According to the final results of the Annual Survey on Industrial Production (IAPI), in 2024, the total sales of products and services in the Manufacturing industries (Divisions 10 to 33, 35 and 38 of CAE Rev.3) recorded a nominal decrease of 0.7%, totalling EUR 114.9 billion (-3.2% and EUR 115.7 billion in 2023). 

A significant part of this variation is justified by the stabilisation effect of prices, given that the industrial production price index (IPPI) presented a year-on-year change of +0.2% compared with 2023.

The major contributions to the negative evolution of the total sales of products and services were identified in the activities related with Electricity, steam, cold and hot water and cold air (Division 35), with -0.5 p.p., followed by the Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (Division 16) and Manufacture of wearing apparel (Division 14), both with -0.3 percentage points. Conversely, the activities that contributed positively were Manufacture of coke, refined petroleum products and fuels briquettes (Division 19), with +0.8 p.p., the Manufacture of motor vehicles, trailers, semi-trailers and parts and accessories for motor vehicles (Division 29), with +0.4 p.p., and the Manufacture of computer, communication equipment, electronic and optical products (Div. 26), with +0.2 percentage points.

Division 10 - Manufacture of food products remained the division with the highest relative weight in the total sales of products and industrial services (15.2%), recording an increase of 0.8% over 2023. It was followed by Division 29 - Manufacture of motor vehicles (weight of 10.1%; +3.7% compared with 2023) and Division 19 - Manufacture of coke, refined petroleum products and fuels briquettes (weight of 9.2%; +10.2% compared with 2023).

Gas oils, Other parts and accessories for motor vehicles (…) and Motor spirit (gasoline) were the main products produced in 2024.

Apparent consumption decreased by 1.0% in 2024, as a result of the increase of imports (+2.7%) and domestic production (+0.3%), as well as exports (+2.1%).