Breaking news

Cyprus Wholesale Trade Turnover Rises 9.3% In Q4 2025

Overview

Recent figures released by the Cyprus Statistical Service (Cystat) indicate a robust performance in wholesale trade during the fourth quarter of 2025, with a marked increase in turnover. Conversely, activity within the motor vehicles sales and repair sector maintained stability relative to the same period in the previous year.

Quarterly Performance Insight

In the fourth quarter of 2025, the turnover value index for wholesale trade (division 46) increased by 9.3% compared with the fourth quarter of 2024. The turnover value index for motor vehicle sales and repair (division 45) recorded no significant change during the same period.

Annual Trends And Broader Implications

Examining the full year, the annual turnover value index for wholesale trade climbed by 5.9%, reinforcing the momentum observed in the final quarter. Meanwhile, the motor vehicles sector experienced a more modest annual uptick of 3.0%, reflecting steady, moderate growth despite a stagnant performance in Q4.

Business leaders and market analysts may interpret these trends as an indication of sustained expansion in wholesale trade operations, paralleled by a conservative yet steady progression in the automotive service arena. Such insights are essential for stakeholders gauging sector performance and strategic investment opportunities in the Cypriot market.

Conclusion

The latest statistical revelations from Cyprus illustrate a dynamic wholesale trade sector benefiting from a significant quarterly uplift, while the motor vehicles segment maintains stability. As these trends continue to develop, they will undoubtedly influence both policy formulation and strategic business moves in the region.

Cyprus And Greece Outline Joint Tourism Plans For Summer 2026

Strategic Partnership Enhances Tourism Prospects

The Cyprus Tourism Authority (EOT Cyprus) presented proposals for summer 2026 focused on strengthening tourism cooperation between Cyprus and Greece, with joint efforts aimed at attracting visitors from long-haul markets.

Greece: The Top Destination For Cypriot Travelers

At an event on April 28, Athena Spakouri, Director of EOT Cyprus, said Greece is expected to remain the main travel destination for Cypriot residents, with plans extending beyond established locations to include lesser-known regions. This approach reflects a broader effort to diversify travel options while maintaining strong demand between the two countries.

Complementary Destinations, Unified Vision

Building on this, Spakouri noted that Cyprus and Greece offer complementary tourism experiences rather than competing directly. Joint programmes are therefore being positioned to attract visitors from markets such as the United States and China, while tourism activity continues to be assessed in the context of broader geopolitical developments.

Robust Air And Sea Connectivity

Supporting this cooperation, Konstantinos Kollias said around 600,000 Cypriots travelled to Greece in 2025. Frequent flights, short travel times, and ferry connections between Limassol and Piraeus continue to facilitate movement between the two countries and sustain travel flows.

Diverse Tourism Offerings for a New Era

Konstantinos Kollias highlighted that Greece’s tourism portfolio spans from traditional seaside holidays to sectors such as cultural, religious, gastronomic, agritourism, ecotourism, spa, conference, and medical tourism.

This range reflects the expansion of tourism offerings across different segments and travel preferences. In parallel, Joseph Iosif referred to Greece as a “second homeland” for Cypriot travellers, pointing to longstanding cultural and travel links between the two countries.

Innovative Programs And Strengthened Connections

Building on this approach, the EOT strategy includes initiatives focused on gastronomic routes, cultural trails, thematic and religious tourism, as well as curated city breaks in destinations such as Athens and Thessaloniki. These programmes were presented at the event alongside references to historical, cultural, and religious connections between Cyprus and Greece, including remarks from Bishop Gregorios of Mesaoria.

Boosting Air Connectivity And Island Accessibility

At the same time, airlines including Aegean Airlines, Sky Express, and Cyprus Airways outlined plans to expand connections between Cyprus and Greece, with a focus on increasing access to island destinations. The event also brought together stakeholders from the Deputy Ministry of Tourism, Hermes Airports, tour operators, and ACTAA, reflecting coordination across different parts of the tourism sector.

Uol
eCredo
The Future Forbes Realty Global Properties
Aretilaw firm

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter