Production In 12 Departments Increased Above National Production In The First Quarter Of 2022

In the first quarter of 2022, the performance of the economic activity of twelve departments registered favorable developments, higher than the national economy, which grew by 3.8%. Among them, Ica (10.5%), Arequipa (8.2%), Cajamarca (5.8%) and Pasco (5.7%) stood out, due to mining, construction, manufacturing and transportation activities; likewise, Loreto (9.7%) and Cusco (5.1%), driven by the hydrocarbons, transportation, commerce and agriculture and livestock subsectors; Likewise, Tumbes (8.5%), Ucayali (5.3%), Lambayeque (5.0%), Huánuco (4.3%), Puno (4.0%) and Lima (3.9%), due to the impact of the agricultural, commerce and transportation sectors.

 

This was announced by the National Institute of Statistics and Informatics (INEI) in the technical report Departmental Productive Activity Indicator. Also, Junin (3.6%), Madre de Dios (3.4%), San Martin (2.2%), Apurimac (2.1%), La Libertad (1.7%), Amazonas (1.2%), Ancash (1.0%), Ayacucho (0.9%) and Tacna (0.6%) reported positive behaviors. Together, these departments contributed 93.8% of the national total. However, it decreased in Moquegua (-10.6%), Huancavelica (-2.4%) and Piura (-1.7%)

 

During the quarter under study, production in the department of Ica increased by 10.5%, making six quarters of positive performance, driven by the progress of mining activity, which recorded higher copper extraction in the company Shouxin Peru and silver in Nexa Resources Peru, added to the contribution of the company Marcobre with the Mina Justa project, which began operations in July 2021; gold production also grew in the company Vista Gold and lead in Nexa Resources Peru; however, the extraction of zinc and iron decreased. The good performance of the Construction sector was explained by the higher investment of Local Governments, such as the works in the multi-sports complex in the Amaprovi sector, district and province of Nasca, and works related to transportation infrastructure; and the National Government, with the rehabilitation and improvement of the Ica-Los Molinos-Tambillos highway. Likewise, in the Transportation sector, passenger and cargo land transportation services grew, encouraged by the "Ruta Segura Ica" guide that promotes tourist attractions (Paracas and Huacachina Lagoon)

 

The economy of the department of Loreto in the first quarter of 2022 rose by 9.7% and accumulated four consecutive quarters of growth, determined by the hydrocarbons subsector, due to the high exploitation of crude oil in the PetroTal company (lot 95) in well 10H, aided by the contribution of production from wells 9H and

8H, which were drilled in the second half of 2021; in addition, the level obtained by Perenco in lot 67.

The growth of the Transportation sector was reflected in the dynamism of air passenger transportation at the Coronel FAP Francisco Secada Vignetta International Airport (Iquitos), due to the growing demand for flights; river transportation; land transportation of cargo and passengers due to the mobilization of people on the occasion of the celebration of the Anniversary of Iquitos for its 158 years of Foundation as a River Port, associated with the progress of the vaccination against COVID-19; and transportation by pipeline. Meanwhile, the favorable result of the agricultural sector was supported by the increased production of banana, cassava, hard yellow corn, paddy rice and pineapple, as well as poultry, rice, rice and pineapple

 

In the first quarter of this year, production in the department of Arequipa increased by 8.2% and showed five quarters of continuous growth, explained by mining activity, which reported higher copper and molybdenum extraction at Sociedad Minera Cerro Verde; silver at Compañía de Minas Buenaventura, Minera Bateas and Minera Veta Dorada; followed by gold, lead and zinc. The Construction sector was driven by local government investment in transportation infrastructure works.

The construction of the Ayo-Andamayo highway in the districts of Aplao and Ayo, province of Castilla, which will reduce travel time. And the positive performance of the

Manufacturing was supported by the precious metals and non-ferrous metals industry (copper) and the manufacture of other non-metallic mineral products (cement)

 

The economy of the Department of Cajamarca in the first quarter of 2022 increased by 5.8%, registering a growth for five consecutive quarters, influenced by the Construction sector due to the physical progress of works of the Regional Government with the construction of Hospital II-1 of San Ignacio and Hospital II-2 of Jaén, together with the works of educational infrastructure, transportation and sanitation. The expansion of the Transportation sector was supported by the passenger land transportation

passenger land transportation, due to the dynamism of domestic tourism; road cargo transportation, associated with the economic reactivation; and passenger air transportation, due to the increased number of flights at Major General FAP Armando Revoredo Iglesias and Jaén airports. Likewise, mining activity increased, driven by the high extraction of copper at Gold Fields La Cima and gold at Gold Fields La Cima, Shahuindo, Minera Yanacocha and Minera La Zanja.

 

During the first quarter of 2022, the production level of the department of Cusco increased by 5.1%, maintaining its growth rate for the second consecutive quarter, determined by the hydrocarbons subsector due to the increased exploitation of natural gas in the companies Pluspetrol Peru (lots 56 and 88) and Repsol (lot 57), associated to the growing demand for thermoelectric generation in the domestic market; and natural gas liquids in the lots of

demand for thermoelectric generation in the domestic market; and natural gas liquids in lots 88 and 57.

88 y 57. The Transportation sector was boosted by natural gas pipeline transportation services; air passenger transportation due to the reactivation of tourism, in addition to early flight booking promotions and family vacations; railroad transportation; and passenger and cargo transportation by land. Likewise, the favorable result of the Construction sector was reflected in the investment of Local Governments in works related to the improvement and expansion of the "Las Américas" Educational Institution in the district of Capacmarca in the province of Chumbivilcas and infrastructure in the Incahuasi and Pucyura health centers in the province of La Convención.

 

The economy of the department of Lima increased by 3.9% in the quarter under analysis and accumulated a favorable result for five consecutive quarters, driven by the commerce sector, especially wholesale sales of other household goods, such as household appliances, pharmaceuticals, food supplements, cosmetics and toiletries

household appliances, such as household appliances, pharmaceuticals, food supplements, cosmetics and toiletries; and wholesale sales of textiles, clothing and footwear, due to the increased distribution of textiles in shopping centers and stores. In the Transportation sector, air transport services for passengers and cargo had an impact

and cargo, due to the significant number of flights; as well as land transportation of passengers and cargo, due to the mobilization of people due to the gradual return to on-site work and the large influx of people to commercial stores and recreation centers. Similarly, in the manufacturing sector, the industries related to cement manufacturing and the processing and processing of cement increased.

cement manufacturing and meat processing and preservation (poultry and pork).

 

In the first quarter of 2022, production in the department of Moquegua decreased by 10.6%, showing a negative performance for two consecutive quarters, influenced by the reduction in mining activity, reflected in the low volumes of copper and molybdenum extraction at Southern Peru Copper Corporation, as a consequence of the stoppage of operations at the Cuajone mine, which began in February

This was influenced by the reduction in mining activity, reflected in the low volumes of copper and molybdenum extraction at Southern Peru Copper Corporation, as a consequence of the stoppage of operations at the Cuajone mine, which began on February 28, 2022, due to the blockage of the railroad that hindered the transportation of ore and supply of materials, as well as the interruption of the water supply to homes and the mining camp; silver and gold extraction showed a similar behavior. The drop in the Construction sector was explained by the lower investment by the National Government in works on the Moquegua-Arequipa departmental road network and by the Regional Government in educational infrastructure works. Likewise, the Fishing sector contracted due to the decrease in the anchovy catch in the port of Pacocha; and the landing of resources for canning, mainly in the port of Ilo.