Key Market Indicators
Cypriot diagnostic reagent imports are projected to reach $20 million by 2026, up from $17.7 million in 2021. This growth amounts to an average year-on-year increase of 2%. Since 1994, imports have grown by an average of 6.7% per year. In 2021, Cypriot diagnostic reagent imports ranked 89th globally, while Namibia was ahead with $17.7 million. Germany, China and the Netherlands were the next three biggest importers, respectively. Cypriot diagnostic reagent exports are set to reach $7.9 million by 2026, up from $7.0 million in 2021, with an average year-on-year growth rate of 1.9%. Since 1994, exports have decreased by 0.2% per year. In 2021, Cypriot diagnostic reagent exports ranked 47th globally, with Romania in the lead at $7.0 million. Germany, the Netherlands and the United Kingdom were the next three biggest exporters, respectively.
