In July 2022, 15 of the 16 divisions of the manufacturing industry presented year-on-year increases. In order of their incidence at the general level, increases were recorded in “Machinery and equipment”, (+21.1%); “Motor vehicles, bodies, trailers and auto parts”, (+21.6%); “Other equipment, devices and instruments”, (+15.6%); “Basic metal industries”, (+4.9%); “Rubber and plastic products”, (+6.8%); “Oil refining, coke and nuclear fuel”, (+8.7%).
They also grew in July: “Clothing, leather and footwear”, (+6.6%); “Non-metallic mineral products”, (+5.3%); “Food and beverages”, (+0.8%); “Chemical substances and products”, (+1.4%); “Metal products”, (+4%); “Wood, paper, publishing and printing”, (+1.7%); “Furniture and mattresses, and other manufacturing industries”, (+3.7%). For its part, the division corresponding to “Textile products” showed a decrease close to zero.
During July, the production of machinery and equipment registered a year-on-year growth of 21.1%. According to the report of the Agricultural Machinery Industry for the second quarter of 2022, the units sold of nationally produced tractors registered a growth of 19% compared to the same period in 2021.
As for the manufacture of appliances for domestic use, there was a year-on-year growth of 15.2% in the month. The most outstanding were corresponding to washing machines, hot water tanks and refrigerators. For its part, the manufacture of other machinery for special use presented a year-on-year growth of 6.8%.
As for the sector of motor vehicles, bodies, trailers and auto parts there was a year-on-year rise of 21.6% in July. The production of motor vehicles increased by 34.9% year-on-year. According to data from the Association of Automotive Factories (ADEFA), in July 2022, there was a year-on-year increase in both the number of automobile units produced (51.2%), as well as utility vehicles (29.8%).
The Indec also reported that the manufacture of auto parts shows a year-on-year increase of 12.2% in July. For its part, the manufacture of bodies, trailers and semi-trailers rose 6.8% in July on a year-on-year basis. The manufacture of other equipment, devices and instruments in July grew 15.6% in 12 months.
The production of aluminum and other non-ferrous metals in July rose 19.3% and metal smelting showed a year-on-year increase of 16.5%, due to a higher demand for cast iron and steel and non-ferrous metal products, destined for the oil and gas, agriculture, mining, automotive, and construction sectors. building.
In turn, rubber and plastic products rose 6.8% in July and the manufacture of tires had a year-on-year increase of 16.7% in July. Regarding the production of gasoline, there was a year-on-year increase of 12.9% in July. For its part, the production of diesel oil had a year-on-year growth of 6.5% in July.
Non-metallic mineral products grew 5.3% in July. For its part, the glass and glass products industry recorded year-on-year growth of 13.1% in July. The division corresponding to food and beverages had a year-on-year increase of 0.8% in July.
Source: Ambito
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