Cyprus: manufacture of pharmaceutical products turnover 2020

The turnover of the basic pharmaceutical products and pharmaceutical preparations manufacturing industry in Cyprus increased by 61.6 million euros (+21.31 percent) in 2020. With 350.7 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 basic pharmaceutical products and pharmaceutical preparations manufacturing industry in Cyprus with key insights such as production value and personnel costs.

Turnover of the manufacture of basic pharmaceutical products and pharmaceutical preparations in Cyprus from 2011 to 2020 (in million euros)

Characteristic	Annual turnover in million euros
2020	350.7
2019	289.1
2018	252.2
2017	227.7
2016	207.3
2015	205.2
2014	205.3
2013	192.3
2012	163
2011	150.9

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Release date

March 2023

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Region

Cyprus

Survey time period

2011 to 2020

Supplementary notes

The source adds the following information: Turnover 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 to its customer, it also includes all other charges - transport, packaging, etc.
Data coverage corresponds to code C21 of NACE Rev2.

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