The Cyprus Industrial Turnover Index rose in November 2025, indicating stronger activity across various industrial sectors and confirming ongoing expansion in manufacturing and quarrying.
- The Cyprus Industrial Turnover Index rose in November 2025, indicating stronger activity across various industrial sectors and confirming ongoing expansion in manufacturing and quarrying.
- Throughout the period from January to November 2025, the Industrial Turnover Index experienced a 5.1 per cent rise compared to the same timeframe in the previous year.
- Wood and cork products demonstrated robust growth, reaching 172.0 units, with an annual increase of 10.5 per cent and a cumulative rise of 17.2 per cent.
- Paper products and printing stood at 111.5 units, showing a modest year-on-year increase of 1.5 per cent but experiencing a 4 per cent decline cumulatively.
- Refined petroleum products, chemicals, and pharmaceuticals reached 145.1 units, reflecting a 3.3 per cent annual rise and a cumulative increase of 1.9 per cent.
According to the statistical service, Cystat, the index climbed to 138.6 units in November 2025, using 2021 as the base year with a value of 100. This marks a significant annual increase of 10 per cent compared to November 2024.
Throughout the period from January to November 2025, the Industrial Turnover Index experienced a 5.1 per cent rise compared to the same timeframe in the previous year.
Industrial turnover: Manufacturing Sector Drives Growth
In the manufacturing sector, the index reached 139.7 units in November, reflecting an impressive annual increase of 12.2 per cent. This sector has been identified as the primary contributor to the overall growth of the index.
Mining and Quarrying Surge
Mining and quarrying reported the most substantial annual increase, with turnover surging by 45.6 per cent. In contrast, the electricity supply and water supply sectors saw slight declines of 0.5 per cent and 0.3 per cent, respectively.
Sector-Specific Insights
Within manufacturing, the production of food products, beverages, and tobacco reached 121.3 units, marking a 0.1 per cent year-on-year rise and a 3.9 per cent increase over the January to November period.
Textiles, apparel, and leather products climbed to 141.5 units, showing an annual growth of 7.2 per cent, although cumulative turnover declined by 1.8 per cent during the first eleven months of the year.
Wood and cork products demonstrated robust growth, reaching 172.0 units, with an annual increase of 10.5 per cent and a cumulative rise of 17.2 per cent.
Paper products and printing stood at 111.5 units, showing a modest year-on-year increase of 1.5 per cent but experiencing a 4 per cent decline cumulatively.
Refined petroleum products, chemicals, and pharmaceuticals reached 145.1 units, reflecting a 3.3 per cent annual rise and a cumulative increase of 1.9 per cent.
Rubber and plastic products climbed to 130.7 units, noting an annual growth of 5.5 per cent and cumulative growth of 7.2 per cent.
Other non-metallic mineral products saw a sharp increase to 151.1 units, with an annual turnover surge of 86.8 per cent and a 16.7 per cent cumulative rise.
Basic metals and fabricated metal products reached 179.3 units, showing a strong annual increase of 23.3 per cent and a 19.1 per cent rise over the January to November period.
Mixed Results in Other Categories
Electronic and optical products, along with electrical equipment, recorded an index of 118.4 units, which represents a 10.2 per cent annual decline but a notable cumulative rise of 16.6 per cent.
Machinery, motor vehicles, and transport equipment saw a decrease to 135.5 units, with a 13.3 per cent annual drop, while cumulative turnover remained stable.
Furniture manufacturing and the repair and installation of machinery and equipment reached 156.0 units, reflecting a yearly increase of 21.8 per cent and an 11.7 per cent cumulative growth.
Electricity and Water Supply Trends
The electricity supply sector recorded an index of 127.1 units, indicating a cumulative decline of 7.9 per cent over the first eleven months of 2025.
Water supply and materials recovery stood at 146.0 units, decreasing 0.8 per cent cumulatively, with limited changes noted monthly.
Within the water supply category, water collection, treatment, and supply reached 168.6 units, showing a 2.1 per cent annual decline and a 1.4 per cent cumulative decrease, while materials recovery recorded 120.5 units, reflecting a 2.9 per cent annual rise and a 0.3 per cent cumulative increase.
Local and Export Market Performance
The general industrial index indicates that turnover in the local market rose to 142.1 units, showcasing an annual growth of 12.7 per cent and cumulative growth of 5.2 per cent.
Conversely, the export market index stood at 120.1 units, showing a 4.1 per cent annual decline but a cumulative increase of 4.3 per cent.
Cystat reports that the Industrial Turnover Index is a key metric reflecting monthly turnover changes across various sectors, providing valuable insights into the health of Cyprus’ industrial landscape.
