During the month of June 2020, industrial production recorded an increase of 3.9%.
This is mainly due to the rise observed in the sector of food industry (+5.9%), the sector of ceramic and glass building materials industry (+9.1%), the sector of chemical industries (+6.8%), the sector of wood industry (+10.5%), the sector of various industries (+14.8%) and the energy sector (+4.3%).
Similarly, production of the oil refining sector posted an increase after “STIR” company resumed its activity following an almost total shutdown last year.
On the other hand, industrial production recorded a decline in the mechanical and electrical industries sector (-4.8%), the textile, clothing and leather industry sector (-6.7%), the paper and cardboard industry sector (-8.2%) and the rubber and plastics industry sector (-8.8%). Similarly, the production of the mining sector recorded a decline (-30.1%) due to the fall in the production of raw phosphate (140.8 thousand tons in June 2020 against 366.9 thousand tons during the same period in 2019).
An unprecedented drop
Industrial production recorded a remarkable decline of 18.2% in Q2 2020.
During the second quarter of the year 2020, industrial production recorded a remarkable decrease of 18.2% compared to the same period of the year 2019.
This is mainly due to the decrease in production in the mechanical and electrical industries (-35.3%), the textile, clothing and leather industry (-41.7%), the ceramic and glass building materials industry (-37.6), the woodworking sector (-29.5%), the paper and cardboard industry sector (-30.0%), the miscellaneous industry sector (-36.6%), the food industry sector (-4.5%), the chemical industry sector (-3.5%), and the rubber and plastics industry sector (-26.1%).
Similarly, the production of the mining sector went down (-21.6%) due to the drop observed in the production of raw phosphate (841.3 thousand tons in the 2nd quarter of 2020 against 980.3 thousand tons in the same period of 2019).
On the other hand, industrial production recorded an increase in the energy sector (+4.1%). Similarly, the production of the oil refining sector saw a rise.
All sectors concerned
During the first half of 2020, industrial production fell by 8.5% compared to the same period in 2019.
This decrease is explained by the drop in production in the sector of mechanical and electrical industries (-22.4%), the sector of textile, clothing and leather industry (-28.8%), the sector of ceramic and glass building materials industry (-23.4), the sector of woodworking (-18.1%), the sector of paper and cardboard industry (-20.4%), the sector of miscellaneous industries (-25.5%) and the sector of rubber and plastics industry (-15.5%).
On the other hand, industrial production saw a growth in the food industry sector (+8.1%) following the increase recorded in the production of olive oil 2019-2020 and the chemical industry sector (+5.9%).
Similarly, the production of the oil refining sector has recorded an increase following the resumption of activity in the company “STIR” after a near-total stop last year.
Source: INS
