Manufacturing is at the forefront of growth in Cyprus’ industrial output, with the Industrial Production Index rising to 116.4 units in October 2025, based on 2021 set at 100 units. This marks a significant increase of 3.5 per cent compared to October 2024.
The Statistical Service (Cystat) reported that from January to October 2025, the index showed a year-on-year increase of 3.1 per cent. Such growth highlights the resilience of the manufacturing sector amid fluctuating economic conditions.
Manufacturing: Sector Performance Highlights
Breaking down the figures, manufacturing activity saw a robust growth of 4.3 per cent compared to the previous year. This sector’s strength was primarily driven by notable gains in basic metals and fabricated metal products, which expanded by an impressive 13.8 per cent. Additionally, wood and products of wood and cork, excluding furniture, increased by 9.9 per cent.
Other sectors within manufacturing also showed positive trends; rubber and plastic products rose by 8 per cent, while furniture, other manufacturing, and repair and installation of machinery and equipment advanced by 7.4 per cent. These figures reflect a diversified growth pattern across various manufacturing categories.
Declines in Other Areas
However, not all sectors experienced growth. The textiles, wearing apparel, and leather products category faced a decline of 6.5 per cent, while paper and paper products and printing decreased by 5.1 per cent. Such downturns indicate areas where the industry is struggling and highlight potential challenges ahead.
Year-to-Date Trends
Examining the broader landscape from January to October 2025, the strongest increases were again seen in basic metals and fabricated metal products, which rose by 8.7 per cent. Other non-metallic mineral products followed closely with an 8.5 per cent increase. Wood and products of wood and cork also saw significant gains of 8.4 per cent, alongside water collection, treatment, and supply, which advanced by 7.2 per cent.
Conversely, the steepest declines during this period were observed in paper and paper products and printing, which plummeted by 11.2 per cent. Textiles, wearing apparel, and leather products also faced challenges, declining by 6.4 per cent year-on-year. These contrasting trends illustrate the varying fortunes of different sectors within Cyprus’ industrial landscape.
