Beverage output boosting manufacturing sector
Total beverage production increased to 290 234 hectolitres in August 2021, from 162 306 hectolitres produced in July 2021.
14 October 2021 | Economics
PHILLEPUS UUSIKU
During the second quarter of 2021, the manufacturing sector recorded a negative growth of 5.0%, although an improvement when compared to a contraction of 27.8% in the corresponding quarter of 2020.
The improved performance in the sector is attributed mainly to positive growth in the subsectors of beverages, diamond processing and fish processing on shore that registered massive growth of 58.6%, 52.7% and 13.4%, respectively, according to the Namibian Statistics Agency (NSA).
The beverages sectoral report for the month of August 2021 indicated that total beverage production increased to 290 234 hectolitres, from 162 306 hectolitres produced in July 2021, while a total of 207 137 hectolitres was produced in the corresponding month of 2020.
The total alcoholic beverages produced in August 2021 was 177 900 hectolitres compared to 121 074 hectolitres produced in July 2021, while the total non-alcoholic beverages produced in August 2021 stood at 112 334 hectolitres compared to 41 232 hectolitres produced in July 2021, NSA pointed.
Given these developments, the composite index for beverages consisting of alcoholic and non-alcoholic beverages increased by 78.8% month on month, compared to a reduction of 30.1% recorded in July 2021.The index recorded a growth of 40.1% year on year, NSA said.
Trade
Namibia exported 832 hectolitres of non-alcoholic beverages in August 2021 compared to 463 hectolitres in July 2021. South Africa accounted for most of the exports with 71.3% followed by Zimbabwe (16.9%) and Angola (8.5%).
While, on the import side, 31 532 hectolitres of non-alcoholic beverages were imported in August 2021 compared to 23 101 hectolitres in July 2021. South Africa was the main source market of import accounting for 94.6% followed by Germany with 3.4%. Other countries accounted for 2.0%.
In addition, Namibia exported 50,823 hectolitres of alcoholic beverages compared to 10 866 hectolitres in July 2021. South Africa received 96.0% of alcoholic beverages exported followed by Zambia and Kenya (1.6 %).
On the demand side, 47 079 hectolitres of alcoholic beverages were imported in August 2021 compared to 39 954 hectolitres in July 2021. The main supplier of the alcoholic beverages in August 2021 was South Africa accounting for 96.9% of the imports and other countries accounting for 3.1%.
During the second quarter of 2021, the manufacturing sector recorded a negative growth of 5.0%, although an improvement when compared to a contraction of 27.8% in the corresponding quarter of 2020.
The improved performance in the sector is attributed mainly to positive growth in the subsectors of beverages, diamond processing and fish processing on shore that registered massive growth of 58.6%, 52.7% and 13.4%, respectively, according to the Namibian Statistics Agency (NSA).
The beverages sectoral report for the month of August 2021 indicated that total beverage production increased to 290 234 hectolitres, from 162 306 hectolitres produced in July 2021, while a total of 207 137 hectolitres was produced in the corresponding month of 2020.
The total alcoholic beverages produced in August 2021 was 177 900 hectolitres compared to 121 074 hectolitres produced in July 2021, while the total non-alcoholic beverages produced in August 2021 stood at 112 334 hectolitres compared to 41 232 hectolitres produced in July 2021, NSA pointed.
Given these developments, the composite index for beverages consisting of alcoholic and non-alcoholic beverages increased by 78.8% month on month, compared to a reduction of 30.1% recorded in July 2021.The index recorded a growth of 40.1% year on year, NSA said.
Trade
Namibia exported 832 hectolitres of non-alcoholic beverages in August 2021 compared to 463 hectolitres in July 2021. South Africa accounted for most of the exports with 71.3% followed by Zimbabwe (16.9%) and Angola (8.5%).
While, on the import side, 31 532 hectolitres of non-alcoholic beverages were imported in August 2021 compared to 23 101 hectolitres in July 2021. South Africa was the main source market of import accounting for 94.6% followed by Germany with 3.4%. Other countries accounted for 2.0%.
In addition, Namibia exported 50,823 hectolitres of alcoholic beverages compared to 10 866 hectolitres in July 2021. South Africa received 96.0% of alcoholic beverages exported followed by Zambia and Kenya (1.6 %).
On the demand side, 47 079 hectolitres of alcoholic beverages were imported in August 2021 compared to 39 954 hectolitres in July 2021. The main supplier of the alcoholic beverages in August 2021 was South Africa accounting for 96.9% of the imports and other countries accounting for 3.1%.
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