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Economy 23/02/2023 Data on industrial production by the end of 2022
Data on industrial production by the end of 2022

Tashkent, Uzbekistan (UzDaily.com) -- In 2022, the number of operating enterprises in the republic amounted to 97.9 thousand (in 2021-90.3 thousand). The volume of industrial production at these enterprises by the end of 2022 amounted to 551.1 trillion soums, or 5.2 percent increase. Of these, industrial products of the region were produced in the amount of 197.2 trillion soums, and growth rates of 11.7 percent were provided.

1. In the oil and gas sector: oil and condensate production amounted to 2.92 million tons, which is 1.9%, or 53.5 thousand tons more than a year earlier.

The prices of WTI and Brent crude oil in the world on January 20 of this year amounted to US$82 per barrel and US$87.7 per barrel, respectively. Due to the ongoing deterioration of the global economy and the OPEC+ plan to reduce oil supplies, global oil demand is falling by 340,000 barrels per day. It is expected that in 2023 the demand for oil will fall to 1.7 million barrels per day, which is 60-470 thousand barrels per day less than last month. It is estimated that the demand for oil in 2023 will average 101.3 million barrels per day.

2. The volume of electricity production in the republic is 79.9 billion kWh, which is 3.1%, or 2.4 billion kWh more compared to the previous year. The volume of electricity production of Uzbekhydroenergo JSC in 2022 due to good precipitation and an increase in water reserves in reservoirs of 6.5 billion kWh and by 29.3%, or 1.5 billion kWh, compared to the previous year.many hours have been produced.

According to a new report by the International Energy Agency (IEA), global electricity demand is expected to grow by 2.4% compared to last year. Electricity demand is expected to continue to grow similarly in 2023.

In 2022, the average price of natural gas in Europe was four times higher than in the same period of 2021, and the price of coal was three times higher, which led to a more than three-fold increase in wholesale electricity prices in many markets. The International Energy Agency’s price index for the world’s largest wholesale electricity markets in the period from 2016 to 2022 more than doubled the average.

3. The volume of production of passenger cars in the republic amounted to 327.6 thousand units, which is 39%, or 91.9 thousand units more than a year earlier.

According to Forbes, by the end of 2022, 80.4 million units of cars and trucks (6 million of them electric vehicles) will be produced in the world, which is 4.1% more than last year.

According to ING Group (a large egn banking group in the Netherlands), based on data for the first half of 2022, an analysis of forecast indicators was carried out, which took into account new negative factors from the beginning of 2022 (the incident in Ukraine and the lockdown in China). This led to additional disruptions in the operation of various production sites in Europe and Asia, while the shortage of chips persisted. As a result, global passenger car sales are projected to grow 

In 2022, the survey growth was projected at 4.1 percent.

As a result of the first half of the year, sales of passenger cars decreased in 3 main markets: China, the USA and the European Union (a total of 4.6 million units). Car sales fell sharply in the four largest European car markets, including Italy (-22.7 percent), France (-16.3 percent), Germany (-11.0 percent) and Spain (-10.7 percent).

4. The volume of gold production in the metallurgical sector of the republic due to the increase in the volume of ore extraction and processing amounted to 105.2 tons (88.0 tons in JSC “NGMK”, 17.2 tons in JSC “AGMK”) compared to last year Completed by 5.2 tons, or 5.2 percent more.

The total number in the world at the end of 2022 according to Standard & poor’s 

It is expected that gold production will amount to 4.1 thousand tons, and gold production will increase by about 4.6% compared to 2021. Currently, the price of gold on LME is US$1,924./oz. 

5. 2022 in the republic in the construction materials sector and at the expense of small enterprises, the volume of cement production amounted to 14.6 million tons, an increase of 2.9% compared to last year. 

6. In 2022, high indicators for the production of regional industry products were achieved, according to the results of the year, products worth 197.7 trillion soums were produced, an increase of 11.7 percent was achieved.

During 2022, due to the increase in existing capacities and the creation of new capacities in Syrdarya (growth rates of 150.9 percent), Khorezm (25 percent), Bukhara (18.5 percent), Navoi (16.1 percent), Andijan (3.7 percent), Namangan (13.5 percent) and Jizzakh (12.5 percent) regions, and Also in Tashkent (14.1 percent), the growth rate of production of regional industries was high.

 

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