Wholesale trade in Cyprus grew by 17.8% in the second quarter

Wholesale trade turnover in Cyprus grew by 17.8% year on year in the second quarter of 2026, while the motor vehicle sales and repair segment declined by 2.5%. The data was published by the Statistical Service of Cyprus (CyStat).

The divergence is also evident in the half-year results: from January to June, wholesale trade increased by 14.6% compared with the same period in 2025, while turnover in motor vehicle sales and repair fell by 3.1%.

Within wholesale trade, the strongest growth was recorded in other specialised wholesale trade, which rose by 45.3% for the quarter and by 32.8% over the six-month period. Wholesale on a fee or contract basis increased by 28.1% for the quarter, but growth over six months was just 0.7%.

Wholesale turnover in household goods grew by 12.6% for the quarter and by 13.7% over the six-month period, while turnover in information and communications equipment rose by 8% and 9.1%, respectively. Other machinery and equipment increased by 1.8%, and non-specialised wholesale trade by 1.7%. Food, beverages and tobacco remained at last year’s level, while agricultural raw materials and live animals fell by 0.6%.

In the motor vehicle segment, the decline was driven by vehicle sales themselves: turnover fell by 6.7% for the quarter and by 8.1% over the six-month period. At the same time, maintenance and repair grew by 5.4%, while sales of spare parts and accessories increased by 2.6%. Motorcycle sales and repair fell by 1.4% for the quarter, but remained up 4% over the six-month period.

The indices are calculated at current prices, with 2021 taken as the base year and assigned a value of 100. CyStat defines turnover as the amounts invoiced by companies for market sales of goods and services, excluding VAT but including other duties and taxes on products.