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Cyprus Bakery Industry Outlook 2022 - 2026

See how Cyprus Bakery performed compared to key markets such as the United States, the United Kingdom and Germany.

Key Market Indicators

Cypriot bread imports are expected to reach around $63 million by 2026, with an average yearly growth rate of 1.6%. Since 1994, demand for Cypriot bread has increased by an average of 4.9% each year. Paraguay surpassed Cyprus in 2021, taking the 72nd spot with $56.5 million in imports. The United Kingdom, Germany, and France all ranked higher, coming in at second, third, and fourth place respectively. Meanwhile, Cypriot bread exports are projected to reach roughly $1.9 million by 2026, with an average yearly growth rate of 0.8%. Since 1994, the country's supply has decreased by 2.4% each year. In 2021, Algeria surpassed Cyprus, taking the 99th spot with $1.8 million in exports. Canada, Italy, and Belgium ranked higher, coming in at second, third, and fourth place respectively.

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Cyprus Bakery Market Data and Forecasts

How much will Cyprus Bakery Market grow to 2026?

Forecast: Number of Employees in Bakery Products Sector in Cyprus
Forecast: Production in Bakery Products Sector in Cyprus
Forecast: Gross Investment in Bakery Products Sector in Cyprus
Forecast: Turnover in Bakery Products Sector in Cyprus
Forecast: Number of Enterprises in Bakery Products Sector in Cyprus
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