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In 2022, the turnover of the textile manufacturing industry in Cyprus increased by 6.1 million euros (+18.39 percent) since 2021. With 39.3 million euros, the turnover thereby reached its highest value in the observed period.
Turnover is defined by Eurostat as the total of all sales (excluding VAT) of goods and services carried out by the enterprises of a given sector during the reference period.

Find more statistics on the textile manufacturing industry in Cyprus with key insights such as number of enterprises, production value, personnel costs, and number of employees.

Annual turnover of textile manufacturing in Cyprus from 2013 to 2022 (in million euros)

Characteristic	Annual turnover in million euros
2022p	39.3
2021	33.17
2020	27.6
2019	35.1
2018	32.7
2017	28
2016	24.8
2015	21.6
2014	19.7
2013	19.1

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Release date

March 2024

More information

Region

Cyprus

Survey time period

2013 to 2022

Supplementary notes

p: Provisional value.
The source adds the following information: Turnover comprises the totals invoiced by the observation unit during the reference period, and this corresponds to market sales of goods or services supplied to third parties, it includes all duties and taxes on the goods or services invoiced by the unit with the exception of the VAT invoiced by the unit to its customer and other similar deductible taxes directly linked to turnover, it also includes all other charges (transport, packaging, etc.) passed on to the customer. Price reductions, rebates and discounts as well as the value of returned packing must be deducted.
Data coverage corresponds to code C13 of CE Rev 2.

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