| Product Code: ETC6907449 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cyprus continued to see strong import shipments of vermouth, with top exporting countries being Italy, Spain, Germany, Sweden, and Metropolitan France. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting a competitive landscape dominated by a few key players. Despite a high CAGR of 26.72% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -46.78%. This fluctuation could be attributed to various factors influencing the vermouth market dynamics 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 Vermouth Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Vermouth Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Vermouth Market - Industry Life Cycle |
3.4 Cyprus Vermouth Market - Porter's Five Forces |
3.5 Cyprus Vermouth Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Vermouth Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Vermouth Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Vermouth Market Trends |
6 Cyprus Vermouth Market, By Types |
6.1 Cyprus Vermouth Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Vermouth Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Vermouth Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021- 2031F |
6.1.4 Cyprus Vermouth Market Revenues & Volume, By Specialist Retailers, 2021- 2031F |
6.1.5 Cyprus Vermouth Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.1.6 Cyprus Vermouth Market Revenues & Volume, By Online, 2021- 2031F |
6.2 Cyprus Vermouth Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Vermouth Market Revenues & Volume, By Sweet Vermouth, 2021- 2031F |
6.2.3 Cyprus Vermouth Market Revenues & Volume, By Dry Vermouth, 2021- 2031F |
6.2.4 Cyprus Vermouth Market Revenues & Volume, By Bianco Vermouth, 2021- 2031F |
7 Cyprus Vermouth Market Import-Export Trade Statistics |
7.1 Cyprus Vermouth Market Export to Major Countries |
7.2 Cyprus Vermouth Market Imports from Major Countries |
8 Cyprus Vermouth Market Key Performance Indicators |
9 Cyprus Vermouth Market - Opportunity Assessment |
9.1 Cyprus Vermouth Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Vermouth Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Vermouth Market - Competitive Landscape |
10.1 Cyprus Vermouth Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Vermouth 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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