Official Portal - Statistics Portugal
      
 

Industrial production increased by 23.6%, in nominal terms
Industrial production statistics
Industrial production increased by 23.6%, in nominal terms - 2022
12 December 2023

Summary

According to the final results of the Annual Survey on Industrial Production (IAPI), in 2022, the total sales of products and services in the Manufacturing industries (Divisions 10 to 33, 35 and 38 of CAE Rev.3) increased by 23.6%, in nominal terms, totalling EUR 119.6 billion (EUR 96.8 billion and +15.0% in 2021). Compared to 2019, there was an increase of 27.1%.

A significant part of this variation is justified by the effect of price increases, given that the industrial production price index (IPPI) recorded a year-on-year increase of 20.5% in 2022.

The major contributions to the evolution of the total sales of products and services were identified in the activities of Manufacture of coke and petroleum products (Div.  19), with +5.5 p.p., followed by Manufacture of food products (Div. 10), with +3.6 p.p., and the Manufacture of paper and paper products (Div. 17), with +1.9 percentual points. According to IPPI, these divisions were also those that recorded the highest price changes in industrial production in 2022 compared to 2021, with the highlight of the increase of 26.4% in Div. 10.

Considering the total sales of products and services in each division of the Manufacturing industries in 2022, only the Div. 29 – Manufacture of motor vehicles (-7.7%) and Div. 33 - Repair, maintenance and installation of machinery and equipment (-5.2%) have not yet recovered 2019 levels.

Gas oils, Gasoline and Other parts and accessories for motor vehicles remained the main products produced.

Apparent consumption grew by 25.0% in 2022, as a result of the equivalent contribution of the various parts: imports (+24.8%), national production (+24.0%) and exports (+23.4%).


Press release
Download the document PDF (459 Kb)
Tables
Excel Excel (390 Kb)
ZIP CSV (59 Kb)