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19-05-2023 15:08

Turnover Value Index of Transport and Storage: 1st quarter 2023


Annual Change +29,1%


The Turnover Value Index of Transport and Storage for the first quarter of 2023 reached 126,7 units (base year 2015=100), recording an increase of 29,1% compared to the corresponding quarter of 2022.

By economic activity, increases relative to the first quarter of the previous year were observed in air transport by 387,9%, in land transport by 22,7%, in water transport by 19,4%, in warehousing and support activities for transportation by 18,6% and in postal and courier activities by 12,1%.

 

Note: The graph does not include NACE division 51.


Table

Code NACE Rev. 2

Economic Activity

Turnover Value Index (2015=100)

Percentage Change (%)

 
 

Jan-Mar 2023

Jan-Mar 2022

Jan-Mar 2023/2022

 

Η

Transport and Storage

126,7

98,1

29,1

 

49

Land transport and transport via pipelines

113,4

92,4

22,7

 

50

Water transport

70,3

58,9

19,4

 

51

Air transport

8.925,0

1.829,2

387,9

 

52

Warehousing and support activities for transportation

113,8

95,9

18,6

 

53

Postal and courier activities

128,1

114,2

12,1

 

 

Methodological information

Definitions

The Turnover Value Index of Transport and Storage reflects the short-term developments related to the turnover of the enterprises operating in the divisions of land transport and transport via pipelines, water transport, air transport, warehousing and support activities for transportation and postal and courier activities.


Collection of data

The survey is carried out on a sample basis and concerns enterprises that are classified under the divisions mentioned above. The data collection is performed by telephone, fax or e-mail. The data are collected on a quarterly basis.


Compilation method

The turnover index is produced for the five divisions of the Statistical Classification of Economic Activities (NACE Rev. 2) that constitute the sector of Transport and Storage. The base year for the index is 2015, meaning that it shows the changes in turnover of the reference period in relation with the average turnover of the year 2015. For the base year, the average of the quarterly indices is 100.

The weights used are derived from the total sales of the enterprises in the base year (2015) and reflect the turnover of each division in relation to the total turnover of the sector.

The compilation of the Turnover Value Index of Transport and Storage follows the provisions of Regulation (EU) 2019/2152 on European business statistics.

 

For more information:

CYSTAT Portal, subtheme Services

CYSTAT-DB (Online Database)

Predefined Tables (Excel)

The Predefined Tables, available in Excel format, include data up to the fourth quarter of 2022. Data from the first quarter of 2023 onwards are available only in the CYSTAT-DB Online Database.


Contact
:
Andrie Milidoni 
Tel: +357 22 602240 
Email: amilidoni@cystat.mof.gov.cy

 

(MV/SCH)