| Product Code: ETC5770343 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus saw a significant decrease in small gas engines import shipments with a negative CAGR of -22.25% from 2020 to 2024. The top countries exporting to Cyprus were the Netherlands, Greece, Belgium, USA, and China. Despite the high concentration of the Herfindahl-Hirschman Index (HHI) remaining elevated in 2024, there was a sharp decline in the growth rate from 2023 to 2024 at -48.08%. This data suggests a challenging market environment for small gas engines imports in Cyprus, with a notable shift in supplier dynamics impacting the industry landscape.

The small gas engines market in Cyprus is driven by the increasing demand for portable power equipment and outdoor machinery. These engines are widely used in applications such as lawn mowers, generators, and small vehicles. As the trend towards outdoor activities and gardening grows, the demand for small gas engines is expected to rise. Additionally, advancements in engine technology are leading to improved fuel efficiency and reduced emissions, enhancing their appeal in the market. However, regulatory pressures for greener alternatives could impact future growth.
The small gas engines market in Cyprus is witnessing growth due to the increasing adoption of portable equipment across sectors such as landscaping, construction, and recreational activities. The rising demand for lawnmowers, generators, and pressure washers drives the market for small gas engines. Additionally, advancements in engine technology, which improve fuel efficiency and reduce emissions, are making these engines more appealing to consumers and businesses alike, further stimulating market growth.
The Cyprus Small Gas Engines market is hindered by environmental regulations aimed at reducing emissions from internal combustion engines. These regulations compel manufacturers to invest in cleaner technologies, increasing production costs and potentially limiting product offerings. Moreover, the rising popularity of electric alternatives presents a significant competitive threat, prompting traditional gas engine manufacturers to rethink their product strategies. Additionally, the market struggles with a relatively small customer base, which can limit economies of scale and hinder growth.
The small gas engines market in Cyprus is shaped by government policies promoting energy efficiency and alternative energy sources. Incentives for using cleaner technologies in the automotive sector are in place, aiming to reduce emissions and improve air quality. Additionally, regulations regarding noise and emissions standards for small engines are strictly enforced, pushing manufacturers to invest in research and development to create more efficient and environmentally friendly engines.
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 Small Gas Engines Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Small Gas Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Small Gas Engines Market - Industry Life Cycle |
3.4 Cyprus Small Gas Engines Market - Porter's Five Forces |
3.5 Cyprus Small Gas Engines Market Revenues & Volume Share, By Equipment, 2021 & 2031F |
3.6 Cyprus Small Gas Engines Market Revenues & Volume Share, By Displacement, 2021 & 2031F |
3.7 Cyprus Small Gas Engines Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Cyprus Small Gas Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Small Gas Engines Market Trends |
6 Cyprus Small Gas Engines Market Segmentations |
6.1 Cyprus Small Gas Engines Market, By Equipment |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Small Gas Engines Market Revenues & Volume, By Lawnmower, 2021-2031F |
6.1.3 Cyprus Small Gas Engines Market Revenues & Volume, By Chainsaw, 2021-2031F |
6.1.4 Cyprus Small Gas Engines Market Revenues & Volume, By String Trimmer, 2021-2031F |
6.1.5 Cyprus Small Gas Engines Market Revenues & Volume, By Hedge Trimmer, 2021-2031F | 6.1.7 Cyprus Small Gas Engines Market Revenues & Volume, By Portable Generator, 2021-2031F |
6.2 Cyprus Small Gas Engines Market, By Displacement |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Small Gas Engines Market Revenues & Volume, By 20-100cc, 2021-2031F |
6.2.3 Cyprus Small Gas Engines Market Revenues & Volume, By 101-400cc, 2021-2031F |
6.2.4 Cyprus Small Gas Engines Market Revenues & Volume, By 401-650cc, 2021-2031F |
6.3 Cyprus Small Gas Engines Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Small Gas Engines Market Revenues & Volume, By Gardening, 2021-2031F |
6.3.3 Cyprus Small Gas Engines Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.4 Cyprus Small Gas Engines Market Revenues & Volume, By Construction, 2021-2031F |
7 Cyprus Small Gas Engines Market Import-Export Trade Statistics |
7.1 Cyprus Small Gas Engines Market Export to Major Countries |
7.2 Cyprus Small Gas Engines Market Imports from Major Countries |
8 Cyprus Small Gas Engines Market Key Performance Indicators |
9 Cyprus Small Gas Engines Market - Opportunity Assessment |
9.1 Cyprus Small Gas Engines Market Opportunity Assessment, By Equipment, 2021 & 2031F |
9.2 Cyprus Small Gas Engines Market Opportunity Assessment, By Displacement, 2021 & 2031F |
9.3 Cyprus Small Gas Engines Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Cyprus Small Gas Engines Market - Competitive Landscape |
10.1 Cyprus Small Gas Engines Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Small Gas Engines 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.
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