| Product Code: ETC10867351 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Cyprus continues to see a significant influx of solar imports, with key suppliers including China, Italy, India, Germany, and Belgium. The market concentration, as measured by the HHI, has risen from high to very high in 2024, indicating a more consolidated supplier base. The impressive compound annual growth rate (CAGR) of 27.22% from 2020 to 2024 highlights the increasing demand for solar products in Cyprus. The rapid growth rate of 98.6% from 2023 to 2024 suggests a surging interest in solar energy solutions, positioning Cyprus as a thriving market for solar imports.

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 Solar Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Solar Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Solar Market - Industry Life Cycle |
3.4 Cyprus Solar Market - Porter's Five Forces |
3.5 Cyprus Solar Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Cyprus Solar Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Solar Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Cyprus Solar Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Cyprus Solar Market Revenues & Volume Share, By Channel, 2021 & 2031F |
4 Cyprus Solar Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Solar Market Trends |
6 Cyprus Solar Market, By Types |
6.1 Cyprus Solar Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Solar Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Cyprus Solar Market Revenues & Volume, By Photovoltaic (PV), 2021 - 2031F |
6.1.4 Cyprus Solar Market Revenues & Volume, By Concentrated Solar Power (CSP), 2021 - 2031F |
6.1.5 Cyprus Solar Market Revenues & Volume, By Thin-Film Solar, 2021 - 2031F |
6.2 Cyprus Solar Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Solar Market Revenues & Volume, By Residential Energy, 2021 - 2031F |
6.2.3 Cyprus Solar Market Revenues & Volume, By Industrial Power, 2021 - 2031F |
6.2.4 Cyprus Solar Market Revenues & Volume, By Commercial Energy, 2021 - 2031F |
6.3 Cyprus Solar Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Solar Market Revenues & Volume, By Solar Panels, 2021 - 2031F |
6.3.3 Cyprus Solar Market Revenues & Volume, By Thermal Collectors, 2021 - 2031F |
6.3.4 Cyprus Solar Market Revenues & Volume, By Battery Storage, 2021 - 2031F |
6.4 Cyprus Solar Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Solar Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.4.3 Cyprus Solar Market Revenues & Volume, By Manufacturing Plants, 2021 - 2031F |
6.4.4 Cyprus Solar Market Revenues & Volume, By Businesses, 2021 - 2031F |
6.5 Cyprus Solar Market, By Channel |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Solar Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.3 Cyprus Solar Market Revenues & Volume, By EPC Contractors, 2021 - 2031F |
6.5.4 Cyprus Solar Market Revenues & Volume, By Solar Installers, 2021 - 2031F |
7 Cyprus Solar Market Import-Export Trade Statistics |
7.1 Cyprus Solar Market Export to Major Countries |
7.2 Cyprus Solar Market Imports from Major Countries |
8 Cyprus Solar Market Key Performance Indicators |
9 Cyprus Solar Market - Opportunity Assessment |
9.1 Cyprus Solar Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Cyprus Solar Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Solar Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Cyprus Solar Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Cyprus Solar Market Opportunity Assessment, By Channel, 2021 & 2031F |
10 Cyprus Solar Market - Competitive Landscape |
10.1 Cyprus Solar Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Solar 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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