| Product Code: ETC4940974 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to see a steady growth in its pumps import shipments, with top exporting countries in 2024 including China, Greece, Italy, Germany, and the UK. The market shows moderate concentration with a stable HHI in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 7.86%, indicating sustained expansion. Additionally, the growth rate from 2023 to 2024 spiked to an impressive 13.02%, showcasing potential opportunities and increasing demand for pumps in the Cyprus market.

By 2027, the Pumps market in Cyprus is anticipated to reach a growth rate of 6.27%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Pumps Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Pumps Market - Industry Life Cycle |
3.4 Cyprus Pumps Market - Porter's Five Forces |
3.5 Cyprus Pumps Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cyprus Pumps Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.7 Cyprus Pumps Market Revenues & Volume Share, By Driving Force, 2021 & 2031F |
3.8 Cyprus Pumps Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Cyprus Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Pumps Market Trends |
6 Cyprus Pumps Market Segmentations |
6.1 Cyprus Pumps Market, By Product |
6.1.1 Overview and Analysis | 6.1.3 Cyprus Pumps Market Revenues & Volume, By Portable, 2021-2031F |
6.1.3 Cyprus Pumps Market Revenues & Volume, By Stationary, 2021-2031F |
6.2 Cyprus Pumps Market, By Position |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Pumps Market Revenues & Volume, By Submersible, 2021-2031F |
6.2.3 Cyprus Pumps Market Revenues & Volume, By Non-submersible, 2021-2031F |
6.3 Cyprus Pumps Market, By Driving Force |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Pumps Market Revenues & Volume, By Engine Driven, 2021-2031F |
6.3.3 Cyprus Pumps Market Revenues & Volume, By Electrical Driven, 2021-2031F |
6.4 Cyprus Pumps Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Pumps Market Revenues & Volume, By Centrifugal Pumps, 2021-2031F |
6.4.3 Cyprus Pumps Market Revenues & Volume, By Diaphragm Pumps, 2021-2031F |
6.5 Cyprus Pumps Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Pumps Market Revenues & Volume, By Mining, 2021-2031F |
6.5.3 Cyprus Pumps Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.5.4 Cyprus Pumps Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.5 Cyprus Pumps Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 Cyprus Pumps Market Revenues & Volume, By Municipal, 2021-2031F |
7 Cyprus Pumps Market Import-Export Trade Statistics |
7.1 Cyprus Pumps Market Export to Major Countries |
7.2 Cyprus Pumps Market Imports from Major Countries |
8 Cyprus Pumps Market Key Performance Indicators |
9 Cyprus Pumps Market - Opportunity Assessment |
9.1 Cyprus Pumps Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cyprus Pumps Market Opportunity Assessment, By Position, 2021 & 2031F |
9.3 Cyprus Pumps Market Opportunity Assessment, By Driving Force, 2021 & 2031F |
9.4 Cyprus Pumps Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Cyprus Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Pumps Market - Competitive Landscape |
10.1 Cyprus Pumps Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Pumps 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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