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Cyprus–Australia Food Trade Faces Emergency Restrictions Amid FMD Outbreak

Emergency Measures Disrupt Bilateral Trade

The longstanding commercial relationship between Cyprus and Australia in the food sector is under severe strain following an official decision by the Australian Department of Agriculture, Fisheries and Forestry. This decisive action removes Cyprus from the list of countries free of Foot-and-Mouth Disease (FMD), effectively triggering new trade restrictions.

Strict Protocols and Immediate Impact

Announced on December 19, 2025, the restrictions arose amid confirmed reports of an outbreak on occupied territories. In response, Australia has implemented stringent biosecurity measures retroactive to November 8, 2025. These measures affect dozens of importers and producers, underscoring Australia’s uncompromising stance on animal health and safety.

Expert Assessment and On-Site Interventions

A specialized team from the EU Veterinary Emergency Team has been deployed to the island since Friday evening. This four-member team from the European Commission was mobilized urgently at the request of the Republic’s Veterinary Services to assess the situation within the occupied regions. Their intervention reflects the high stakes of international food safety and compliance in global trade.

Detailed Product Restrictions

The sweeping measures, as outlined in Official Circular 417-2025, target a wide range of food products:

  • Halloumi: Imports of halloumi that have not matured for at least 30 days or that do not meet specific acidity standards (pH 6 and below) are prohibited.
  • Dairy Products: All dairy products produced or exported from Cyprus are subject to strict controls.
  • Meat and Animal By-Products: There is a complete ban on products derived from cattle, sheep, pigs, and deer. This also includes personal dairy imports by travelers and postal shipments, as well as sheep intestines used for sausages.
  • Genetic Material and Veterinary Products: Imports of reproductive materials and veterinary therapeutics have been suspended.
  • Pet Food: Pet foods containing or derived from bovine, porcine, ovine, deer, or camel sources from Cyprus are now restricted.
  • Laboratory Animal Fluids: Laboratory products containing fluids and tissues from deer and camelids—including testing kits, culturing mediums, and environmental samples—are also affected.

Handling In-Transit Shipments

Australian authorities have clarified that shipments already in transit will be managed on a case-by-case basis:

  • Pre-November 8 Shipments: Goods demonstrably produced before this date may be released following a thorough inspection.
  • Post-November 8 Shipments: Products manufactured or harvested after the critical date will be barred from entry and will face either re-exportation or destruction.
  • Notable Exceptions: The ban does not affect solid chocolate, aged cheeses (subject to meeting certain conditions), or products containing less than 10% dairy components.

Economic Implications for Cypriot Exports

Among the most adversely affected is Cyprus’s export sector. For instance, Cyprus annually exports around 2,000 tonnes of halloumi, valued at approximately €15 million according to data from the Cyprus Statistical Service. The introduction of these restrictions is expected to exert a significant economic impact, compelling the industry to navigate a complex landscape of regulatory compliance and market uncertainty.

As global trade increasingly scrutinizes biosecurity measures, stakeholders in both Cyprus and Australia must prepare for a challenging period ahead, defined by rigorous controls and the urgent need for contingency strategies.

Cyprus Residential Market Surpasses €2.5 Billion In 2025 With Apartments Leading the Way

Market Overview

In 2025, Cyprus’ newly built residential property market achieved a remarkable milestone, exceeding €2.5 billion. Data from Landbank Analytics indicates robust activity countrywide, with newly filed contracts reaching 7,819, including off-plan developments. This solid performance underscores the market’s resilience and dynamism across all districts.

Transaction Breakdown

The apartment sector clearly dominated the market, constituting 81.6% of transactions with 6,382 deals valued at €1.77 billion. In contrast, house sales represented a smaller segment, encompassing 1,437 transactions and generating €737.9 million. The record-high transaction was noted in Limassol, where an apartment sold for approximately €15.2 million, while the priciest house fetched roughly €6.2 million.

Regional Analysis

Nicosia: The capital recorded steady domestic demand with 2,171 new residential transactions. Apartments accounted for 1,836 deals generating €349.6 million, compared to 335 house transactions worth €105.5 million, anchoring Nicosia as a core market with average values of €190,000 for apartments and €315,000 for houses.

Limassol: As the island’s principal investment center, Limassol led overall activity with 2,207 transactions. Apartments dominated with 1,936 sales generating €824.1 million, while 271 house transactions added €157.9 million. The district enjoyed premium pricing, with apartments averaging over €425,000 and houses around €583,000.

Larnaca: This district maintained robust activity with a total of 2,020 transactions. The apartment segment realized 1,770 transactions worth €353 million, and houses contributed 250 deals valued at €96.3 million. Average prices hovered near €200,000 for apartments and €385,000 for houses, positioning Larnaca within the mid-market bracket.

Paphos: With a more balanced mix, Paphos completed 1,078 transactions. Ranking second in overall value at €503.2 million, the district saw house sales generate €287.8 million and apartments €215.4 million. Consequently, Paphos achieved the highest average house price at approximately €710,000 and an apartment average of €320,000, emphasizing its premium housing profile.

Famagusta: Distinguished by lower transaction volumes, Famagusta was the sole district where house sales outnumbered apartment deals. Out of 343 transactions, 176 involved houses (yielding €90.4 million) and 167 were apartments (at €32.4 million). The segment’s average prices were about €194,000 for apartments and over €513,000 for houses, signaling its focus on holiday residences and coastal developments.

Sector Insights and Forward View

Commenting on the report, Landbank Group CEO Andreas Christophorides remarked that the analysis demonstrates an ecosystem where apartments are the cornerstone of the real estate market. He emphasized, “The apartment sector is not merely a trend; it is the engine powering the country’s real estate market.” Christophorides also highlighted the diverse regional dynamics: Limassol leads in apartment pricing, Paphos commands premium house prices, Nicosia remains pivotal to domestic demand, Larnaca sustains competitive activity, and Famagusta caters to holiday home buyers.

In a market characterized by these varied profiles, informed monitoring of regional and sector-specific dynamics is crucial for investors aiming to make targeted and strategic decisions.

Uol
The Future Forbes Realty Global Properties
Aretilaw firm
eCredo

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