Key Market Indicators
Demand for microwave ovens in Cyprus is set to decrease marginally over the next five years. In 2021, the country imported 18,350 units of the appliance. This figure is expected to drop to 16,870 units by 2026, representing a yearly average decrease of 1.3%. Since 1994, the country has seen an overall increase of 1.5% in microwave oven imports, per year. However, over the same period, Cypriot supply has decreased by 74.3% annually.
