| Product Code: ETC6902062 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The photovoltaic materials import shipments to Cyprus in 2024 reflect a significant market growth trend, with Italy, Greece, UK, Germany, and Czechia emerging as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 94.72% from 2020 to 2024 underscores the rapid expansion in the sector. The remarkable growth rate of 112.71% from 2023 to 2024 further highlights the increasing demand for photovoltaic materials in Cyprus, positioning the country as a key player in the renewable energy market.

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 Photovoltaic Materials Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Photovoltaic Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Photovoltaic Materials Market - Industry Life Cycle |
3.4 Cyprus Photovoltaic Materials Market - Porter's Five Forces |
3.5 Cyprus Photovoltaic Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Cyprus Photovoltaic Materials Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Cyprus Photovoltaic Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Photovoltaic Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Photovoltaic Materials Market Trends |
6 Cyprus Photovoltaic Materials Market, By Types |
6.1 Cyprus Photovoltaic Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Photovoltaic Materials Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Cyprus Photovoltaic Materials Market Revenues & Volume, By Polycrystalline Silicon, 2021- 2031F |
6.1.4 Cyprus Photovoltaic Materials Market Revenues & Volume, By Monocrystalline Silicon, 2021- 2031F |
6.1.5 Cyprus Photovoltaic Materials Market Revenues & Volume, By Cadmium Telluride, 2021- 2031F |
6.1.6 Cyprus Photovoltaic Materials Market Revenues & Volume, By Copper Indium Gallium Selenide (CIGS), 2021- 2031F |
6.1.7 Cyprus Photovoltaic Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Cyprus Photovoltaic Materials Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Photovoltaic Materials Market Revenues & Volume, By Front Sheet, 2021- 2031F |
6.2.3 Cyprus Photovoltaic Materials Market Revenues & Volume, By Encapsulant, 2021- 2031F |
6.2.4 Cyprus Photovoltaic Materials Market Revenues & Volume, By Back Sheet, 2021- 2031F |
6.2.5 Cyprus Photovoltaic Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Cyprus Photovoltaic Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Photovoltaic Materials Market Revenues & Volume, By Utility, 2021- 2031F |
6.3.3 Cyprus Photovoltaic Materials Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.4 Cyprus Photovoltaic Materials Market Revenues & Volume, By Non-residential, 2021- 2031F |
7 Cyprus Photovoltaic Materials Market Import-Export Trade Statistics |
7.1 Cyprus Photovoltaic Materials Market Export to Major Countries |
7.2 Cyprus Photovoltaic Materials Market Imports from Major Countries |
8 Cyprus Photovoltaic Materials Market Key Performance Indicators |
9 Cyprus Photovoltaic Materials Market - Opportunity Assessment |
9.1 Cyprus Photovoltaic Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Cyprus Photovoltaic Materials Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Cyprus Photovoltaic Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Photovoltaic Materials Market - Competitive Landscape |
10.1 Cyprus Photovoltaic Materials Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Photovoltaic Materials 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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