Key Market Indicators
Cypriot grape consumption is predicted to remain stable over the next five years, with 4 thousand metric tons predicted in 2026. This follows a 26% increase in demand since 2017. Latvia overtook Cypriot consumption in 2021, coming in 94th in the ranking with 4 thousand metric tons. The United States, India and Iran ranked higher, taking the top three spots. Production of grapes in Cyprus is set to drop 9.1% between 2021 and 2026, from 18,440 metric tons to 10,690 metric tons. This follows a 1% increase in supply since 1966. Guatemala took the 71st spot in 2021, with Cypriot production coming in just below at 18,440 metric tons. Italy, the United States and Spain took the top three spots in the ranking.
