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Mining and quarrying gross output drops by 36.1 percent www.montsame.mn
According to the National Statistics Office of Mongolia, in the first 2 months of 2022, the gross industry al output reached MNT 2.3 trillion, decreased by MNT 729.2 billion (24.2 percent) from the previous year. This decrease was mainly due to MNT 784.3 billion (36.1 percent) decrease in mining and quarrying gross output.
In addition, the manufacturing production output increased by MNT 31.2 (5.8 percent), electricity, thermal energy and water supply production output increased by MNT 19.7 billion (7.1 percent) and the water supply, and sewerage, waste management, and remediation activities production output rose by MNT 4.3 billion (18.1 percent) from the previous year.
By preliminary results, in the first 2 months of 2022, the mining and quarrying gross output reached MNT 1.4 trillion, dropped by MNT 784.3 billion (36.1 percent) from the same period of previous year. This decrease was mainly due to declines in mining of coal and lignite by 752.2 billion (75.5 percent) and extraction of crude petroleum by MNT 136.5 billion (94.7 percent) from same period of the previous year.
By preliminary results, in the first 2 months of 2022, the mining and quarrying sector, extraction iron ore increased by 74.1 percent compared to the same period of the previous year. In the mining and quarrying sector, the extraction of gold, brown coal, copper concentrate, fluorspar, hard coal and crude oil decreased by 1.4 – 97.2 percent.
In the manufacturing sector, production of copper cathode (99 percent), alcoholic beverage, combed cashmere, lime and cashmere products increased by 0.8 percent to 6.8 times compared to the previous year. In the manufacturing sector, productions of spirit, pure water, soft drink, juice, cigarettes, milk, coal briquette, wheat flour, face covering, meat, sanitizer and cement decreased by 4.0 – 93.6 percent compared to the same period of the previous year.
In the reference period, the sales of industrial output reached MNT 2.9 trillion, decreased by MNT 1.2 trillion (28.9 percent) compared to the same period of the previous year. This decrease mainly resulted from MNT 1.2 trillion (40.2 percent) decrease in sales of mining and quarrying output.
The sales of mining and quarrying output decreased by MNT 1.2 trillion (40.2 percent) compared to the same period of the previous year. This decrease mainly resulted from MNT 835.2 billion (71.7 percent) decrease in sales of mining of coal and lignite output, MNT 224.5 billion (13.1 percent) decrease in sales of metal ores and MNT 36.8 billion (76.1 percent) decrease in sales of other mining and quarrying output, respectively.
Moreover, the total sales of mining and quarrying output was MNT 1.5 trillion, of which, 82.5 percent was metal ores, increased by 24.9 percentage points, while 17.1 percent was coal and lignite, showing a decrease of 18.8 percentage points, and 0.4 percent was other mining and quarrying, decreased by 0.9 percentage points compared to the same period of the previous year.
Published Date:2022-03-21
