Petroleum product sales in Cyprus saw a 3.5 per cent increase in October 2024 compared to the same month in 2023, reaching 135,250 tonnes, according to a report released by the Cyprus Statistical Service.
The report showed that fuel station sales drove the growth with an 8.9 per cent rise, totalling 60,113 tonnes.
Other notable increases included a 9.7 per cent rise in aviation fuel supplies, a 30.1 per cent surge in heating oil sales, and growth in diesel (7.7 per cent), petrol (7.2 per cent), and liquefied petroleum gas (3.3 per cent).
Conversely, certain segments experienced declines. Marine fuel supplies dropped significantly by 20.7 per cent, while sales of light and heavy fuel oil decreased by 17.2 per cent and 6.5 per cent, respectively.
Kerosene and asphalt sales, meanwhile, also fell, by 5.7 per cent and 3.7 per cent.
When compared to September 2024, total petroleum sales rose by 3.9 per cent.
This included a 7.1 per cent increase in aviation fuel and a 3 per cent rise in diesel sales.
However, the report mentioned that petrol sales dipped slightly by 0.5 per cent.
At the end of October, petroleum product stocks were 2.2 per cent higher than the previous month.
For the January to October 2024 period, total petroleum sales grew by 1.4 per cent compared to the same period in 2023, reflecting a steady demand for energy products across various sectors.
