| Product Code: ETC6897739 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Cyprus licorice root import market experienced a significant shift in 2024, with top exporting countries such as Greece, Egypt, Netherlands, Metropolitan France, and Germany dominating the shipments. The market concentration, as measured by the HHI, surged from low levels in 2023 to a very high concentration in 2024. This rapid transformation is reflected in the impressive compound annual growth rate (CAGR) of 30.03% from 2020 to 2024, with a remarkable growth rate of 125.65% in 2024 alone. The dynamics of the Cyprus licorice root import market indicate a rapidly evolving landscape with potential opportunities and challenges for industry players.

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 Licorice Root Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Licorice Root Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Licorice Root Market - Industry Life Cycle |
3.4 Cyprus Licorice Root Market - Porter's Five Forces |
3.5 Cyprus Licorice Root Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Cyprus Licorice Root Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Cyprus Licorice Root Market Revenues & Volume Share, By Function Type, 2021 & 2031F |
3.8 Cyprus Licorice Root Market Revenues & Volume Share, By Grade Type, 2021 & 2031F |
3.9 Cyprus Licorice Root Market Revenues & Volume Share, By Raw Material Type, 2021 & 2031F |
3.10 Cyprus Licorice Root Market Revenues & Volume Share, By Ingredient Type, 2021 & 2031F |
3.11 Cyprus Licorice Root Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Licorice Root Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Licorice Root Market Trends |
6 Cyprus Licorice Root Market, By Types |
6.1 Cyprus Licorice Root Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Licorice Root Market Revenues & Volume, By Product Form, 2021- 2031F |
6.1.3 Cyprus Licorice Root Market Revenues & Volume, By Roots, 2021- 2031F |
6.1.4 Cyprus Licorice Root Market Revenues & Volume, By Extracts, 2021- 2031F |
6.2 Cyprus Licorice Root Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Licorice Root Market Revenues & Volume, By Essential Oils, 2021- 2031F |
6.2.3 Cyprus Licorice Root Market Revenues & Volume, By Liquid Malt Extract, 2021- 2031F |
6.2.4 Cyprus Licorice Root Market Revenues & Volume, By Oleoresins, 2021- 2031F |
6.2.5 Cyprus Licorice Root Market Revenues & Volume, By Herbs and Spices Dry Malt Extract, 2021- 2031F |
6.2.6 Cyprus Licorice Root Market Revenues & Volume, By Malt Flour, 2021- 2031F |
6.3 Cyprus Licorice Root Market, By Function Type |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Licorice Root Market Revenues & Volume, By Performance Enhancers, 2021- 2031F |
6.3.3 Cyprus Licorice Root Market Revenues & Volume, By Palatability Enhancers, 2021- 2031F |
6.4 Cyprus Licorice Root Market, By Grade Type |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Licorice Root Market Revenues & Volume, By Standard Malt, 2021- 2031F |
6.4.3 Cyprus Licorice Root Market Revenues & Volume, By Caramelized Malt, 2021- 2031F |
6.4.4 Cyprus Licorice Root Market Revenues & Volume, By Roasted Malt, 2021- 2031F |
6.5 Cyprus Licorice Root Market, By Raw Material Type |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Licorice Root Market Revenues & Volume, By Maize, 2021- 2031F |
6.5.3 Cyprus Licorice Root Market Revenues & Volume, By Barley, 2021- 2031F |
6.5.4 Cyprus Licorice Root Market Revenues & Volume, By Wheat, 2021- 2031F |
6.5.5 Cyprus Licorice Root Market Revenues & Volume, By Rice, 2021- 2031F |
6.5.6 Cyprus Licorice Root Market Revenues & Volume, By Rye, 2021- 2031F |
6.5.7 Cyprus Licorice Root Market Revenues & Volume, By Oat, 2021- 2031F |
6.6 Cyprus Licorice Root Market, By Ingredient Type |
6.6.1 Overview and Analysis |
6.6.2 Cyprus Licorice Root Market Revenues & Volume, By Lipids, 2021- 2031F |
6.6.3 Cyprus Licorice Root Market Revenues & Volume, By Protein, 2021- 2031F |
6.6.4 Cyprus Licorice Root Market Revenues & Volume, By Polysaccharide, 2021- 2031F |
6.6.5 Cyprus Licorice Root Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Cyprus Licorice Root Market, By End User |
6.7.1 Overview and Analysis |
6.7.2 Cyprus Licorice Root Market Revenues & Volume, By Food and Beverage Industry, 2021- 2031F |
6.7.3 Cyprus Licorice Root Market Revenues & Volume, By Tobacco Industry, 2021- 2031F |
6.7.4 Cyprus Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.5 Cyprus Licorice Root Market Revenues & Volume, By Cosmetic Industry, 2021- 2031F |
6.7.6 Cyprus Licorice Root Market Revenues & Volume, By Dietary Supplement, 2021- 2031F |
7 Cyprus Licorice Root Market Import-Export Trade Statistics |
7.1 Cyprus Licorice Root Market Export to Major Countries |
7.2 Cyprus Licorice Root Market Imports from Major Countries |
8 Cyprus Licorice Root Market Key Performance Indicators |
9 Cyprus Licorice Root Market - Opportunity Assessment |
9.1 Cyprus Licorice Root Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Cyprus Licorice Root Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Cyprus Licorice Root Market Opportunity Assessment, By Function Type, 2021 & 2031F |
9.4 Cyprus Licorice Root Market Opportunity Assessment, By Grade Type, 2021 & 2031F |
9.5 Cyprus Licorice Root Market Opportunity Assessment, By Raw Material Type, 2021 & 2031F |
9.6 Cyprus Licorice Root Market Opportunity Assessment, By Ingredient Type, 2021 & 2031F |
9.7 Cyprus Licorice Root Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Licorice Root Market - Competitive Landscape |
10.1 Cyprus Licorice Root Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Licorice Root 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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