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Nearly 17% of Cypriots Struggled To Heat Their Homes In 2023

by THEFUTURE.TEAM

January 24, 2025

According to the latest data from Eurostat, the European Union’s statistical agency, 16.9% of Cypriots were unable to adequately warm their homes in 2023, significantly higher than the EU average of 10.6%.

While the percentage marks an improvement for Cyprus—down 2.3 percentage points from 19.2% in 2022—it contrasts with a rising trend across the EU, where the average increased by 1.3 percentage points from 9.3% the previous year.

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Spain and Portugal topped the list of countries with the highest proportion of residents struggling to heat their homes, both at 20.8%, closely followed by Bulgaria (20.7%), Lithuania (20.0%), and Greece (19.2%).

On the other end of the spectrum, Luxembourg reported the lowest share of residents facing this issue at just 2.1%, with Finland (2.6%), Slovenia (3.6%), Austria (3.9%), and Estonia (4.1%) also ranking among the least affected nations.

Despite overall economic recovery efforts, the data highlights the persistent challenge of energy affordability in some parts of Europe, particularly in Southern and Eastern regions.

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Cyprus Beer Exports Slide 24.2% In June 2025 Amid Market Shifts

by THEFUTURE.TEAM

July 9, 2025

Industry Overview And Key Figures

Data from the Statistical Service, Cyprus (Cystat), reveals a significant decline in beer exports from local factories in June 2025. Exports dropped to 245,087 litres, representing a 24.2% decrease from 323,278 litres recorded in June 2024. In contrast, domestic consumption experienced a modest increase of 1.5%, reaching 4,601,840 litres. These trends contributed to an overall slight contraction in total beer deliveries, which fell by 0.2% year on year to 4,846,927 litres.

Comparative Analysis With The Previous Month

May 2025 presented a markedly different scenario. During that month, beer exports surged by 83.9% to 381,641 litres, while domestic consumption fell by 8% to 4,115,967 litres. The net effect was a 4% year-over-year decrease in total deliveries, with figures amounting to 4,497,608 litres in May 2025. This stark contrast underscores a volatile market dynamic that warrants close attention from industry stakeholders.

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Market Implications And Future Outlook

The data highlights a shift in market trends, with significant fluctuations in export performance juxtaposed against stable domestic consumption. Such variance suggests that external market conditions or changes in export strategies might be influencing factors. For investors and industry analysts, this divergence provides critical insights into the evolving landscape of Cyprus’ beer production and distribution sectors.