|
Industrial Statistics
1999 |
The Statistical Service announces that it has published the annual
report "Industrial Statistics 1999".
The report provides detailed statistical data on the developments in
the broad industrial sector covering mining and quarrying, manufacturing,
electricity, gas and water.
2. The major developments within each sector during 1999 compared to
1998 were:
Mining and Quarrying
The mining and quarrying sector in 1999 increased by 5,6% compared to
the previous year. It is estimated that value added of the sector in real
terms increased from C£14.385 thousand in 1998, to C£15.197 thousand in
1999.
Manufacturing
During 1999 the manufacturing sector recorded a marginal increase due
mainly to an increase in local consumption and tourism. Value added of the
sector increased by 0,3% in real terms compared to an increase of 1,2% in
1998.
Food, beverages and tobacco, which traditionally is the largest group
and in 1999 contributed 36,9% to the manufacturing value added, registered
a 4,3% increase in volume of production. This was mainly the result of an
increase in domestic demand. Textiles, wearing apparel and leather, the
second largest group, contributing 10,3% to the manufacturing value added,
recorded a decline of 7,3% in volume of production, attributable mainly to
a decrease in exports of clothing, footwear and travel goods as well as a
decline in domestic demand. Clothing, continued to be the most important
manufacturing item and its value of production is estimated at C£92,4
million in 1999 compared to C£100,2 million in 1998.
The price index of domestically produced manufactured goods rose by
1,9% over 1998, compared to a 1,5% rise in the previous year. This is
attributed to an increase of 2,1% in local market prices, and 1,2% in
export prices.
Industrial exports, fell to C£166,8 million during 1999 compared to C£170,2
million in 1998 registering a decrease of 2,0%. Exports to European Union
countries rose to 46,1% in 1999 from 39,3% in 1987 and 26,6% in 1982,
while the share absorbed by Arab countries, fell to 31,3% in 1999 from
45,1% in 1987 and 62,2% in 1982.
Expenditure on fixed assets in the sector during 1999 rose to C£58,4
million compared to C£61,8 million in 1998. Machinery and equipment
accounted for 65,7% of total investment, new buildings and works for 21,4%
and transport equipment for the remaining 12,9%.
Employment in manufacturing dropped from 39,6 thousand persons in 1998
to 38,6 thousand in 1999. The percentage share of unemployment in the
sector to total unemployment in the economy is estimated at 23,4% with
average unemployment reaching 2.661 persons in 1999 compared to 2.236 in
1998.
Electricity, Gas and Water
During 1999 there was a slowdown in the rate of economic growth in this
sector, estimated at 6,0%, compared to 8,8% in 1998.
Generation, transmission and distribution of electric energy, is by far
the most important industry of the sector and in 1999 contributed 82,0% to
the sectoral value added. Sales of electricity rose by 5,9% to 2.785,4
million kWh in 1999 from 2.629,0 million kWh in 1998. The highest
increases were recorded in the consumption by financial, insurance, real
estate and business services, distributive trades and water supply. In the
manufacturing sector, the largest increases in the usage of electricity
were recorded in food and metal products industries. Decreases were
observed in the clothing, footwear and non-metallic mineral products
industries. Consumption of electricity by households rose by 5,2%, for
public lighting by 7,4% and for water pumping purposes by 4,2%.
3. The report is available for sale from the Government Printing Office
at the price of C£8,00.
|