Key Market Indicators
Cypriot energy consumption is predicted to be just over 0.1 exajoules in 2026, a decrease of 0.2% from 2021. Since 1970, energy demand in Cyprus has decreased by 1.3% every year. In 2021, the country came in 76th in the world rankings, with Luxembourg ahead of them at 0.11 exajoules. The US, India and Russia were the top three countries in this ranking. Cypriot energy supply is expected to reach 2.31 million tonnes of oil equivalent by 2026, a 0.3% year-on-year growth since 1976. Cyprus ranked 129th in 2021, with Albania ahead of them at 2.27 million tonnes of oil equivalent. The US, India and Russia ranked in the top three for this ranking.
Cyprus Energy Market Data and Forecasts
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