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Aquaculture market guide

Aquaculture in Cyprus: suppliers, costs and project planning

FishMatch Group helps commercial buyers in Cyprus source aquaculture equipment and complete farm projects through a private, human-reviewed RFQ process. Key species are seabass, seabream; typical water temperatures are 16–27 °C and industrial electricity costs about USD 0.31 per kWh.

Cyprus exports seabass and seabream from offshore cages; hatchery and cage upgrades are the main investment needs.

Open the Cyprus fish farm cost calculatorRequest a reviewed quote

Key planning facts

Main species
seabass, seabream
Common systems
Cages
Water temperature
16–27 °C
Industrial electricity
USD 0.31 / kWh
Water cost
≈ USD 2.50 / m³
Compound feed
≈ €2 (≈ $2) / kg
VAT / GST on equipment
19%
Currency
EUR (≈ 0.92 / USD)
Licensing authority
Department of Fisheries and Marine Research (DFMR)
Main import ports
Limassol and Larnaca

What to check before requesting quotes in Cyprus

  1. Confirm your water source and year-round temperature (16–27 °C) for seabass.
  2. Budget energy carefully: at about USD 0.31/kWh, pumping and aeration are a major operating cost.
  3. Start permits and environmental licensing early with Department of Fisheries and Marine Research (DFMR).
  4. Plan equipment logistics and lead times through Limassol and Larnaca.
  5. Check water rights or tariffs: municipal water costs about USD 2.50 per m³, so RAS make-up water and pond filling need a secured source.
  6. Budget taxes: standard VAT/GST is 19% on equipment; ask about import duty exemptions for aquaculture.

Electricity: GlobalPetrolPrices business tariffs (2026). Water tariffs and exchange rates are estimates; VAT is the standard national rate.

Frequently asked questions

How much does a fish farm cost in Cyprus?

An indicative 250-tonne-per-year RAS in Cyprus costs roughly €2.4M (≈ $2.6M) – €3.7M (≈ $4M) in equipment and installation, before land and buildings. Ponds and cages usually cost less per tonne. Use the calculator for your species and scale, then request supplier quotes.

Which fish and shrimp are farmed in Cyprus?

Commercial projects in Cyprus mainly focus on seabass, seabream.

Who licenses aquaculture in Cyprus?

Licensing and environmental approval usually involve Department of Fisheries and Marine Research (DFMR). Requirements change, so confirm with the authority before committing capital.

Does FishMatch Group sell equipment?

No. FishMatch Group is an independent, human-reviewed sourcing service. We qualify your project, match it with vetted suppliers and keep supplier details private until an introduction is approved.

More Cyprus questions: see the market FAQ

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