| Product Code: ETC4724317 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to heavily rely on potassium iodide imports, with significant shipments coming from top exporters such as the UK, Germany, Belgium, Spain, and Greece. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the negative Compound Annual Growth Rate (CAGR) from 2020-2024 suggests a decline in import volumes. However, the impressive growth rate of 283.83% from 2023-2024 signals a recent surge in demand for potassium iodide in Cyprus, potentially indicating a shift in market dynamics.

In the Europe region, the Potassium iodide market in Cyprus is projected to expand at a stable growth rate of 2.75% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

The Potassium Iodide market in Cyprus is niche yet important due to its applications in pharmaceuticals and nutritional supplements. Potassium iodide is valued for its role in thyroid health and as a dietary supplement. The market is characterized by increasing consumer awareness of health and wellness. As the focus on preventive healthcare grows, the potassium iodide market is anticipated to expand.
The potassium iodide market in Cyprus is driven by the increasing demand for iodine supplements and pharmaceutical applications. As consumers prioritize health and wellness, the use of potassium iodide for its nutritional benefits is gaining traction. The growth of the pharmaceutical and nutraceutical sectors further stimulates demand for potassium iodide as manufacturers seek high-quality ingredients.
In the potassium iodide market, Cyprus encounters challenges associated with raw material volatility and regulatory compliance. The availability and pricing of key iodide sources can fluctuate, impacting production costs and stability. Additionally, manufacturers must navigate complex regulations governing the use of potassium iodide in various applications, necessitating ongoing investments in compliance measures. Competition from alternative iodide products can also pressure pricing and market share.
Government policies promote the potassium iodide market by emphasizing its importance in public health and safety, particularly in areas prone to nuclear incidents. The government supports local manufacturers in producing potassium iodide supplements, providing financial assistance for research initiatives that enhance product efficacy and distribution.
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 Potassium iodide Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Potassium iodide Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Potassium iodide Market - Industry Life Cycle |
3.4 Cyprus Potassium iodide Market - Porter's Five Forces |
3.5 Cyprus Potassium iodide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Potassium iodide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Potassium iodide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Potassium iodide Market Trends |
6 Cyprus Potassium iodide Market Segmentations |
6.1 Cyprus Potassium iodide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Potassium iodide Market Revenues & Volume, By Industrial Grade, 2021-2031F |
6.1.3 Cyprus Potassium iodide Market Revenues & Volume, By Non-industrial Grade, 2021-2031F |
6.2 Cyprus Potassium iodide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Potassium iodide Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.2.3 Cyprus Potassium iodide Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.4 Cyprus Potassium iodide Market Revenues & Volume, By Nutrition, 2021-2031F |
6.2.5 Cyprus Potassium iodide Market Revenues & Volume, By Film Photography, 2021-2031F |
6.2.6 Cyprus Potassium iodide Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Potassium iodide Market Import-Export Trade Statistics |
7.1 Cyprus Potassium iodide Market Export to Major Countries |
7.2 Cyprus Potassium iodide Market Imports from Major Countries |
8 Cyprus Potassium iodide Market Key Performance Indicators |
9 Cyprus Potassium iodide Market - Opportunity Assessment |
9.1 Cyprus Potassium iodide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Potassium iodide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Potassium iodide Market - Competitive Landscape |
10.1 Cyprus Potassium iodide Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Potassium iodide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |