| Product Code: ETC12747415 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of NFC chips to Cyprus in 2024 saw a shift in concentration from high to moderate, indicating a more diversified market. Top exporting countries such as Netherlands, Greece, Germany, China, and the USA continue to play a significant role in supplying these chips. The negative compound annual growth rate (CAGR) of -7.75% from 2020 to 2024 and a sharp decline in growth rate of -59.46% from 2023 to 2024 suggest a challenging market environment for NFC chip imports in Cyprus. Monitoring these trends will be crucial for stakeholders in the industry.

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 NFC Chips Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus NFC Chips Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus NFC Chips Market - Industry Life Cycle |
3.4 Cyprus NFC Chips Market - Porter's Five Forces |
3.5 Cyprus NFC Chips Market Revenues & Volume Share, By Chip Type, 2021 & 2031F |
3.6 Cyprus NFC Chips Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus NFC Chips Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus NFC Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus NFC Chips Market Trends |
6 Cyprus NFC Chips Market, By Types |
6.1 Cyprus NFC Chips Market, By Chip Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus NFC Chips Market Revenues & Volume, By Chip Type, 2021 - 2031F |
6.1.3 Cyprus NFC Chips Market Revenues & Volume, By Passive NFC Chips, 2021 - 2031F |
6.1.4 Cyprus NFC Chips Market Revenues & Volume, By Active NFC Chips, 2021 - 2031F |
6.1.5 Cyprus NFC Chips Market Revenues & Volume, By Secure NFC Chips, 2021 - 2031F |
6.2 Cyprus NFC Chips Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus NFC Chips Market Revenues & Volume, By Payment Terminals, 2021 - 2031F |
6.2.3 Cyprus NFC Chips Market Revenues & Volume, By Access Control, 2021 - 2031F |
6.2.4 Cyprus NFC Chips Market Revenues & Volume, By Smart Cards, 2021 - 2031F |
6.2.5 Cyprus NFC Chips Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.2.6 Cyprus NFC Chips Market Revenues & Volume, By Automotive Connectivity, 2021 - 2031F |
6.3 Cyprus NFC Chips Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus NFC Chips Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Cyprus NFC Chips Market Revenues & Volume, By Banking & Financial, 2021 - 2031F |
6.3.4 Cyprus NFC Chips Market Revenues & Volume, By Government, 2021 - 2031F |
6.3.5 Cyprus NFC Chips Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.3.6 Cyprus NFC Chips Market Revenues & Volume, By Automotive, 2021 - 2031F |
7 Cyprus NFC Chips Market Import-Export Trade Statistics |
7.1 Cyprus NFC Chips Market Export to Major Countries |
7.2 Cyprus NFC Chips Market Imports from Major Countries |
8 Cyprus NFC Chips Market Key Performance Indicators |
9 Cyprus NFC Chips Market - Opportunity Assessment |
9.1 Cyprus NFC Chips Market Opportunity Assessment, By Chip Type, 2021 & 2031F |
9.2 Cyprus NFC Chips Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus NFC Chips Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus NFC Chips Market - Competitive Landscape |
10.1 Cyprus NFC Chips Market Revenue Share, By Companies, 2024 |
10.2 Cyprus NFC Chips 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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