Key Market Indicators
Cyprus is projected to see its bread imports reach nearly $65 million by 2028, up from approximately $59 million in 2023. This marks an average annual growth rate of 1.5%. The demand for bread in Cyprus has been on the rise, increasing by 1.9% each year since 1994. On the export front, Cypriot bread exports are expected to climb to about $1.9 million by 2028, compared to around $1.8 million in 2023. This represents an average annual growth rate of 0.7%. Since 1994, the supply of bread from Cyprus has grown at an annual rate of 1.5%.
