North Macedonia: manufacture of food products production value 2020

The production value of the food product manufacturing industry in North Macedonia increased by 28.1 million euros (+4.73 percent) in 2020 in comparison to the previous year. Therefore, the production value in North Macedonia reached a peak in 2020 with 621.9 million euros.
The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.

Find more statistics on the food product manufacturing industry in North Macedonia with key insights such as number of enterprises and number of employees.

Production value of the food products manufacturing sector in North Macedonia from 2012 to 2020 (in million euros)

Characteristic	Production value in million euros
2020p	621.9
2018	593.8
2017	562.2
2016	571.8
2015	569.7
2014	535.2
2013	540.6
2012	574.6

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Release date

March 2023

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Region

North Macedonia

Survey time period

2012 to 2020

Supplementary notes

p: Provisional value.
The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value.
Data coverage corresponds to Section C10 of NACE Rev2.

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