Cyprus experienced a 3.0% year-on-year increase in industrial production for April 2025, according to newly published data by the Cyprus Statistical Service (CyStat). The Industrial Production Index reached 110.3 points (with 2021 as the base year), continuing a steady upward trend observed since the beginning of the year.
For the first four months of 2025, overall industrial activity rose by 3.8% compared to the same period in 2024, highlighting continued resilience across key sectors of the economy.
Sector performance varied, with notable gains in manufacturing and water supply. The manufacturing sector expanded by 3.1% in April, while water supply and material recovery surged by 12.6%. Conversely, the mining and quarrying sector experienced a notable drop of 8.4%, and electricity supply remained unchanged compared to April of last year.
Within manufacturing, several categories stood out for their strong performance. The production of electronic and optical products, along with electrical equipment, climbed by 13.7%. Other substantial gains were seen in the manufacturing of non-metallic mineral products (+11.1%), rubber and plastics (+8.0%), and wood-related products excluding furniture (+6.3%).
However, not all manufacturing segments fared equally well. The production of paper products and printing recorded a sharp annual decline of 18.2%, while refined petroleum, chemicals, and pharmaceutical output dropped by 5.3%. Textile, clothing, and leather production also fell by 4.2%.
Looking at cumulative performance from January to April 2025, the strongest growth came from electronic and optical products (+14.7%), water supply (+10.6%), and non-metallic mineral products (+10.2%). Meanwhile, paper-related manufacturing, textiles and apparel, and chemicals/pharmaceuticals saw marginal contractions over the same period.
These figures not only reflect sector-specific dynamics but also underline how industrial production remains a vital component of Cyprus’ broader economic landscape, with implications for both manufacturing investment and the construction materials pipeline feeding into real estate development.
Source: Stockwatch.com.cy