| Product Code: ETC6904445 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a declining compound annual growth rate (CAGR) of -9.97% from 2020 to 2024 and a negative growth rate of -5.44% in 2023-24, Cyprus continues to heavily rely on imports of second-generation biofuels. The top exporting countries to Cyprus in 2024 include Greece, Romania, Sweden, Austria, and Belgium, indicating a diverse source of imports. However, the high Herfindahl-Hirschman Index (HHI) concentration suggests a market dominated by a few key players. This data underscores the importance of monitoring market dynamics and exploring strategies to promote sustainable biofuel production domestically.

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 Second-Generation Biofuels Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Second-Generation Biofuels Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Second-Generation Biofuels Market - Industry Life Cycle |
3.4 Cyprus Second-Generation Biofuels Market - Porter's Five Forces |
3.5 Cyprus Second-Generation Biofuels Market Revenues & Volume Share, By Feedstock, 2021 & 2031F |
3.6 Cyprus Second-Generation Biofuels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cyprus Second-Generation Biofuels Market Revenues & Volume Share, By Process, 2021 & 2031F |
3.8 Cyprus Second-Generation Biofuels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Second-Generation Biofuels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government support and incentives for renewable energy sources |
4.2.2 Increasing environmental concerns and regulations promoting sustainable fuels |
4.2.3 Advancements in technology and research for second-generation biofuels |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up production facilities |
4.3.2 Competition from traditional fossil fuels |
4.3.3 Limited availability and high cost of feedstock for biofuel production |
5 Cyprus Second-Generation Biofuels Market Trends |
6 Cyprus Second-Generation Biofuels Market, By Types |
6.1 Cyprus Second-Generation Biofuels Market, By Feedstock |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Feedstock, 2021- 2031F |
6.1.3 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Lignocellulose Biomass, 2021- 2031F |
6.1.4 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Field Crop Residues, 2021- 2031F |
6.1.5 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Forest Product Residues, 2021- 2031F |
6.1.6 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cyprus Second-Generation Biofuels Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Biodiesel, 2021- 2031F |
6.2.3 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Bioethanol, 2021- 2031F |
6.2.4 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cyprus Second-Generation Biofuels Market, By Process |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Biochemical Process, 2021- 2031F |
6.3.3 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Thermochemical Process, 2021- 2031F |
6.3.4 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Cyprus Second-Generation Biofuels Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Transportation, 2021- 2031F |
6.4.3 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.4.4 Cyprus Second-Generation Biofuels Market Revenues & Volume, By Others, 2021- 2031F |
7 Cyprus Second-Generation Biofuels Market Import-Export Trade Statistics |
7.1 Cyprus Second-Generation Biofuels Market Export to Major Countries |
7.2 Cyprus Second-Generation Biofuels Market Imports from Major Countries |
8 Cyprus Second-Generation Biofuels Market Key Performance Indicators |
8.1 Research and development investment in biofuel technology |
8.2 Percentage of energy consumption from renewable sources in Cyprus |
8.3 Number of partnerships and collaborations in the biofuel industry in Cyprus |
9 Cyprus Second-Generation Biofuels Market - Opportunity Assessment |
9.1 Cyprus Second-Generation Biofuels Market Opportunity Assessment, By Feedstock, 2021 & 2031F |
9.2 Cyprus Second-Generation Biofuels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cyprus Second-Generation Biofuels Market Opportunity Assessment, By Process, 2021 & 2031F |
9.4 Cyprus Second-Generation Biofuels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Second-Generation Biofuels Market - Competitive Landscape |
10.1 Cyprus Second-Generation Biofuels Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Second-Generation Biofuels 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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