Earlier Report Observations
The treenuts market in Cyprus experienced notable volume fluctuations between 2018 and 2023. Starting at 3 074 t in 2018, consumption surged to 3 612 t the following year before contracting to 3 276 t in 2020. The market then stabilized around 3 300 t in 2021 and 2022, then jumped to its period peak of 3 670 t in 2023.
These volume shifts closely followed import trends, which varied from 2 597 t to 3 080 t annually and constituted the bulk of supply. Domestic production remained modest, ranging from 500 t to 660 t per year, and had a limited impact on the overall market size.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Cyprus
- 5.1.1. Annual dynamics of production in Cyprus in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Cyprus in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Cyprus
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Cyprus in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Cyprus by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Cyprus in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Cyprus by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Cyprus, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Cyprus by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Cyprus in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Cyprus by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Cyprus in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Cyprus by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Cyprus, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Cyprus by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Cyprus in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Cyprus by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Cyprus in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Cyprus by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Cyprus, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Cyprus by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Cyprus in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Cyprus by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Cyprus in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Cyprus by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Cyprus, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Cyprus by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production treenuts in Cyprus
In kind, 2017-2020, t
Top producers of treenuts, 2017-2020
World map of production of treenuts, 2017-2020
Cyprus's treenuts production has grown for the third consecutive year. In 2020, the country produced 660.0 t of treenuts, marking a 29.4% increase compared to the previous year. Over the period from 2017 to 2020, production rose by 55.7%, with an average annual growth rate of 15.9%.
Annual dynamics of production in Cyprus in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 17.9% | 2.0% | 29.4% | 15.9% |
Exports treenuts from Cyprus
Exports in kind, t
The market showed significant fluctuations during this period. Exports peaked in 2017 and reached their lowest point in 2019, with a 21-fold difference between these years. In 2020, Cyprus exported 29 t of treenuts, representing a sharp rise of 352.9% compared to 2019. The minimum value was recorded in 2019 at 6 t, while the largest decline occurred in 2018, with a drop of 82.5%.
Annual dynamics of product's exports from Cyprus in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (82.5%) | (72.3%) | 352.9% | (39.6%) |
From 2017 to 2020, Greece, Italy, and the Netherlands were the key partners for Cyprus's treenuts exports in kind. Greece accounted for 30.4% of exports, Italy for 14.4%, and the Netherlands for 10.2%. Together, these three countries represented 54.9% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Cyprus in kind, 2017-2020
Exports in value, K $ US
The market exhibited volatility during these years. Exports in value terms peaked in 2017 and hit a trough in 2019, showing a 26-fold fluctuation. In 2020, Cyprus exported treenuts worth 119 K $ US, which is 154.6% higher than the previous year. The minimum value was recorded in 2019 at 47 K $ US, and the largest decline occurred in 2019, with a decrease of 81.3%.
Annual dynamics of product's exports from Cyprus in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (79.2%) | (81.3%) | 154.6% | (53.7%) |
During 2017–2020, Greece, Italy, and the Netherlands continued to be the main buyers of treenuts from Cyprus in value terms. Greece made up 39.4% of exports, Italy 15.9%, and the Netherlands 9.0%. Collectively, these three countries formed 64.4% of total exports in value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Cyprus in value, 2017-2020
Imports treenuts to Cyprus
Imports in kind, t
After a two-year increase, Cyprus's treenuts import volumes declined. In 2020, imports totaled 2 644 t, corresponding to a solid fall of 14.9% from the previous year. Over the period from 2017 to 2020, imports grew by 2.9%, with an average annual growth rate of 1.0%. The maximum value was recorded in 2019 at 3 108 t, and the largest increase occurred in 2019, with a rise of 19.7%.
Annual dynamics of product's imports to Cyprus in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 1.1% | 19.7% | (14.9%) | 1.0% |
From 2017 to 2020, Greece, the United States, and China were the principal sources for Cyprus's treenuts imports in kind. Greece accounted for 41.0% of imports, the United States for 24.9%, and China for 5.1%. Together, these three countries represented 71.0% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Cyprus in kind, 2017-2020
Imports in value, K $ US
Following a two-year advance, Cyprus's treenuts import volumes in value terms declined. In 2020, imports amounted to 15 985 K $ US, reflecting a moderate reduction of 7.9% compared to 2019. The maximum value was recorded in 2019 at 17 356 K $ US, and the largest increase occurred in 2019, with a growth of 3.8%.
Annual dynamics of product's imports to Cyprus in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.2% | 3.8% | (7.9%) | (0.5%) |
In 2017–2020, Greece, the United States, and Germany consistently remained the main destinations for Cyprus's treenuts imports in value terms. Greece accounted for 40.9% of imports, the United States for 28.5%, and Germany for 5.7%. Together, these three countries made up 75.1% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Cyprus in value, 2017-2020
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