Cyprus: mining and quarrying sector production value 2021

The production value of the mining and quarrying industry in Cyprus increased by 8.6 million euros (+13.03 percent) in 2021. In total, the production value amounted to 74.6 million euros in 2021. This increase was preceded by a declining production value in this industry.
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 mining and quarrying industry in Cyprus with key insights such as number of enterprises, turnover, personnel costs, and number of employees.

Production value of the mining and quarrying sector in Cyprus from 2012 to 2021 (in million euros)

Characteristic	Production value in million euros
2021	74.6
2020	66
2019	68.4
2018	78.8
2017	77.3
2016	49.8
2015	98.4
2014	84.5
2013	79.4
2012	53.3

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Release date

March 2024

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Region

Cyprus

Survey time period

2012 to 2021

Supplementary notes

Data for the years 2011 to 2013 was not provided by the source.

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 B of CE Rev. 2.

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