| Product Code: ETC6902351 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cyprus saw a significant increase in plug valve import shipments in 2024, with top exporters including Italy, China, Netherlands, Spain, and Greece. The market remains highly concentrated, with the Herfindahl-Hirschman Index (HHI) showing high concentration levels. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 60.07%, indicating a rapidly expanding market. Furthermore, the growth rate in 2024 alone spiked to 245.92%, demonstrating a surge in demand for plug valves in Cyprus. This data suggests a dynamic and thriving market for plug valve imports in the country.

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 Plug Valve Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Plug Valve Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Plug Valve Market - Industry Life Cycle |
3.4 Cyprus Plug Valve Market - Porter's Five Forces |
3.5 Cyprus Plug Valve Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Plug Valve Market Revenues & Volume Share, By Design, 2021 & 2031F |
3.7 Cyprus Plug Valve Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Cyprus Plug Valve Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Plug Valve Market Trends |
6 Cyprus Plug Valve Market, By Types |
6.1 Cyprus Plug Valve Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Plug Valve Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Plug Valve Market Revenues & Volume, By Non-Lubricated Plug Valve, 2021- 2031F |
6.1.4 Cyprus Plug Valve Market Revenues & Volume, By Lubricated Plug Valve, 2021- 2031F |
6.1.5 Cyprus Plug Valve Market Revenues & Volume, By Eccentric Plug Valve, 2021- 2031F |
6.1.6 Cyprus Plug Valve Market Revenues & Volume, By Expanding Plug Valve, 2021- 2031F |
6.2 Cyprus Plug Valve Market, By Design |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Plug Valve Market Revenues & Volume, By Two Way Plug Valve, 2021- 2031F |
6.2.3 Cyprus Plug Valve Market Revenues & Volume, By Three-Way Plug Valve, 2021- 2031F |
6.3 Cyprus Plug Valve Market, By End-User Industry |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Plug Valve Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.3.3 Cyprus Plug Valve Market Revenues & Volume, By Chemical & Petrochemical, 2021- 2031F |
6.3.4 Cyprus Plug Valve Market Revenues & Volume, By Water & Wastewater, 2021- 2031F |
6.3.5 Cyprus Plug Valve Market Revenues & Volume, By Energy, 2021- 2031F |
7 Cyprus Plug Valve Market Import-Export Trade Statistics |
7.1 Cyprus Plug Valve Market Export to Major Countries |
7.2 Cyprus Plug Valve Market Imports from Major Countries |
8 Cyprus Plug Valve Market Key Performance Indicators |
9 Cyprus Plug Valve Market - Opportunity Assessment |
9.1 Cyprus Plug Valve Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Plug Valve Market Opportunity Assessment, By Design, 2021 & 2031F |
9.3 Cyprus Plug Valve Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
10 Cyprus Plug Valve Market - Competitive Landscape |
10.1 Cyprus Plug Valve Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Plug Valve 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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