Baku: From January to November this year, Azerbaijan’s chemical industry, pharmaceutical products, and rubber and plastic goods sectors produced goods valued at 2,076.3 million manat.
According to Azeri-Press news agency, citing the State Statistical Committee, this marks a significant growth in production compared to the same period last year.
During the reporting period, pharmaceutical products saw a remarkable production increase of 94.9%, while rubber and plastic goods production rose by 13.7%. The production of chemical industry products experienced an 8.7% increase. Specifically, polyethylene production rose by 13.2%, and ethylene production increased by 12.1%. In the rubber and plastic goods sector, the production of other plastic bags and pouches surged by 95.2%, plastic rods, shafts, and profiles by 26.6%, and plastic bottles, flasks, and similar items by 24%.
The data on chemical industry products reveals that inert gases production increased by 6.1%, paint and varnish products by 2%, and ethylene by 12.1%. However, the production of inorganic chemicals decreased by 32.7%, methanol by 13%, and ethyl alcohol by 11%. Fertilizers and nitrogen compounds saw a reduction in production by 9.8%, although the production of plastic mass in primary form increased by 12.4%, with polyethylene contributing significantly to this rise. Additionally, adhesives and adhesive substances production saw a substantial increase of 27.8%.
The production statistics demonstrate the continued growth and diversification of Azerbaijan’s chemical industry, highlighting the sector’s role in the country’s economic development.