Ministry of Finance, Statistical Service



05/11/2010
New Publication: Industrial Statistics, 2009

The Statistical Service announces the publication of the annual report “Industrial Statistics, 2009”. The report provides detailed data on the broad industrial sector, covering manufacturing, mining and quarrying, electricity supply, water supply, sewerage, waste management and remediation activities.

The industrial sector in 2009 registered a negative growth rate in real terms, after the positive growth rates recorded in the two previous years. On the basis of provisional estimates, this rate (as measured in terms of value added at constant market prices of 2005 by the chain linking method) for the whole of the sector recorded a decrease of 4,6% in 2009, compared to an increase of 3,7% in 2008 and 2,6% in 2007.

The major developments during 2009 were:

Manufacturing

In manufacturing, which constitutes the largest part of the industrial sector, gross output at current market prices reached €3.328,8 million in 2009 compared to €3.669,1 million in 2008, registering a decrease of 9,3%. Value added recorded a decrease of 8,1% to €1.148,9 million compared to €1.249,8 million in 2008. Employment decreased to 35,4 thousand compared to 36,2 thousand in 2008. Expenditure on fixed assets amounted to €230,5 million in 2009 compared to €250,3 million in 2008, recording a decrease of 7,9%. Machinery and equipment accounted for 62,9% of the total investment, construction work for 27,7% and transport equipment for the remaining 9,4%.

Mining and Quarrying

In mining and quarrying, gross output at current market prices reached €83,9 million in 2009, registering a decrease of 21,2% compared to 2008, while value added also decreased by 21,1% to €51,7 million. Employment reached 601 persons, registering a decrease of 4,9%, while expenditure on fixed assets increased to €15,4 million compared to €11,9 million in 2008.

Electricity Supply

In the activity of electricity supply, the gross output at current market prices recorded a decrease of 14,2% in 2009, reaching €650,0 million. On the contrary, value added rose to €277,0 million, registering an increase of 9,2%. Employment is estimated to have increased by 3,2% to 1.473 persons, while expenditure on fixed assets increased significantly (by 67,5%), reaching €266,2 million compared to €158,9 million in 2008.

Sales of electricity rose by 2,2% and reached 4.655,7 million kWh in 2009 from 4.555,8 million kWh in 2008.

Water Supply, Sewerage, Waste Management and Remediation Activities

In this part of the industrial sector, the gross output at current market prices rose to €258,7 million in 2009, registering an increase of 3,3%. Value added also increased by 6,0% and reached €118,2 million. Expenditure on fixed assets decreased to €109,7 million from €133,5 million in 2008, while employment increased by 3,4% to 1.247 persons.

Consumption of water in the urban regions is provisionally estimated to have increased by 1,8% to 30,8 million tonnes, compared to 30,2 million tonnes in 2008.

Exports of Industrial Products

Exports of domestically produced industrial products reached €393,9 million in 2009 compared to €426,3 million in 2008, recording a decrease of 7,6%. The most important categories of industrial products exported by order of importance were pharmaceutical products, food and beverages, electronics, recycled products, machinery and equipment, basic metals and chemical products.

The largest increases compared to 2008 were recorded in the exports of dairy products, tobacco products, cement and machinery, while the largest decreases were recorded in the exports of basic metals, sporting boats, recycled products and pharmaceutical products.

An electronic version of the report can be downloaded free of charge from the website of the Statistical Service. Within the coming days, the paper publication will also be made available for sale from the Government Printing Office in Nicosia at the price of €13,50 per copy.



STATISTICAL SUBTHEME

INDUSTRY











The Website is best viewed with screen resolution: 1024 with 768 pixels


Please click here to print this document.
Print