Market research

Shelled almonds market in Cyprus

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market volume for shelled almonds in Cyprus remained around 1 100 t between 2018 and 2020, with notable volatility in almond import prices during these years. A contraction to 975 t occurred in 2021, a period which saw a significant drop in import prices for almonds.

A sharp expansion followed, with the market volume jumping to 1 429 t in 2022 and rising further to 1 462 t in 2023. This growth period coincided with global supply chain disruptions and increased production costs that affected almond markets worldwide in 2022.

Domestic production increased steadily from 128 t to 217 t over 2018–2023 but remained a minor component of the market, which continued to depend on imports from Greece, Bulgaria, and Spain throughout the period.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Cyprus
  1. 5.1.1. Annual dynamics of production in Cyprus in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Cyprus in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Cyprus in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Cyprus by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Cyprus in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Cyprus by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Cyprus, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Cyprus by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Cyprus in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Cyprus by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Cyprus in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Cyprus by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Cyprus, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Cyprus by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Cyprus in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Cyprus by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Cyprus in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Cyprus by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Cyprus, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Cyprus by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Cyprus in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Cyprus by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Cyprus in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Cyprus by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Cyprus, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Cyprus by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production shelled almonds in Cyprus

In kind, 2017-2020, t

Between 2017 and 2020, Cyprus ranked 29th globally in the production of shelled almonds.

Top producers of shelled almonds, 2017-2020

Source: SHEV.io

World map of production of shelled almonds, 2017-2020

Source: SHEV.io

Cyprus saw its shelled almond production rise for the second year in a row. In 2020, the country produced 196.6 tonnes, marking an 8.0% increase from 2019. Over the 2017-2020 period, production grew by 48.1%, averaging an annual growth rate of 14.0%. The lowest output was in 2018 at 128.4 tonnes, which also saw the largest decline of 3.3%. In contrast, 2019 recorded the biggest jump with a 41.8% increase.

Annual dynamics of production in Cyprus in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.3%)	41.8%	8.0%	14.0%

Source: SHEV.io

Exports shelled almonds from Cyprus

Exports in kind, t

Cyprus experienced a third consecutive year of declining shelled almond exports. In 2020, exports totaled 1.3 tonnes, reflecting a sharp 25.3% drop from 2019. From 2017 to 2020, exports plummeted by 96.9%, with a compound annual growth rate of -68.5%.

Annual dynamics of product's exports from Cyprus in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(92.0%)	(47.4%)	(25.3%)	(68.5%)

Source: SHEV.io

From 2017 to 2020, Italy, the Netherlands, and Greece were the top destinations for Cyprus's shelled almond exports by volume. Italy accounted for 40.9% of exports, the Netherlands for 39.0%, and Greece for 19.3%, together making up 99.2% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Cyprus in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Cyprus's shelled almond exports in value terms fell for the third year running. In 2020, exports amounted to 16 thousand US dollars, showing a steep 29.3% decrease compared to 2019. Over the 2017-2020 span, export value dropped by 94.6%, with a compound annual growth rate of -62.2%.

Annual dynamics of product's exports from Cyprus in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(83.4%)	(53.9%)	(29.3%)	(62.2%)

Source: SHEV.io

During 2017-2020, the Netherlands, Greece, and Italy dominated Cyprus's shelled almond exports by value. The Netherlands held a 39.0% share, Greece 32.6%, and Italy 27.3%, collectively representing 98.9% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Cyprus in value, 2017-2020

Source: SHEV.io

Imports shelled almonds to Cyprus

Imports in kind, t

Cyprus's shelled almond imports declined for the second consecutive year. In 2020, import volume was 899.2 tonnes, remaining largely unchanged from 2019. Between 2017 and 2020, imports increased by 12.9%, averaging an annual growth rate of 4.1%. The peak was in 2018 at 983.0 tonnes, which also saw the largest increase of 23.4%. The biggest drop occurred in 2019 with an 8.4% decrease.

Annual dynamics of product's imports to Cyprus in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	23.4%	(8.4%)	(0.1%)	4.1%

Source: SHEV.io

From 2017 to 2020, the United States and Greece were the primary sources for Cyprus's shelled almond imports by volume, together accounting for 86.3% of total imports. The remainder was spread across other markets.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Cyprus in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Cyprus's shelled almond imports in value terms fell for the second year in a row. In 2020, imports totaled 5 925 thousand US dollars, down 4.7% from 2019. Over the 2017-2020 period, import value rose by 8.1%, with a compound annual growth rate of 2.6%. The highest value was in 2018 at 7 058 thousand US dollars, which also recorded the largest increase of 28.8%. The most significant decline was in 2019 at 11.9%.

Annual dynamics of product's imports to Cyprus in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	28.8%	(11.9%)	(4.7%)	2.6%

Source: SHEV.io

Throughout 2017-2020, the United States and Greece accounted for 85.1% of Cyprus's shelled almond imports by value. The remaining share was distributed among other destinations, each contributing smaller amounts.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Cyprus in value, 2017-2020

Source: SHEV.io