Key Market Indicators
Cypriot stone imports are projected to reach nearly $50 million by 2026, growing at a rate of 0.8% annually. Current demand is at $47 million, an 8.7% year-on-year increase since 1994. Nigeria placed number one in 2021, followed by Germany, the United Kingdom and France. Stone exports from Cyprus dropped 28.9% to $58 million in 2021, from $82 million in 2020. Since 1994, the country's overall supply has decreased by 9.2%. In 2021, Antigua and Barbuda placed first in the rankings, followed by Germany, the United States and Italy.