Key Market Indicators
Cypriot printer imports are projected to plummet to approximately 735 items by 2028, a steep decline from the current figure of around 7,670 items in 2023. This represents a significant annual decrease of about 35% in the compound annual growth rate (CAGR). The trend isn't new; since 2013, Cyprus has experienced an average yearly drop of 11% in printer demand. In the latest rankings for 2023, Cyprus stood at 26th place, with Malta surpassing it with the same number of imports, 7,670 items. Leading the rankings were the Netherlands, Italy, and Belgium in the second, third, and fourth positions, respectively.