Key Market Indicators
Cypriot roofing sales is forecast to reach €4.6 million by 2026, up from €4.4 million in 2021, an average growth rate of 0.7% per year. Since 2013, the Cypriot market has grown 10.9% annually. In 2021, the country ranked 30th, with Greece surpassing it at €4.4 million. France, the United Kingdom and Austria came second, third and fourth respectively. Cypriot roofing imports are set to decline to 3.7 million kilograms by 2026, down from 6.7 million kilograms in 2021, a 9.9% annual average decline. Since 2001, Cypriot demand has dropped 6.7% year on year. In 2021, the country ranked 52nd, with Morocco in front at 6.7 million kilograms. The United Kingdom, Romania and Bulgaria followed in second, third and fourth places respectively.