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Oil, iron and chrome dominate the Albanian industry, with around 1 billion euros in sales per year

Oil, iron and chrome dominate the Albanian industry, with around 1 billion euros

INSTAT published today for the first time the results of the Survey of Industrial Products, in which it is mentioned that the value of sales of the three main products of the industry reached about 1 billion euros last year.

While in terms of quantity, the main production was alcoholic beverages and shoes.

During the year 2022, 902,064 tons of oil were produced from the 697,662 tons produced in 2021. The production of crude iron and other primary forms in 2022 marked the value of 808,983 tons from the 773,668 tons produced in 2021.

During 2022, 1,399,017 tons of chrome ore and concentrates were produced from 1,068,729 tons produced in 2021.

The sales value for the oil product during 2022 was ALL 44.8 billion, from ALL 34.2 billion in 2021, increasing by 31.2%.

The sales value for the crude iron product and other primary forms during 2022 was 32.6 billion ALL, from 31.3 billion ALL in 2021, increasing by 4.3% and the sales value for the ore product and concentrates of of chromium during 2022 was 30.9 billion ALL from 22.4 million ALL in 2021, increasing by 38.2%.

During 2022, metallurgy took 14.7% of the value of total sales of industrial products from 14.8% that occupied the year in 2021.

Food processing accounted for 11.5% of total sales in 2022 from 11.8% in 2021, while crude oil extraction accounted for 11.2% of total sales in 2022 from 9.8% in 2021. the year 2021.

NSTAT published for the first time the data of the Survey of Industrial Products (PRODCOM), which is used in the countries of the European Union.

The survey on industrial products is carried out with annual frequency near the extractive and processing industry enterprises and aims to provide information on the production and sale of industrial products realized by the enterprises that carry out their economic activity in our country.

These statistics serve to carry out detailed analysis of industrial products produced in the country. Production and sale of major industrial products. /Monitor

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