Competitive Landscape |
10.1 Cyprus Lab-Grown Diamonds Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Lab-Grown Diamonds 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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