| Product Code: ETC5040458 | 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 surfboard import shipments, with China, Germany, Italy, Ireland, and Thailand as the top exporting countries in 2024. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 6.03%, with a growth rate of 3.65% from 2023 to 2024. This data suggests a resilient and expanding surfboard market in Cyprus, driven by a diverse range of suppliers from around the globe.

The Surfboard market in Cyprus is projected to grow at a stable growth rate of 4.57% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Surfboard Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Surfboard Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Surfboard Market - Industry Life Cycle |
3.4 Cyprus Surfboard Market - Porter's Five Forces |
3.5 Cyprus Surfboard Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Surfboard Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Cyprus Surfboard Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Cyprus Surfboard Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Surfboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Surfboard Market Trends |
6 Cyprus Surfboard Market Segmentations |
6.1 Cyprus Surfboard Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Surfboard Market Revenues & Volume, By Shortboards, 2021-2031F |
6.1.3 Cyprus Surfboard Market Revenues & Volume, By Longboards, 2021-2031F |
6.1.4 Cyprus Surfboard Market Revenues & Volume, By Fish Boards, 2021-2031F |
6.1.5 Cyprus Surfboard Market Revenues & Volume, By Gun Boards, 2021-2031F |
6.1.6 Cyprus Surfboard Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Surfboard Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Surfboard Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.3 Cyprus Surfboard Market Revenues & Volume, By Balsa Wood, 2021-2031F |
6.2.4 Cyprus Surfboard Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cyprus Surfboard Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Surfboard Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Cyprus Surfboard Market Revenues & Volume, By Offline, 2021-2031F |
6.4 Cyprus Surfboard Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Surfboard Market Revenues & Volume, By Recreational, 2021-2031F |
6.4.3 Cyprus Surfboard Market Revenues & Volume, By Professional, 2021-2031F |
7 Cyprus Surfboard Market Import-Export Trade Statistics |
7.1 Cyprus Surfboard Market Export to Major Countries |
7.2 Cyprus Surfboard Market Imports from Major Countries |
8 Cyprus Surfboard Market Key Performance Indicators |
9 Cyprus Surfboard Market - Opportunity Assessment |
9.1 Cyprus Surfboard Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Surfboard Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Cyprus Surfboard Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Cyprus Surfboard Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Surfboard Market - Competitive Landscape |
10.1 Cyprus Surfboard Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Surfboard 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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