Sales of industrial output rise by 81.8 percent in the first four months of 2021

Economy
unurzul@montsame.mn
2021-05-18 14:16:21

Ulaanbaatar/MONTSAME/. By preliminary result of the first four months of 2021, the gross industrial output reached MNT 6.2 trillion, increased by MNT 2.0 trillion (48.2%) from the same period of previous year. This increase was mainly due to MNT 1.6 trillion (59.2%) increase in mining and quarrying gross output and MNT 370.1 billion (38.3%) increase in manufacturing output. Also, the electricity, thermal energy and water supply production output increased by MNT 45.9 billion (9.6%) and the water supply, and sewerage, waste management, and remediation activities production output increased by MNT 6.3 billion (14.3%) from the same period of previous year.


In April 2021, the gross industrial output reached MNT 1.5 trillion, decreased by MNT 157.8 billion (9.4%) from the previous month. This decrease was mainly due to MNT 96.3 billion (8.3%) increase in mining and quarrying, while MNT 50.8 billion (13.9%) decrease in manufacturing gross output.


In April 2021, the mining and quarrying gross output reached MNT 1.1 trillion, increased by MNT 446.6 billion (72.9%) from the same period of previous year. This increase was mainly due to increases in mining of coal and lignite by 171.3 billion (3.5 times), extraction of crude petroleum by MNT 74.2 billion (15.9 times) and mining of metal ores by MNT 228.9 billion (46.7%) from same period of the previous year.


By the preliminary results of the first four months of 2021, in the mining and quarrying sector, extraction of gold, copper concentrate, iron ore, brown coal, fluorspar, hard coal and crude oil increased by 6.4 percent to 3.6 times compared to the same period of the previous year. In manufacturing sector, production of copper cathode 99%, alcoholic beverage, wheat flour, wheat flour, milk, combed cashmere, cement, coal briquette, meat, concentrated coal and cigarettes increased by 1.4 percent to 9.8 times compared to the same period of the previous year.


However, in the manufacturing sector, productions of lime, water, soft drink, juice, face covering, alcohol, metal steel, sanitizer and cashmere products decreased by 1.0-60.6% compared to the same period of the previous year.


By the preliminary results of the first four months of 2021, the sales of industrial output reached MNT 7.9 trillion, increased by MNT 3.5 trillion (81.8%) compared to the same period of the previous year. This increase was mainly resulted from MNT 3.1 trillion (2.2 times) increase in sales of mining and quarrying output.


The sales of mining and quarrying output increased by MNT 3.1 trillion (2.2 times), compared to the same period of the previous year. This increase was mainly resulted from MNT 1.8 trillion (2.0 times) increase in sales of mining of metal ores output, MNT 1.1 trillion (2.9 times) increase in sales of mining of coal and lignite and MNT 228.8 billion (5.0 times) increase in sales of crude petroleum output, respectively.


In the total sales of industrial output, MNT 5.3 trillion (67.2%) was export, of which MNT 4.8 trillion (91.0%) was export of mining and quarrying output. In terms of commodity types of total export outputs, 62.3% was metal ores, 30.2% was coal and lignite, 5.9% was crude petroleum, 1.5% was other mining and quarrying output. In April 2021, the seasonally adjusted industrial production index was 170.8 (2015=100), increased by 79.4 percent from the same period of previous year and by 24.3% from the end of the previous year.

 

Source: National Statistics Office