| Product Code: ETC6906557 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cyprus continued to see significant import shipments of thermic fluids, with top exporting countries being Greece, Spain, Belgium, UK, and Germany. The market concentration, as measured by the HHI, remained high, indicating a competitive environment. Despite a notable compound annual growth rate (CAGR) of 6.05% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -21.03%. This data suggests a stable market with strong competition among key exporting countries, driving the growth of thermic fluids imports in Cyprus.

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 Thermic Fluids Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Thermic Fluids Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Thermic Fluids Market - Industry Life Cycle |
3.4 Cyprus Thermic Fluids Market - Porter's Five Forces |
3.5 Cyprus Thermic Fluids Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Thermic Fluids Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Thermic Fluids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Thermic Fluids Market Trends |
6 Cyprus Thermic Fluids Market, By Types |
6.1 Cyprus Thermic Fluids Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Thermic Fluids Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Thermic Fluids Market Revenues & Volume, By Mineral Oils, 2021- 2031F |
6.1.4 Cyprus Thermic Fluids Market Revenues & Volume, By Silicone & Aromatics, 2021- 2031F |
6.1.5 Cyprus Thermic Fluids Market Revenues & Volume, By PAG & Glycol, 2021- 2031F |
6.2 Cyprus Thermic Fluids Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Thermic Fluids Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.3 Cyprus Thermic Fluids Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.2.4 Cyprus Thermic Fluids Market Revenues & Volume, By Chemical Industry, 2021- 2031F |
6.2.5 Cyprus Thermic Fluids Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.6 Cyprus Thermic Fluids Market Revenues & Volume, By Other, 2021- 2031F |
7 Cyprus Thermic Fluids Market Import-Export Trade Statistics |
7.1 Cyprus Thermic Fluids Market Export to Major Countries |
7.2 Cyprus Thermic Fluids Market Imports from Major Countries |
8 Cyprus Thermic Fluids Market Key Performance Indicators |
9 Cyprus Thermic Fluids Market - Opportunity Assessment |
9.1 Cyprus Thermic Fluids Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Thermic Fluids Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Thermic Fluids Market - Competitive Landscape |
10.1 Cyprus Thermic Fluids Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Thermic Fluids 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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