| Product Code: ETC4844549 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to be a key importer of malt, with top exporting countries in 2024 being Netherlands, Germany, Denmark, Czechia, and the UK. Despite a slight decline in growth rate from 2023 to 2024, the industry maintains a high Herfindahl-Hirschman Index (HHI) indicating concentrated market power. The impressive compound annual growth rate (CAGR) of 18.94% from 2020 to 2024 highlights the steady demand for malt in Cyprus, suggesting a resilient market with potential for further expansion in the coming years.

By 2027, the Malt market in Cyprus is anticipated to reach a growth rate of 4.19%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

The malt market in Cyprus is essential for the brewing and food industries. Malt is used in beer production and as a flavoring ingredient in various food products, with demand linked to local and tourist-driven consumption.
The malt market in Cyprus is primarily driven by demand from the beverage industry, especially in beer production. As the popularity of craft beers and premium alcoholic beverages rises, the demand for high-quality malt grows. Additionally, malt is used in food and confectionery, further supporting market growth.
The malt market in Cyprus is constrained by the small size of the local beer brewing and food processing industries, which are the main consumers of malt. High costs of imported raw materials, limited production capabilities, and competition from alternative ingredients, such as barley and rice, restrict the market`s growth potential. Furthermore, consumer demand for malt-based products remains relatively low, reducing incentives for local producers.
Agricultural policies promote the cultivation of barley for malt production, with government support aimed at expanding the brewing industry and enhancing the quality of locally produced malt.
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 Malt Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Malt Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Malt Market - Industry Life Cycle |
3.4 Cyprus Malt Market - Porter's Five Forces |
3.5 Cyprus Malt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Malt Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Malt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Malt Market Trends |
6 Cyprus Malt Market Segmentations |
6.1 Cyprus Malt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Malt Market Revenues & Volume, By Malt, 2021-2031F |
6.1.3 Cyprus Malt Market Revenues & Volume, By Malt Extract, 2021-2031F |
6.1.4 Cyprus Malt Market Revenues & Volume, By Malt Extract Powder, 2021-2031F |
6.1.5 Cyprus Malt Market Revenues & Volume, By Malt Flour, 2021-2031F |
6.1.6 Cyprus Malt Market Revenues & Volume, By Barley malt, 2021-2031F |
6.1.7 Cyprus Malt Market Revenues & Volume, By Wheat malt, 2021-2031F |
6.2 Cyprus Malt Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Malt Market Revenues & Volume, By Beer Industry? , 2021-2031F |
6.2.3 Cyprus Malt Market Revenues & Volume, By Whisky Distilleries, 2021-2031F |
6.2.4 Cyprus Malt Market Revenues & Volume, By Food industry? , 2021-2031F |
6.2.5 Cyprus Malt Market Revenues & Volume, By Beverages? , 2021-2031F |
6.2.6 Cyprus Malt Market Revenues & Volume, By Pharmaceutical industry, 2021-2031F |
7 Cyprus Malt Market Import-Export Trade Statistics |
7.1 Cyprus Malt Market Export to Major Countries |
7.2 Cyprus Malt Market Imports from Major Countries |
8 Cyprus Malt Market Key Performance Indicators |
9 Cyprus Malt Market - Opportunity Assessment |
9.1 Cyprus Malt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Malt Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Malt Market - Competitive Landscape |
10.1 Cyprus Malt Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Malt Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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