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Azerbaijan records increase in industrial production for 2021

Economy 17 January 2022 10:36 (UTC +04:00)
Azerbaijan records increase in industrial production for 2021

BAKU, Azerbaijan, Jan. 17

By Sadraddin Aghjayev - Trend:

The value of products manufactured by industrial enterprises and individual businessmen in Azerbaijan grew in 2021, Trend reports citing the State Statistics Committee.

According to the committee, this figure reached 54.5 billion manat ($32 billion), up by 2.83 billion manat ($1.66 billion), or 5.2 percent, on annual basis.

Last year, the manufacturing of non-oil products also increased – by 18.9 percent.

Besides, according to the committee, 64.5 percent of industrial products were manufactured in mining, 29.9 percent - processing, 4.8 percent - production, distribution, and supply of electricity, gas, and steam, and 0.8 percent - water supply, waste treatment, and recycling sector.

At the same time, the production of marketable oil increased by 0.1 percent, while the production of marketable gas - by 23 percent.

In the processing sector, growth was observed in the manufacturing of construction materials (by 80.6 percent), pharmaceuticals (58.3 percent), tobacco products (54 percent), leather and its products (29.8 percent), textile products (26.8 percent), paper and cardboard (26.5 percent), chemical products (25.5 percent) and furniture (24.8 percent).

Manufacturing of cars, trailers, and semi-trailers rose by 21.3 percent, plastic and finished metal products - by 17.4 percent, metallurgical products - 16.9 percent, petrochemicals – 13.4 percent, food products - 10.2 percent, computers, and optical products – 8.3 percent and beverages – 2.3 percent.

At the same time, the manufacturing of machinery and equipment declined by 9.1 percent, electrical equipment – 11.2 percent, clothing – 21.7 percent, wood products – 38.3 percent, and printing products - by 45.2 percent.

Output in the sector of production, distribution and supply of electricity, gas and steam increased by 7.1 percent, and in the sector of water supply, waste treatment and recycling - by 18.2 percent, added the committee.

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