| Product Code: ETC6899520 | 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 notable increase in munition import shipments from top exporting countries including Italy, Switzerland, UK, Taiwan, and Metropolitan France. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 stands at a steady 4.64%. Cyprus continues to rely on these key exporting nations for its munition imports, showcasing a stable yet competitive market landscape.

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 Munition Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Munition Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Munition Market - Industry Life Cycle |
3.4 Cyprus Munition Market - Porter's Five Forces |
3.5 Cyprus Munition Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Cyprus Munition Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.7 Cyprus Munition Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Cyprus Munition Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.9 Cyprus Munition Market Revenues & Volume Share, By Guidance, 2021 & 2031F |
3.10 Cyprus Munition Market Revenues & Volume Share, By Lethality, 2021 & 2031F |
4 Cyprus Munition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Munition Market Trends |
6 Cyprus Munition Market, By Types |
6.1 Cyprus Munition Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Munition Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Cyprus Munition Market Revenues & Volume, By Defense, 2021- 2031F |
6.1.4 Cyprus Munition Market Revenues & Volume, By Civil, 2021- 2031F |
6.1.5 Cyprus Munition Market Revenues & Volume, By Coomercial, 2021- 2031F |
6.2 Cyprus Munition Market, By Caliber |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Munition Market Revenues & Volume, By Small, 2021- 2031F |
6.2.3 Cyprus Munition Market Revenues & Volume, By Medium, 2021- 2031F |
6.2.4 Cyprus Munition Market Revenues & Volume, By Large, 2021- 2031F |
6.2.5 Cyprus Munition Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cyprus Munition Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Munition Market Revenues & Volume, By Fuzes & Primers, 2021- 2031F |
6.3.3 Cyprus Munition Market Revenues & Volume, By Propellants, 2021- 2031F |
6.3.4 Cyprus Munition Market Revenues & Volume, By Bases, 2021- 2031F |
6.3.5 Cyprus Munition Market Revenues & Volume, By Projectiles and Warheads, 2021- 2031F |
6.3.6 Cyprus Munition Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cyprus Munition Market, By Product |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Munition Market Revenues & Volume, By Bullets, 2021- 2031F |
6.4.3 Cyprus Munition Market Revenues & Volume, By Aerial Bombs, 2021- 2031F |
6.4.4 Cyprus Munition Market Revenues & Volume, By Grenades, 2021- 2031F |
6.4.5 Cyprus Munition Market Revenues & Volume, By Artillery Shells, 2021- 2031F |
6.4.6 Cyprus Munition Market Revenues & Volume, By Mortars, 2021- 2031F |
6.5 Cyprus Munition Market, By Guidance |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Munition Market Revenues & Volume, By Non-guided, 2021- 2031F |
6.5.3 Cyprus Munition Market Revenues & Volume, By Guided, 2021- 2031F |
6.6 Cyprus Munition Market, By Lethality |
6.6.1 Overview and Analysis |
6.6.2 Cyprus Munition Market Revenues & Volume, By Lethal, 2021- 2031F |
6.6.3 Cyprus Munition Market Revenues & Volume, By Less-Lethal, 2021- 2031F |
7 Cyprus Munition Market Import-Export Trade Statistics |
7.1 Cyprus Munition Market Export to Major Countries |
7.2 Cyprus Munition Market Imports from Major Countries |
8 Cyprus Munition Market Key Performance Indicators |
9 Cyprus Munition Market - Opportunity Assessment |
9.1 Cyprus Munition Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Cyprus Munition Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.3 Cyprus Munition Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Cyprus Munition Market Opportunity Assessment, By Product, 2021 & 2031F |
9.5 Cyprus Munition Market Opportunity Assessment, By Guidance, 2021 & 2031F |
9.6 Cyprus Munition Market Opportunity Assessment, By Lethality, 2021 & 2031F |
10 Cyprus Munition Market - Competitive Landscape |
10.1 Cyprus Munition Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Munition 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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