| Product Code: ETC12705367 | 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 |
In 2024, Cyprus continued to rely on imports of nut butters, with Greece, China, Germany, India, and the UK emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 17.62% from 2020 to 2024 suggests a growing demand for nut butters in Cyprus. Additionally, the steady growth rate of 6.23% in 2024 highlights the sustained interest in this product category. Cyprus remains a key market for nut butter imports, with diverse sources contributing to its supply chain.

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 Nut Butters Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Nut Butters Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Nut Butters Market - Industry Life Cycle |
3.4 Cyprus Nut Butters Market - Porter's Five Forces |
3.5 Cyprus Nut Butters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Nut Butters Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Cyprus Nut Butters Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cyprus Nut Butters Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Cyprus Nut Butters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Nut Butters Market Trends |
6 Cyprus Nut Butters Market, By Types |
6.1 Cyprus Nut Butters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Nut Butters Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cyprus Nut Butters Market Revenues & Volume, By Peanut Butter, 2021 - 2031F |
6.1.4 Cyprus Nut Butters Market Revenues & Volume, By Almond Butter, 2021 - 2031F |
6.1.5 Cyprus Nut Butters Market Revenues & Volume, By Cashew Butter, 2021 - 2031F |
6.1.6 Cyprus Nut Butters Market Revenues & Volume, By Hazelnut Butter, 2021 - 2031F |
6.2 Cyprus Nut Butters Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Nut Butters Market Revenues & Volume, By Spread and Toppings, 2021 - 2031F |
6.2.3 Cyprus Nut Butters Market Revenues & Volume, By Nutritional Snacks, 2021 - 2031F |
6.2.4 Cyprus Nut Butters Market Revenues & Volume, By Confectionery, 2021 - 2031F |
6.2.5 Cyprus Nut Butters Market Revenues & Volume, By Dairy Alternatives, 2021 - 2031F |
6.3 Cyprus Nut Butters Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Nut Butters Market Revenues & Volume, By Households, 2021 - 2031F |
6.3.3 Cyprus Nut Butters Market Revenues & Volume, By Fitness Enthusiasts, 2021 - 2031F |
6.3.4 Cyprus Nut Butters Market Revenues & Volume, By Food Manufacturers, 2021 - 2031F |
6.3.5 Cyprus Nut Butters Market Revenues & Volume, By Vegan Consumers, 2021 - 2031F |
6.4 Cyprus Nut Butters Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Nut Butters Market Revenues & Volume, By Crunchy Peanut Butter, 2021 - 2031F |
6.4.3 Cyprus Nut Butters Market Revenues & Volume, By Organic Almond Butter, 2021 - 2031F |
6.4.4 Cyprus Nut Butters Market Revenues & Volume, By Flavored Cashew Butter, 2021 - 2031F |
6.4.5 Cyprus Nut Butters Market Revenues & Volume, By Cocoa-infused Hazelnut Butter, 2021 - 2031F |
7 Cyprus Nut Butters Market Import-Export Trade Statistics |
7.1 Cyprus Nut Butters Market Export to Major Countries |
7.2 Cyprus Nut Butters Market Imports from Major Countries |
8 Cyprus Nut Butters Market Key Performance Indicators |
9 Cyprus Nut Butters Market - Opportunity Assessment |
9.1 Cyprus Nut Butters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Nut Butters Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Cyprus Nut Butters Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cyprus Nut Butters Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Cyprus Nut Butters Market - Competitive Landscape |
10.1 Cyprus Nut Butters Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Nut Butters 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.
To discover high-growth global markets and optimize your business strategy:
Click Here