Cyprus: manufacture of machinery production value 2021

The production value of the machinery and equipment manufacturing industry in Cyprus increased by 4.7 million euros (+7.95 percent) since the previous year. In total, the production value amounted to 63.81 million euros in 2021.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Find more statistics on the machinery and equipment manufacturing industry in Cyprus with key insights such as turnover and personnel costs.

Production value of the manufacture of machinery and equipment n.e.c. industry in Cyprus from 2012 to 2021 (in million euros)

Characteristic	Annual production value in million euros
2021	63.81
2020	59.1
2019	67
2018	59.9
2017	55.1
2016	54.3
2015	49.7
2014	41
2013	42.6
2012	58.5

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Release date

March 2024

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Region

Cyprus

Survey time period

2012 to 2021

Supplementary notes

The source adds the following information:Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to code C28 of CE Rev2.

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