Market research

Yoghurt market in Cyprus

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2021, the yoghurt market in Cyprus grew steadily, with total volume increasing from 14 328 t to 15 804 t. This expansion was supported by rising domestic production, which climbed from 11 400 t to 12 850 t over the same period, while imports gradually declined from 2 941 t to 2 956 t. The market's growth was primarily driven by this strengthening of local output.

A significant shift occurred in 2022 when imports fell to zero, leading to a contraction in total market size to 12 920 t despite stable production. The market adjusted in 2023, with production rising to 13 980 t, which restored the total market volume to 13 980 t, fully supplied by domestic manufacturers and marking a new phase of self-sufficiency.

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. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Cyprus in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Cyprus by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Cyprus in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Cyprus by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Cyprus, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Cyprus by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Cyprus in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Cyprus by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Cyprus in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Cyprus by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Cyprus, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Cyprus by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Cyprus in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Cyprus by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Cyprus in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Cyprus by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Cyprus, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Cyprus by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Cyprus in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Cyprus by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Cyprus in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Cyprus by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Cyprus, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Cyprus by countries, 2018-2024, $ US/t
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 yoghurt in Cyprus

In kind, 2017-2020, t

From 2017 to 2020, Cyprus ranked 30th globally in yogurt production.

Top producers of yoghurt, 2017-2020

Source: SHEV.io

World map of production of yoghurt, 2017-2020

Source: SHEV.io

Yogurt production in Cyprus grew for the third year in a row. In 2020, the country produced 13,040 tons of yogurt, marking a modest increase of 9.9% from the previous year. Between 2017 and 2020, production rose by 18.4%, which translates to an annualized growth rate of 5.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.5%	4.0%	9.9%	5.8%

Source: SHEV.io

In value, 2017-2020, K $ US

In 2020, the value of yogurt output in Cyprus was $32,661,000, showing a significant decline of 10.4% from the year before. Over the period from 2017 to 2020, production value increased by 10.7%, with an annualized rate of 3.4%. The lowest value was recorded in 2018 at $28,652,000, while the highest was in 2019 at $36,441,000. The largest increase occurred in 2019, with a jump of 27.2%.

Annual dynamics of production in Cyprus in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.9%)	27.2%	(10.4%)	3.4%

Source: SHEV.io

Exports yoghurt from Cyprus

Exports in kind, t

Following two years of growth, Cyprus's yogurt export volume fell. In 2020, exports reached 7 tons, a decrease of 56.9% compared to the previous year. From 2017 to 2020, exports dropped by 20.9%, with a compound annual growth rate of -7.5%. The peak was in 2019 at 15 tons, and the largest increase was in 2018, at 60.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	60.6%	14.2%	(56.9%)	(7.5%)

Source: SHEV.io

Between 2017 and 2020, Greece was the top buyer of yogurt from Cyprus, accounting for 82.9% of total exports in volume, while the remainder was distributed among various other countries.

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

After two years of growth, yogurt exports from Cyprus declined. In 2020, Cyprus exported $16,000 worth of yogurt, a sharp drop of 64.8% from 2019. From 2017 to 2020, exports decreased by 26.1%, with a compound annual growth rate of -9.6%. The highest value was recorded in 2019 at $47,000, and the largest increase was in 2018, at 50.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	50.6%	39.6%	(64.8%)	(9.6%)

Source: SHEV.io

From 2017 to 2020, Greece and the United States were the primary markets for Cyprus's yogurt exports in value terms, together making up 93.3% of total flows, with other destinations holding smaller shares.

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 yoghurt to Cyprus

Imports in kind, t

Cyprus's yogurt import volume fell for the second consecutive year. In 2020, the country imported 1,927 tons of yogurt, a substantial decline of 24.0% from the previous year. Over the period from 2017 to 2020, imports decreased by 31.7%, with a compound annual growth rate of -11.9%. The maximum volume was in 2018 at 2,941 tons, and the largest increase was also in 2018, at 4.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	4.3%	(13.8%)	(24.0%)	(11.9%)

Source: SHEV.io

Throughout 2017 to 2020, Greece and Germany were the key sources for Cyprus's yogurt imports in volume, together representing 85.5% of total flows, with other partners accounting for the rest.

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 yogurt import value declined for the third year in a row. In 2020, imports amounted to $4,270,000, which is 19.2% lower than the previous year. Between 2017 and 2020, imports fell by 35%, equating to an annualized decrease of 13.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.8%)	(18.8%)	(19.2%)	(13.4%)

Source: SHEV.io

From 2017 to 2020, Greece accounted for 77.1% of the total value of yogurt imports to Cyprus, with the remaining share spread across a variety of smaller markets.

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