Home Business Kazakhstan discloses industrial production volume since year-start

Kazakhstan discloses industrial production volume since year-start

by swotverge

ASTANA, Kazakhstan, March 25. The amount of
industrial manufacturing in Kazakhstan amounted to 7.5 trillion tenge
(about 16.6 billion) from January via February 2024, Development
reviews.

The nation’s Bureau of Nationwide Statistics’ knowledge reveals that in
the mining business, manufacturing amounted to three.56 trillion tenge, or
about $7.9 billion (47.5 % of the full), and within the
manufacturing business, it was 3.23 trillion tenge, or about $7.1
billion (43.2 %).

On the similar time, from January via February 2024, the
industrial manufacturing index (IPI) in Kazakhstan was 104.6 %.
Among the many areas, the best development was recorded within the East
Kazakhstan, Aktobe, and Akmola areas.

Moreover, within the mining and quarrying business from January
via February 2024, the IPI amounted to 101.9 %, which is
as a consequence of a rise within the manufacturing of steel ores (107.2 %)
and different minerals (102.9 %) and providers within the mining
business (106.9 %).

Within the manufacturing business, the IPI from January via
February 2024 in comparison with the identical interval in 2023 was 107.4
%. Progress was famous within the manufacturing of the chemical
business by 25.3 %, metallurgy – 10.6 %, completed steel
merchandise, besides equipment and gear – 24.3 %, mechanical
engineering – 23.4 %, and different completed merchandise – 1.8
instances.

In the meantime, the amount of commercial manufacturing in Kazakhstan
amounted to 46.4 trillion tenge (about $102.5 billion) from January
via December 2023. In comparison with 2022, manufacturing elevated by
4.3 %.

Thus, manufacturing quantity within the mining and quarrying business
amounted to 21.7 trillion tenge (about $47.9 billion), which is 4.6
% greater than in 2022. As well as, manufacturing on this space
accounted for 46.9 % of complete industrial manufacturing.

On the similar time, manufacturing within the manufacturing business
elevated by 4.1 % in comparison with 2022 and amounted to 21.6
trillion tenge (about $47.7 billion). The manufacturing business,
in flip, lined 46.6 % of complete industrial manufacturing.

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