| Product Code: ETC6896636 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cyprus continued to rely heavily on industrial oxygen imports, with top exporters being Bulgaria, Serbia, Italy, Romania, and Greece. The market showed a high level of concentration, as indicated by the high Herfindahl-Hirschman Index (HHI) value. Despite a healthy compound annual growth rate (CAGR) of 4.94% from 2020 to 2024, the industry experienced a significant decline in growth rate from 2023 to 2024, with a decrease of -42.17%. This highlights the need for further analysis to understand the shifting dynamics and potential challenges in the industrial oxygen import market 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 Industrial Oxygen Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Industrial Oxygen Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Industrial Oxygen Market - Industry Life Cycle |
3.4 Cyprus Industrial Oxygen Market - Porter's Five Forces |
3.5 Cyprus Industrial Oxygen Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cyprus Industrial Oxygen Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.7 Cyprus Industrial Oxygen Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Industrial Oxygen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Industrial Oxygen Market Trends |
6 Cyprus Industrial Oxygen Market, By Types |
6.1 Cyprus Industrial Oxygen Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Industrial Oxygen Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Cyprus Industrial Oxygen Market Revenues & Volume, By Compressed Oxygen Gas, 2021- 2031F |
6.1.4 Cyprus Industrial Oxygen Market Revenues & Volume, By Liquefied Oxygen, 2021- 2031F |
6.2 Cyprus Industrial Oxygen Market, By Usage |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Industrial Oxygen Market Revenues & Volume, By Welding, 2021- 2031F |
6.2.3 Cyprus Industrial Oxygen Market Revenues & Volume, By Cutting, 2021- 2031F |
6.2.4 Cyprus Industrial Oxygen Market Revenues & Volume, By Flame Cleaning,, 2021- 2031F |
6.2.5 Cyprus Industrial Oxygen Market Revenues & Volume, By Steel Production, 2021- 2031F |
6.2.6 Cyprus Industrial Oxygen Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cyprus Industrial Oxygen Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Industrial Oxygen Market Revenues & Volume, By Automotive and Aerospace, 2021- 2031F |
6.3.3 Cyprus Industrial Oxygen Market Revenues & Volume, By Chemical Processing, 2021- 2031F |
6.3.4 Cyprus Industrial Oxygen Market Revenues & Volume, By Energy, 2021- 2031F |
7 Cyprus Industrial Oxygen Market Import-Export Trade Statistics |
7.1 Cyprus Industrial Oxygen Market Export to Major Countries |
7.2 Cyprus Industrial Oxygen Market Imports from Major Countries |
8 Cyprus Industrial Oxygen Market Key Performance Indicators |
9 Cyprus Industrial Oxygen Market - Opportunity Assessment |
9.1 Cyprus Industrial Oxygen Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cyprus Industrial Oxygen Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.3 Cyprus Industrial Oxygen Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Industrial Oxygen Market - Competitive Landscape |
10.1 Cyprus Industrial Oxygen Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Industrial Oxygen 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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