| Product Code: ETC6897787 | 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 |
In 2024, Cyprus saw a diverse range of light vehicles being imported, with top exporting countries including South Korea, UK, Morocco, Spain, and Germany. Despite this diversity, the market remained moderately concentrated, indicating a fair level of competition among suppliers. The compound annual growth rate (CAGR) for light vehicle imports in Cyprus between 2020 and 2024 was a healthy 10.79%, showcasing a growing market. However, there was a slight decline in growth rate from 2023 to 2024, with a -6.4% decrease, suggesting potential fluctuations in the market dynamics.

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 Light Vehicles Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Light Vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Light Vehicles Market - Industry Life Cycle |
3.4 Cyprus Light Vehicles Market - Porter's Five Forces |
3.5 Cyprus Light Vehicles Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Cyprus Light Vehicles Market Revenues & Volume Share, By Transmission, 2021 & 2031F |
3.7 Cyprus Light Vehicles Market Revenues & Volume Share, By Drivetrain, 2021 & 2031F |
3.8 Cyprus Light Vehicles Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Cyprus Light Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Light Vehicles Market Trends |
6 Cyprus Light Vehicles Market, By Types |
6.1 Cyprus Light Vehicles Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Light Vehicles Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Cyprus Light Vehicles Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.4 Cyprus Light Vehicles Market Revenues & Volume, By Gasoline, 2021- 2031F |
6.1.5 Cyprus Light Vehicles Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.1.6 Cyprus Light Vehicles Market Revenues & Volume, By Electric, 2021- 2031F |
6.2 Cyprus Light Vehicles Market, By Transmission |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Light Vehicles Market Revenues & Volume, By Manual, 2021- 2031F |
6.2.3 Cyprus Light Vehicles Market Revenues & Volume, By Automatic, 2021- 2031F |
6.3 Cyprus Light Vehicles Market, By Drivetrain |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Light Vehicles Market Revenues & Volume, By Front Wheel Drive (FWD), 2021- 2031F |
6.3.3 Cyprus Light Vehicles Market Revenues & Volume, By Rear Wheel Drive (RWD), 2021- 2031F |
6.3.4 Cyprus Light Vehicles Market Revenues & Volume, By Four Wheel Drive (4WD), 2021- 2031F |
6.3.5 Cyprus Light Vehicles Market Revenues & Volume, By All-Wheel Drive (AWD), 2021- 2031F |
6.4 Cyprus Light Vehicles Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Light Vehicles Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.4.3 Cyprus Light Vehicles Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
7 Cyprus Light Vehicles Market Import-Export Trade Statistics |
7.1 Cyprus Light Vehicles Market Export to Major Countries |
7.2 Cyprus Light Vehicles Market Imports from Major Countries |
8 Cyprus Light Vehicles Market Key Performance Indicators |
9 Cyprus Light Vehicles Market - Opportunity Assessment |
9.1 Cyprus Light Vehicles Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Cyprus Light Vehicles Market Opportunity Assessment, By Transmission, 2021 & 2031F |
9.3 Cyprus Light Vehicles Market Opportunity Assessment, By Drivetrain, 2021 & 2031F |
9.4 Cyprus Light Vehicles Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Cyprus Light Vehicles Market - Competitive Landscape |
10.1 Cyprus Light Vehicles Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Light 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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