Opens in a new tab

Breaking news

Maritime Travel In The EU: Cyprus Passenger Traffic Falls Amid Uneven Recovery

Overview Of Maritime Passenger Trends

Recent Eurostat data indicate that Cyprus handled just 9,000 maritime passengers in 2024, one of the lowest figures in the European Union. This contrasts sharply with pre‐pandemic levels, when Cyprus saw more robust traffic, reaching 53,000 passengers in 2019. The fluctuations—with a notable dip to 5,000 during the height of the COVID crisis in 2020—illustrate the sector’s gradual, although uneven, recovery.

EU Recovery And Comparative Analysis

Across the EU, maritime travel is rebounding with 412.3 million passengers recorded in 2024, marking a 4.8 percent increase of 18.8 million passengers compared to 2023. However, when benchmarked against 2019, passenger numbers remain 1.4 percent lower, emphasizing persistent challenges in the recovery process. Further detail, as explained in Eurostat’s comprehensive article on maritime passenger statistics, underscores the importance of monitoring these trends.

Country And Port Performance

A closer analysis reveals that ten EU countries, each with over ten million passengers, cumulatively accounted for 95.4 percent of all seaborne transport. Italian ports led the region by processing 93.5 million passengers, thereby commanding 22.7 percent of the EU’s total, followed by Greek ports at 81.1 million passengers (19.7 percent) and Denmark with 41.3 million passengers (10 percent).

Between 2019 and 2024, several nations recorded gains in passenger numbers—Greece saw an increase of 7.1 million (9.7 percent), Italy added 7 million (8 percent), and Malta experienced a substantial surge of 14.9 percent with 2 million additional passengers. Conversely, countries such as Sweden (an 18.7 percent drop), Finland (a 25.1 percent decline), and Germany (a 9.8 percent decrease) registered significant downturns.

Key Port Hubs And Future Outlook

The analysis of individual ports shows that the ten busiest EU passenger hubs handled 22.1 percent of the bloc’s total traffic, with seven of these ports located in the Mediterranean region. Notably, Messina emerged as the busiest EU passenger port in 2024 with 11.4 million passengers, followed closely by Reggio di Calabria (11.2 million) and Napoli (11 million), the latter posting the largest year-on-year increase of 18.5 percent (or 1.7 million more passengers). In contrast, Helsinki reported the steepest decline, with a 19.7 percent drop amounting to 2.3 million fewer passengers.

This diverse performance across regions underscores both the resilience and the vulnerability of EU maritime transport. As the sector continues to navigate post-pandemic disruptions, stakeholders will need to balance efforts to stimulate growth against the backdrop of evolving travel demands and economic pressures.

Nearly 80% Of Cyprus’ Foreign Investment Came From Outside EU In 2025

Cyprus had the highest share of foreign direct investment (FDI) originating outside the European Union among 14 EU member states reporting data for 2025. According to Eurostat, non-EU economies accounted for 79.4% of the island’s inward FDI, highlighting its distinct position among the reporting countries.

The figures contrast with most other EU economies, where investment from within the bloc remains the main source of foreign capital.

Cyprus Leads In Non-EU Investment Share

Eurostat measures inward FDI positions by the ultimate investing economy, identifying the economy where the investment ultimately originates rather than only the country through which it is channelled. This distinction is important when investments involve subsidiaries or intermediary holding companies.

In nine of the 14 reporting countries, most foreign investment came from within the EU. The Czech Republic recorded the highest intra-EU share, at 75.1%, followed by Romania at 73.3% and Estonia at 64.8%.

Cyprus was among five countries where non-EU economies accounted for more than half of inward FDI. Spain, Sweden, Greece and Denmark also recorded shares above 50%, ranging from 51% to 55.1%.

US Is The Largest Source Of FDI Across Reporting Countries

Across the 14 countries collectively, the United States was the largest ultimate source of foreign direct investment, accounting for 15.4% of the total.

Germany ranked second at 11.5%, followed by France at 9.4%, the United Kingdom at 9.3% and Switzerland at 5.8%.

These figures reflect the combined investment positions of the reporting countries and do not identify Cyprus’s leading individual investment sources. However, the country-level data underline the island’s strong reliance on capital originating outside the European Union.

The Future Forbes Realty Global Properties
Uol
eCredo
Aretilaw firm

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter