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Cyprus Airports Set Record Passenger Traffic In 2024

by THEFUTURE.TEAM

Passenger traffic at Cyprus’ Larnaca and Paphos airports reached an all-time high in 2024, according to the Ministry of Transport, Communications, and Works. The record-breaking year marked a milestone in the island’s aviation history, highlighting Cyprus as a robust hub for tourism and business travel.

Key markets driving this achievement included the United Kingdom, Greece, Israel, Poland, and Germany, collectively accounting for 64% of the 7.8 million passengers who travelled through the airports. Among the top destinations were London and Athens, each attracting around 1.4 million passengers, followed by Tel Aviv with approximately 1 million travelers, and Thessaloniki, Manchester, and Vienna.

In a press release, the Ministry highlighted that passenger traffic for January through December 2024 surpassed all previous records, with a 5.6% growth compared to 2023 and a 9.1% increase over pre-pandemic levels in 2019. These figures underscore the sector’s remarkable recovery and Cyprus’ rising appeal as a destination.

“Despite economic pressures and geopolitical uncertainties, Cyprus has demonstrated resilience in tourism,” the Ministry stated. Travel patterns showed an encouraging trend, with demand extending beyond the traditional summer months. Passenger numbers for January to March and September to December rose by over 7% compared to the previous year.

The busiest travel months, May to October, accounted for 67% of total traffic, with 8.2 million passengers passing through the airports. August set the record as the busiest month, with Larnaca Airport seeing its peak daily traffic—21,189 passengers—on August 26. March stood out as the fastest-growing month, with a 12% year-on-year increase in passenger numbers.

December also closed the year on a high note, with 654,760 passengers passing through Larnaca and Paphos airports—a 10.5% rise compared to December 2023. While Larnaca saw a 15.06% increase, Paphos experienced a slight decline of 0.74%. Christmas Day marked the quietest moment of the year, with just 341 passengers at Paphos Airport.

Aircraft traffic mirrored the growth trend, with 5,732 flights recorded in December—a 4.12% increase over 2023.

The Ministry credited its success to incentive schemes introduced in 2012 in partnership with Hermes Airports. Backed by €240 million in targeted investments, these initiatives have opened new markets, boosted connectivity, and enhanced Cyprus’ competitive edge in the civil aviation sector.

Transport Minister Alexis Vafeades reaffirmed the government’s commitment to further strengthening the industry. “We will continue promoting initiatives that enhance resilience and improve connectivity, ensuring Cyprus remains a top choice for travelers worldwide,” he said.

This record-breaking year for Cyprus’ airports underscores the island’s enduring appeal and the effectiveness of long-term strategic investments in aviation and tourism.

EU Farm Output Prices Decline For The First Time In Nine Months

by THEFUTURE.TEAM

EU Market Adjustments Signal New Price Trends

Agricultural output prices across the European Union declined in the fourth quarter of 2025, marking a shift after several quarters of increases. Data from Eurostat shows that farm gate prices fell by 1.9% compared with the same period in 2024.

Crisis of Declining Prices In Select Markets

Cyprus recorded one of the more notable decreases in agricultural input costs among EU member states, with prices falling by 2.6% compared with Q4 2024. The reduction eased cost pressures for the local agricultural sector following periods of higher prices earlier in 2025. Across the EU, prices for goods and services consumed in agriculture remained relatively stable. Non-investment inputs such as energy, fertilisers and feedingstuffs showed limited overall changes during the quarter.

Country-Specific Divergence In Price Movements

Eurostat data highlights considerable variation across member states. Fifteen EU countries recorded declines in agricultural output prices. Belgium registered the largest decrease at 12.9%, followed by Lithuania (8.2%) and Germany (6.0%). At the same time, twelve countries reported increases in output prices. Ireland recorded the strongest rise at 6.8%, followed by Slovenia (5.6%) and Malta (4.2%).

Stability In Agricultural Inputs Amid Commodity Shifts

Agricultural input prices also showed mixed developments. Eleven member states recorded declines, including Cyprus (2.6%), Belgium (2.1%) and Sweden (2.0%). Other countries experienced moderate increases, including Lithuania (4.2%), Ireland (3.3%) and Romania (2.5%). Among major agricultural commodities, milk prices declined by 4.1% while cereal prices fell by 8.9% across the EU. In contrast, fertilisers and soil improvers increased by 7.9%, reflecting continued volatility in input markets.

Outlook For EU Agriculture

The latest Eurostat data points to uneven price developments across the EU agricultural sector. While input prices remained broadly stable in many markets, movements in output prices varied significantly between member states. These trends highlight the need for farmers and policymakers to adapt to shifting commodity prices and changing cost structures across the European agricultural market.

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