| Product Code: ETC6892116 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cyprus continued to see a strong influx of craft rum imports, primarily sourced from Italy, UK, Metropolitan France, Netherlands, and Spain. The market remained highly concentrated, indicated by a high Herfindahl-Hirschman Index (HHI). Despite a notable Compound Annual Growth Rate (CAGR) of 26.46% from 2020 to 2024, there was a slight decline in growth from 2023 to 2024 at -7.44%. This data suggests a competitive landscape for craft rum imports in Cyprus, with key players vying for market share and consumer interest.

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 Craft Rum Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Craft Rum Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Craft Rum Market - Industry Life Cycle |
3.4 Cyprus Craft Rum Market - Porter's Five Forces |
3.5 Cyprus Craft Rum Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Craft Rum Market Revenues & Volume Share, By Volume, 2021 & 2031F |
3.7 Cyprus Craft Rum Market Revenues & Volume Share, By Pricing, 2021 & 2031F |
3.8 Cyprus Craft Rum Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.9 Cyprus Craft Rum Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Craft Rum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Craft Rum Market Trends |
6 Cyprus Craft Rum Market, By Types |
6.1 Cyprus Craft Rum Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Craft Rum Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cyprus Craft Rum Market Revenues & Volume, By Light Rum, 2021- 2031F |
6.1.4 Cyprus Craft Rum Market Revenues & Volume, By Gold Rum, 2021- 2031F |
6.1.5 Cyprus Craft Rum Market Revenues & Volume, By Dark/Black Rum, 2021- 2031F |
6.1.6 Cyprus Craft Rum Market Revenues & Volume, By Rhum Agricole, 2021- 2031F |
6.1.7 Cyprus Craft Rum Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cyprus Craft Rum Market, By Volume |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Craft Rum Market Revenues & Volume, By Under 350ml, 2021- 2031F |
6.2.3 Cyprus Craft Rum Market Revenues & Volume, By 351ml - 750ml, 2021- 2031F |
6.2.4 Cyprus Craft Rum Market Revenues & Volume, By Above 750ml, 2021- 2031F |
6.3 Cyprus Craft Rum Market, By Pricing |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Craft Rum Market Revenues & Volume, By Mass, 2021- 2031F |
6.3.3 Cyprus Craft Rum Market Revenues & Volume, By Premium, 2021- 2031F |
6.4 Cyprus Craft Rum Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Craft Rum Market Revenues & Volume, By Individual, 2021- 2031F |
6.4.3 Cyprus Craft Rum Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5 Cyprus Craft Rum Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Craft Rum Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Cyprus Craft Rum Market Revenues & Volume, By Offline, 2021- 2031F |
7 Cyprus Craft Rum Market Import-Export Trade Statistics |
7.1 Cyprus Craft Rum Market Export to Major Countries |
7.2 Cyprus Craft Rum Market Imports from Major Countries |
8 Cyprus Craft Rum Market Key Performance Indicators |
9 Cyprus Craft Rum Market - Opportunity Assessment |
9.1 Cyprus Craft Rum Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Craft Rum Market Opportunity Assessment, By Volume, 2021 & 2031F |
9.3 Cyprus Craft Rum Market Opportunity Assessment, By Pricing, 2021 & 2031F |
9.4 Cyprus Craft Rum Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.5 Cyprus Craft Rum Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Craft Rum Market - Competitive Landscape |
10.1 Cyprus Craft Rum Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Craft Rum 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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