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Key information about Brazil Industrial Production Index Growth
In November 2024, industrial production in Italy overall decreased by 1.5 percent compared to November 2023. Manufacturing of transport equipments and petroleum products recorded a drop by more than ten percent. On the contrary, electricity, and pharmaceuticals registered the highest growth rates. Impact on consumption and production The spring of 2020 recorded a very sharp decrease in industrial production and consumption. In terms of industrial production, some of the most impacted sectors by the coronavirus were the manufacture of textiles, apparel, leather, and accessories, as well as the manufacture of transport equipment. Similarly, consumption volume increased in March 2021 compared to one year ago. During the pandemic, the sectors of air transportation and leisure activities saw some of the largest drops in consumption. Recovery after COVID-19 Italy's economy has been strongly hit by the coronavirus pandemic, with Italy's GDP dropping consistently in 2020. Additionally, Italian exports are estimated to have decreased by over 15 percent. However, 2021 seems to be a year of recovery. The GDP is estimated to grow from three to four percent. The exports and imports are going to increase as well. Nevertheless, the next two years might experience an increase in unemployment rate, particularly during 2021.
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Key information about Iran Industrial Production Index Growth
The annual growth rate for industrial production in India recovered and registered a growth rate of over **** percent in the financial year 2023. The IIP growth rate is expected to increase to nearly *** percent in 2024.
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Key information about Israel Industrial Production Index Growth
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Manufacturing Production in China increased 7.40 percent in June of 2025 over the same month in the previous year. This dataset provides - China Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Industrial Production in Serbia increased 4.40 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Serbia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about Lebanon Industrial Production Index Growth
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Industrial Production in Sweden increased 5 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Sweden Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The production volume of the chemical industry in the United States increased by *** percent in 2022, but this chemical output is expected to fall by *** percent in 2023.
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As per Cognitive Market Research's latest published report, the Global Oil Exploration and Production market size is $3,588.98 Million in 2024 and it is forecasted to reach $5,116.57 Billion by 2031. Oil Exploration and Production Industry's Compound Annual Growth Rate will be 5.20% from 2024 to 2031. Market Dynamics of the Oil Exploration and Production Market
Market Driver for the Oil Exploration and Production Market
The increasing investment in oil sector by several government bodies worldwide elevates the market growth
Many countries view a stable and secure energy supply as crucial for their economic development and national security. Investing in the oil sector helps ensure a reliable source of energy. Oil exploration and production contribute significantly to the economic growth of a country. Governments often invest in the oil sector to capitalize on the potential for high returns, which can be used to fund public services, infrastructure projects, and other essential programs. Despite efforts to transition to renewable energy sources, the global demand for oil remains high. Governments recognize the need to meet this demand and ensure a stable energy supply to support industrial processes, transportation, and other key sectors. The oil and gas industry encompasses activities linked to exploration, including the search for hydrocarbons, identification of high-potential areas for oil and gas extraction, test drilling, the construction of wells, and initial extraction. According to the Center on Global Energy Policy, data 2023, the 2021–22 period of high oil and gas prices did not lead to a significant increase in capital spending by private companies despite record profits. One exception has been upstream exploration and production (E&P) companies, whose capital spending in 2022 was the highest since 2014. According to the International Labor Organization (ILO), data 2022, the oil and gas industry makes a significant contribution to the global economy and to its growth and development worldwide. The oil industry alone accounts for almost 3 per cent of global domestic product. The trade in crude oil reached US$640 billion in 2020, making it one of the world’s most traded commodities. Additionally, the industry is highly capital-intensive. Globally investments in oil and gas supply reached more than US$511 billion in 2020. According to the oil and gas industry outlook, data 2023, rapid recovery in demand, and geopolitical developments have driven oil prices to 2014 highs and upstream cash flows to record levels. In 2022, the global upstream industry is projected to generate its highest-ever free cash flows of $1.4 trillion at an assumed average Brent oil price of $106/bbl. Until now, the industry has practiced capital discipline and focused on cash flow generation and pay-out—2022 year-to-date average O&G production is up by 4.5% over the same period last year, while 2022 free cash flows per barrel of production is projected to be higher by nearly 70% over 2021. In addition, high commodity prices and growing concerns over energy security are creating urgency for many to diversify supply and accelerate the energy transition. As a result, clean energy investment by Oil &Gas companies has risen by an average of 12% each year since 2020 and is expected to account for an estimated 5% of total Oil & Gas capex spending in 2022, up from less than 2% in 2020.Therefore, investments made over recent decades enabled the United States to become a world leader in oil and natural gas production. Thus, owing to increased oil production, the demand for oil exploration and production has surged during the past few years.
The rising demand for oil across both commercial and residential sector is expected to drive the market growth
Oil remains a primary source of energy for transportation, including cars, trucks, ships, and airplanes. The growing global population, urbanization, and increased industrial activity contribute to a rise in the number of vehicles and the overall demand for transportation fuels derived from oil, such as gasoline and diesel. Many industrial processes rely on oil and its by-products as energy sources and raw materials. Industries such as manufacturing, petrochemicals, and construction utilize oil-based products for various applications, including heating, power generation, and the production of pl...
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Industrial Production in Nigeria increased 1.76 percent in the fourth quarter of 2024 over the same quarter in the previous year. This dataset provides - Nigeria Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Industrial Production in Indonesia decreased 6.85 percent in the first quarter of 2025 over the same quarter in the previous year. This dataset provides the latest reported value for - Indonesia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Total Manufacturing Production for the United States was -0.47717 Growth Rate Previous Period in January of 2024, according to the United States Federal Reserve. Historically, Total Manufacturing Production for the United States reached a record high of 12.93370 in January of 1955 and a record low of -13.78342 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Manufacturing Production for the United States - last updated from the United States Federal Reserve on July of 2025.
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Key information about Kazakhstan Industrial Production Index Growth
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Industrial Production in Israel increased 11.40 percent in April of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Israel Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
From 2020 to 2021, the production volume of the U.S. chemical industry is expected to increase by *** percent in the basic chemicals segment, rebounding from the negative effects one year before, as a consequence of the COVID-19 pandemic.
In 2023, the Latin American chemical industry experienced variable growth within different countries, with Brazil being particularly notable, with an impressive *** percent increase. Conversely, in Mexico, chemical production experienced a decline of *** percent in 2023.
In 2024, the production volume of the chemical industry in the West Coast region of the United States is expected to increase by 1.3 percent, rebounding after a considerable drop during the previous year.
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Industrial Production in Poland decreased 0.10 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Poland Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about Brazil Industrial Production Index Growth