| Product Code: ETC5234771 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of torque wrenches to Cyprus in 2024 continued to show high concentration, with top exporting countries being Greece, Germany, China, Taiwan, and Metropolitan France. The industry demonstrated strong growth, with a Compound Annual Growth Rate (CAGR) of 6.65% from 2020 to 2024. Notably, there was a significant growth spurt in 2024, with a growth rate of 34.23% from the previous year. This indicates a robust demand for torque wrenches in Cyprus, driven by the quality products supplied by these key exporting countries.

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 Torque Wrench Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Torque Wrench Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Torque Wrench Market - Industry Life Cycle |
3.4 Cyprus Torque Wrench Market - Porter's Five Forces |
3.5 Cyprus Torque Wrench Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Torque Wrench Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cyprus Torque Wrench Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Torque Wrench Market Trends |
6 Cyprus Torque Wrench Market Segmentations |
6.1 Cyprus Torque Wrench Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Torque Wrench Market Revenues & Volume, By Manual Torque Wrench, 2021-2031F |
6.1.3 Cyprus Torque Wrench Market Revenues & Volume, By Pneumatic Torque Wrench, 2021-2031F |
6.1.4 Cyprus Torque Wrench Market Revenues & Volume, By Electronic Torque Wrench, 2021-2031F |
6.2 Cyprus Torque Wrench Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Torque Wrench Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Cyprus Torque Wrench Market Revenues & Volume, By Engineering & Machinery Manufacturing, 2021-2031F |
6.2.4 Cyprus Torque Wrench Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Cyprus Torque Wrench Market Revenues & Volume, By Shipping & Aerospace, 2021-2031F |
6.2.6 Cyprus Torque Wrench Market Revenues & Volume, By Other, 2021-2031F |
7 Cyprus Torque Wrench Market Import-Export Trade Statistics |
7.1 Cyprus Torque Wrench Market Export to Major Countries |
7.2 Cyprus Torque Wrench Market Imports from Major Countries |
8 Cyprus Torque Wrench Market Key Performance Indicators |
9 Cyprus Torque Wrench Market - Opportunity Assessment |
9.1 Cyprus Torque Wrench Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Torque Wrench Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cyprus Torque Wrench Market - Competitive Landscape |
10.1 Cyprus Torque Wrench Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Torque Wrench 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.
To discover high-growth global markets and optimize your business strategy:
Click Here