The turnover index for transport and storage in Cyprus increased by 1.6 per cent in 2024 compared to the previous year, according to a report released this week by the Cyprus Statistical Service.

In the fourth quarter of 2024, the index reached 142.4 points, based on the 2021 benchmark, marking a 2.2 per cent rise compared to the same period in 2023.

The sector experienced growth across various modes of transport and logistics services, reflecting increased activity in key areas.

Maritime transport saw the most significant increase, with a rise of 38.6 per cent compared to the fourth quarter of the previous year.

What is more, air transport also recorded substantial growth, up by 22.5 per cent.

Postal and courier services experienced a 10.8 per cent increase, while land transport rose by 7.1 per cent.

Storage and transport-related support services registered a modest 0.4 per cent growth.