Cyprus: manufacture of food products production value 2021

The production value of the food product manufacturing industry in Cyprus increased by 126.8 million euros (+9.17 percent) in 2021. Therefore, the production value in Cyprus reached a peak in 2021 with 1.5 billion euros.
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 food product manufacturing industry in Cyprus with key insights such as number of enterprises, turnover, personnel costs, and number of employees.

Production value of the food products manufacturing sector in Cyprus from 2012 to 2021 (in million euros)

Characteristic	Production value in million euros
2021	1,509.57
2020	1,382.8
2019	1,401.1
2018	1,332.3
2017	1,266.3
2016	1,185.4
2015	1,125
2014	1,122
2013	1,052.5
2012	1,139.6

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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 Section C10 of CE Rev2.

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