According to the final results of the Annual Survey on Industrial Production (IAPI), in 2021, the total sales of products and services in the Manufacturing industries (Divisions 10 to 33, 35 and 38 of CAE Rev.3) increased by 15.0%, in nominal terms, totalling EUR 96.8 billion (EUR 84.2 billion in 2020, revealing a decrease of 10.6%). Compared to 2019, there was an increase of 2.9%.

Part of this variation is justified by the effect of price increases, given that the industrial production price index (IPPI) recorded a year-on-year increase of 8.7% in 2021.

The major contributions to the evolution of the total sales of products and services were identified in the activities of Manufacture of chemicals, chemical products, and man-made fibres, except pharmaceutical products (Div.20), with +1.9 p.p., followed by Manufacture of basic metals (Div.24), with +1.6 p.p., which were also those that recorded the highest price changes in industrial production in 2021 compared to 2020 (+24.8% and +19.6%, respectively).

Among the five divisions with the highest weight in the Manufacturing industries (together accounting for 45.3% of turnover), divisions 29 - Manufacture of motor vehicles (-12.2%) and 19 - Manufacture of coke and petroleum products (-9.1%) have not yet recovered the 2019 levels.

Gas oils and Other parts and accessories for motor vehicles remained the main products produced, but recorded decreases compared to 2019 (-22.1% and -1.7%, respectively).

The apparent consumption grew by 17,4% in 2021, mainly as a result of the increase in imports (+20.6%), while exports (+17.2%) and national production (+14.9%) increased less significantly.