| Product Code: ETC6898133 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The luxury cigar import market in Cyprus saw a slight uptick in growth from 2023 to 2024, with top exporters being Greece, Poland, Czechia, Romania, and Germany. However, the market continues to experience high concentration levels, with the Herfindahl-Hirschman Index (HHI) reaching very high levels in 2024. Despite a slight improvement in growth rate, the compound annual growth rate (CAGR) over the period 2020-2024 remains negative at -1.05%. This suggests a challenging market environment, highlighting the need for strategic planning and differentiation among luxury cigar importers 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 Luxury Cigar Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Luxury Cigar Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Luxury Cigar Market - Industry Life Cycle |
3.4 Cyprus Luxury Cigar Market - Porter's Five Forces |
3.5 Cyprus Luxury Cigar Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Luxury Cigar Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Luxury Cigar Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Luxury Cigar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Luxury Cigar Market Trends |
6 Cyprus Luxury Cigar Market, By Types |
6.1 Cyprus Luxury Cigar Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Luxury Cigar Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Luxury Cigar Market Revenues & Volume, By Hand Rolled, 2021- 2031F |
6.1.4 Cyprus Luxury Cigar Market Revenues & Volume, By Machine Rolled, 2021- 2031F |
6.2 Cyprus Luxury Cigar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Luxury Cigar Market Revenues & Volume, By Male Smokers, 2021- 2031F |
6.2.3 Cyprus Luxury Cigar Market Revenues & Volume, By Female Smokers, 2021- 2031F |
6.3 Cyprus Luxury Cigar Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Luxury Cigar Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 Cyprus Luxury Cigar Market Revenues & Volume, By Offline, 2021- 2031F |
7 Cyprus Luxury Cigar Market Import-Export Trade Statistics |
7.1 Cyprus Luxury Cigar Market Export to Major Countries |
7.2 Cyprus Luxury Cigar Market Imports from Major Countries |
8 Cyprus Luxury Cigar Market Key Performance Indicators |
9 Cyprus Luxury Cigar Market - Opportunity Assessment |
9.1 Cyprus Luxury Cigar Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Luxury Cigar Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Luxury Cigar Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Luxury Cigar Market - Competitive Landscape |
10.1 Cyprus Luxury Cigar Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Luxury Cigar 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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