Industry Statistics and Rankings
How does this industry perform in Cyprus compared to Europe?
Country Benchmarking
Industry Data Cyprus
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#28 In EuropeBusiness
#25 In EuropeEmployees
#32 In EuropeWages
#27 In EuropeCement, lime and plaster manufacturers have contended with numerous economic headwinds in recent years, including the COVID-19 outbreak, supply chain disruptions and aggressive interest rate hikes from central banks across Europe. These have clobbered construction activity, which is key in determining demand for cement, lime and plaster. To make matters worse, cement, lime and plaster manufacturers were forced to halt operations under COVID-19 lockdown rules, driving a dramatic decline in production output. The measures put in place to curb the virus also hit construction markets, with many projects being delayed or cancelled, further denting demand. Cement, lime and plaster manufacturing revenue is estimated to fall at a compound annual rate of 2.8% over the five years through 2024 to €40.6 billion. Revenue is set to plummet by 3.3% in 2024, although the average industry margin is expected to edge upwards to 5.3% as supply chain disruptions subside, alleviating cost pressures.
Enterprises
Number of businesses in 2024
Biggest companies in the Cement, Lime & Plaster Manufacturing in Cyprus
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Cement, Lime & Plaster Manufacturing in Cyprus industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Cement, Lime & Plaster Manufacturing industry in Cyprus in 2024?
The market size of the Cement, Lime & Plaster Manufacturing industry in Cyprus is €80.5m in 2024.
How many businesses are there in the Cement, Lime & Plaster Manufacturing in Cyprus industry in 2024?
There are 2 businesses in the Cement, Lime & Plaster Manufacturing industry in Cyprus, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Cement, Lime & Plaster Manufacturing industry in Cyprus grown or declined over the past 5 years?
The market size of the Cement, Lime & Plaster Manufacturing industry in Cyprus has been growing at a CAGR of 6.9 % between 2019 and 2024.
What is the forecast growth of the Cement, Lime & Plaster Manufacturing industry in Cyprus over the next 5 years?
Over the next five years, the Cement, Lime & Plaster Manufacturing industry in Cyprus is expected to decline.
What does the Cement, Lime & Plaster Manufacturing in Cyprus include?
Cement and Slaked lime are part of the Cement, Lime & Plaster Manufacturing industry.
How competitive is the Cement, Lime & Plaster Manufacturing industry in Cyprus?
The level of competition is moderate and steady in the Cement, Lime & Plaster Manufacturing industry in Cyprus.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Stone Quarrying in Cyprus
- Concrete, Cement & Plaster Product Manufacturing in Cyprus
- Building Completion & Finishing in Cyprus
Table of Contents
About this industry
Industry definition
Companies in this industry manufacture clinkers and hydraulic cements like Portland and aluminous cement. They also make lime products, calcined dolomite and plaster using natural and synthetic gypsum.
Related Terms
PORTLAND CEMENT SYNTHETIC GYPSUM QUICKLIMEWhat's included in this industry?
CementSlaked limePlasterDolomite and dolomitic limeQuicklimeCompanies
Industry Code
2394 - Manufacture of cement, lime and plaster in Cyprus
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Cement, Lime & Plaster Manufacturing in Cyprus industry?
Outlook
Analysis
What's driving the Cement, Lime & Plaster Manufacturing in Cyprus industry outlook?
Volatility
Analysis
What influences volatility in the Cement, Lime & Plaster Manufacturing in Cyprus industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Cement, Lime & Plaster Manufacturing in Cyprus industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
A slowing construction market hits demand for cement. In response to spiralling inflation, central banks across Europe ramped up interest rates, lifting the cost of borrowing and weighing on construction activity.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Cement, Lime & Plaster Manufacturing in Cyprus industry's products and services performing?
Analysis
What are innovations in the Cement, Lime & Plaster Manufacturing in Cyprus industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Cement, Lime & Plaster Manufacturing in Cyprus industry?
International Trade
Highlights
- Total Imports into Cyprus
- Total Exports into Cyprus
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Larger manufacturers hold a strong position. The industry is dominated by multinational companies that can leverage economies of scale and benefit from improved cost efficiencies.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Cement, Lime & Plaster Manufacturing in Cyprus located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Regulation promotes sustainable manufacturing practices. Cement, lime and plaster manufacturers adhere to a range of regulations that ensure product quality, safety and environmental protection.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Cement, Lime & Plaster Manufacturing in Cyprus industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Inflationary pressures weigh on profitability. Rising costs due to supply chain disruptions since the COVID-19 outbreak have squeezed the average industry margin.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Cement, Lime & Plaster Manufacturing in Cyprus industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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