Page 26 - SE Outlook Regions 2024
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The World Bank expects Albania’s GDP growth to slow to 3.3% in 2024 and 3.5% in 2025, down from an expected 3.6% in 2023.
2.1.2 Industrial production
Statistics office Instat published its Industrial Production Survey for the
first time for 2022 (latest data available).
Among the main industrial products, the sales value of crude petroleum amounted to ALL44.9bn (€439mn), up by 31.2% from the 2021 figure of ALL34.2bn.
The sales value for pig iron and iron in other primary forms in 2022 totaled ALL32.7bn, a 4.3% decrease compared to the 2021 value of ALL31.3bn. The sales value for chromium ores and concentrates reached ALL31.0bn, up 38.2% y/y.
Metallurgy represented 14.7% of the overall sales value of industrial products in 2022, a slight decrease from the 14.8% recorded in 2021.
26 SE Outlook 2024 www.intellinews.com
