• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Kazakhstan's Transport Strategy: A Neutral Overview

Manufactured Goods Production in the EU Shows Incremental Growth

07/24/2023
India and China Move to Rebuild Trade Ties Amid Tariff Pressures

India and China Move to Rebuild Trade Ties Amid Tariff Pressures

08/22/2025
YAZ Bilgi Sistemleri Nominated for the Prestigious Go Global Awards 2025

YAZ Bilgi Sistemleri Nominated for the Prestigious Go Global Awards 2025

08/22/2025
Intellection Software & Technologies Pvt. Ltd. Nominated for Go Global Awards 2025 in London

Intellection Software & Technologies Pvt. Ltd. Driving AI-Powered Innovation Across the Globe

08/22/2025
Intellection Software & Technologies Pvt. Ltd. Nominated for Go Global Awards 2025 in London

Intellection Software & Technologies Pvt. Ltd. Nominated for Go Global Awards 2025 in London

08/22/2025
The Great Trade Reboot Launched in New York: AI-Powered Future of Global Trade Unveiled

The Great Trade Reboot Launched in New York: AI-Powered Future of Global Trade Unveiled

08/22/2025
Asian Central Banks Move Toward Steeper Rate Cuts as Tariffs Weigh on Growth

Asian Central Banks Move Toward Steeper Rate Cuts as Tariffs Weigh on Growth

08/22/2025
U.S. to Maintain 27.5% Tariff on European Cars Until E.U. Acts on U.S. Exports

U.S. to Maintain 27.5% Tariff on European Cars Until E.U. Acts on U.S. Exports

08/22/2025
Trump backs down from 250% EU pharma tariff in deal

Trump backs down from 250% EU pharma tariff in deal

08/22/2025
U.S. and E.U. Trade Deal Caps Tariffs on Exports at 15%

U.S. and E.U. Trade Deal Caps Tariffs on Exports at 15%

08/22/2025
International Trade Council and National Black Chamber of Commerce Sign MOU and Jointly Launch Free Publication and ADAMftd Access to Empower Black-Owned SMEs

International Trade Council and National Black Chamber of Commerce Sign MOU and Jointly Launch Free Publication and ADAMftd Access to Empower Black-Owned SMEs

08/22/2025
PsychTests AIM Inc. Nominated for Go Global Awards 2025

AI-Driven Psychometrics from Canada’s PsychTests AIM Inc. Transform Global HR Practices

08/20/2025
PsychTests AIM Inc. Nominated for Go Global Awards 2025

PsychTests AIM Inc. Nominated for Go Global Awards 2025

08/20/2025
supplychainreport
Sunday, August 24, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Manufactured Goods Production in the EU Shows Incremental Growth

by Daisy D.
07/24/2023
in Global Trade, Manufacturing

After experiencing two consecutive declines, including a 7% decrease in 2020, the EU’s production of manufactured goods has been on a path of recovery and expansion. The EU’s industrial production increased by 8% in 2021 compared to 2020 and continued its upward trajectory with a 5% growth in 2022 compared to 2021.

YOU MAY ALSO LIKE

India and China Move to Rebuild Trade Ties Amid Tariff Pressures

Asian Central Banks Move Toward Steeper Rate Cuts as Tariffs Weigh on Growth

From 2012 to 2014, the EU’s production witnessed a slight decrease before embarking on a gradual upward trend until 2018. In 2019, there was a minor decline in the value of sold production, which further contracted more sharply in 2020 due to the effects of the pandemic. The outbreak of COVID-19 and the subsequent containment measures implemented by EU countries significantly impacted industrial production in 2020. However, the years 2021 and 2022 demonstrated positive increases in production across all industrial activity groups.

In nominal terms, the EU’s value of sold production rose from €5,209 billion in 2021 to €6,179 billion in 2022, indicating a noteworthy 19% increase. This information is sourced from data on the production of manufactured goods published by Eurostat. The article highlights select findings from the more comprehensive Statistics Explained article on industrial production, which includes detailed analysis by country and sector.

Value of Sold Production in Manufacturing of Basic Metals and Fabricated Metal Products Records a 42% Increase

When examining the top seven groups of manufacturing activities, the most substantial increase in sold production value was observed in the manufacturing of basic metals and fabricated metal products. This sector experienced a notable 42% increase in production value (at current prices), rising from €788 billion in 2021 to €1,118 billion in 2022.

Following this, the manufacturing of food, beverages, and tobacco saw a 17% increase in sold production value (from €872 billion in 2021 to €1,021 billion in 2022), and the manufacturing of chemicals experienced a 19% growth in sold production value (from €460 billion to €547 billion). Additionally, the production of rubber and plastic products grew by 16%, reaching €508 billion from €437 billion, and machinery and equipment increased by 10%, rising from €512 billion to €562 billion. These findings indicate positive trends within the EU’s manufacturing sector.

Get top supply chain report news on The Supply Chain Report. For international trade insights and tools, visit ADAMftd.com.

#EUManufacturingRecovery #IndustrialProductionGrowth #EurostatData #ManufacturedGoods #EUProductionIncrease #PostPandemicRecovery #2021Growth #2022ManufacturingTrends #BasicMetalsIncrease #MetalProductsGrowth #FoodBeverageTobaccoGrowth #ChemicalProductionRise #RubberPlasticProduction #MachineryEquipmentGrowth #EUIndustryTrends #ManufacturingSectorExpansion

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.