| Product Code: ETC6905225 | 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 |
In 2024, Cyprus continued to see significant imports of soft magnetic composite, with top exporters being China, Poland, Serbia, Turkey, and Germany. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 19.17%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries hold a dominant position in supplying soft magnetic composite to Cyprus. Continued monitoring of market dynamics and competition among exporters will be crucial for stakeholders in the industry.

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 Soft Magnetic Composite Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Soft Magnetic Composite Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Soft Magnetic Composite Market - Industry Life Cycle |
3.4 Cyprus Soft Magnetic Composite Market - Porter's Five Forces |
3.5 Cyprus Soft Magnetic Composite Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Cyprus Soft Magnetic Composite Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Soft Magnetic Composite Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Soft Magnetic Composite Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Soft Magnetic Composite Market Trends |
6 Cyprus Soft Magnetic Composite Market, By Types |
6.1 Cyprus Soft Magnetic Composite Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Soft Ferrite, 2021- 2031F |
6.1.4 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Electrical Steel, 2021- 2031F |
6.1.5 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Iron, 2021- 2031F |
6.1.6 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Others (including Supermalloys, Permalloys, and Silicon Ferrite), 2021- 2031F |
6.2 Cyprus Soft Magnetic Composite Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Traction Motors, 2021- 2031F |
6.2.3 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Air Conditioning Compressors, 2021- 2031F |
6.2.4 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Pumps (including Cooling and Oil), 2021- 2031F |
6.2.5 Cyprus Soft Magnetic Composite Market Revenues & Volume, By DC/DC Converters, 2021- 2031F |
6.2.6 Cyprus Soft Magnetic Composite Market Revenues & Volume, By On-vehicle Chargers, 2021- 2031F |
6.2.7 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Ventilation Fans, 2021- 2031F |
6.2.8 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Industrial Motor Drives, 2021- 2031F |
6.2.9 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Industrial Motor Drives, 2021- 2031F |
6.3 Cyprus Soft Magnetic Composite Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.3 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Industrial Machinery & Equipment, 2021- 2031F |
6.3.4 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.3.5 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Energy, 2021- 2031F |
6.3.6 Cyprus Soft Magnetic Composite Market Revenues & Volume, By Others (including Electronics), 2021- 2031F |
7 Cyprus Soft Magnetic Composite Market Import-Export Trade Statistics |
7.1 Cyprus Soft Magnetic Composite Market Export to Major Countries |
7.2 Cyprus Soft Magnetic Composite Market Imports from Major Countries |
8 Cyprus Soft Magnetic Composite Market Key Performance Indicators |
9 Cyprus Soft Magnetic Composite Market - Opportunity Assessment |
9.1 Cyprus Soft Magnetic Composite Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Cyprus Soft Magnetic Composite Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Soft Magnetic Composite Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Soft Magnetic Composite Market - Competitive Landscape |
10.1 Cyprus Soft Magnetic Composite Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Soft Magnetic Composite 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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