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Value of goods produced in 2021 increased by 4.7%

20 Jul 2022 / ireland Print

Value of goods produced in 2021 increased by 4.7%

Food, chemical, and pharmaceuticals accounted for 74% of all production in Ireland in 2021, CSO data shows.

These three sectors had an aggregate net selling value (NSV) of €98.3 billion, while the remaining sectors reported a value of €34.8 billion.

The total value of products manufactured in Ireland in 2021 was €133.2 billion.

The pharmaceutical sector reported the highest NSV of €58.1 billion in 2021.

Enterprises

The top-ten industrial enterprises accounted for 49.2% of all production in Ireland in 2021.

The top-50 industrial enterprises here represented 73.5% of the overall NSV, with a value of €97.9 billion.

Statistician Eamonn Cleary said: “The value of products produced in Ireland increased by 4.7% to €133.2bn in 2021.

“However, it is worth noting that this was 1.1% less than the €134.6 billion which was produced in 2019, the last full calendar year before any restrictions arising out of the COVID-19 pandemic were introduced.”

Gazette Desk
Gazette.ie is the daily legal news site of the Law Society of Ireland