| Product Code: ETC4698249 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to rely on key import partners like China, UK, France, Italy, and Greece for its butane supply in 2024. Despite a negative CAGR from 2020 to 2024, the market experienced a significant decline in growth rate from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure, potentially impacting competition and pricing dynamics. Monitoring these trends can provide valuable insights for stakeholders in the butane import industry in Cyprus.

The butane market in Cyprus is driven by its application as a fuel source for domestic heating, cooking, and industrial processes. The growing demand for clean and efficient energy sources in residential and commercial sectors is fueling the expansion of the butane market.
The butane market in Cyprus is driven by its widespread use in various applications, including heating, cooking, and as a fuel for lighters and portable stoves. The growth of the energy and residential sectors is contributing to the rising demand for butane. Additionally, the growing use of butane in the petrochemical industry for producing synthetic rubber and other chemicals is supporting market expansion.
The butane market in Cyprus is constrained by the small size of the market and competition from alternative fuels, particularly natural gas. Regulatory concerns over the environmental impact of fossil fuels also contribute to declining demand for butane.
The Cypriot governments policies on energy security and diversification influence the butane market. The government regulates the supply and pricing of butane as part of its broader energy strategy, ensuring availability for domestic use while promoting alternative energy sources to meet environmental targets.
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 Butane Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Butane Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Butane Market - Industry Life Cycle |
3.4 Cyprus Butane Market - Porter's Five Forces |
3.5 Cyprus Butane Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Butane Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Butane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Butane Market Trends |
6 Cyprus Butane Market Segmentations |
6.1 Cyprus Butane Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Butane Market Revenues & Volume, By Gasoline Crude Oil, 2021-2031F |
6.1.3 Cyprus Butane Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.4 Cyprus Butane Market Revenues & Volume, By Isobutane, 2021-2031F |
6.1.5 Cyprus Butane Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Butane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Butane Market Revenues & Volume, By LPG, 2021-2031F |
6.2.3 Cyprus Butane Market Revenues & Volume, By Petrochemicals, 2021-2031F |
6.2.4 Cyprus Butane Market Revenues & Volume, By Refineries, 2021-2031F |
6.2.5 Cyprus Butane Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Butane Market Import-Export Trade Statistics |
7.1 Cyprus Butane Market Export to Major Countries |
7.2 Cyprus Butane Market Imports from Major Countries |
8 Cyprus Butane Market Key Performance Indicators |
9 Cyprus Butane Market - Opportunity Assessment |
9.1 Cyprus Butane Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Butane Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Butane Market - Competitive Landscape |
10.1 Cyprus Butane Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Butane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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