In March 2022, the seasonally adjusted index of industrial production increased by 3.6 percent over the previous month. When compared to March 2021, the working-day adjusted index of industrial production fell by 0.1 percent.

Monthly comparison

After adjusting for seasonal effects and the working-day pattern, the index of industrial production increased by 3.6 percent between February and March 2022. Increases were registered in the production of energy (8.5 percent), consumer goods (4.9 percent) and capital goods (2.6 percent). The production of intermediate goods decreased by 0.3 percent.

Annual comparison

In March 2022, the total production generated by the Maltese manufacturing, energy, and mining and quarrying industries went down by 0.1 percent when compared to March 2021. The production of consumer goods and intermediate goods decreased by 7.8 percent and 1.8 percent respectively whilst that of energy and capital goods increased by 15.1 percent and 5.9 percent respectively. 

 

 

 

 

 

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Total inbound tourists for March 2022 were estimated at 110,938 , while total nights spent amounted to 739,194.

During the month under review, a total of 95,395 inbound tourists visited Malta for holiday purposes, followed by 8,562 tourists for business purposes. The largest share of inbound tourists were aged between 25-44 (41.3 percent), followed by the 45-64 age bracket (30.2 percent). French, German and Italian residents made up 33.6 percent of total inbound tourists.

The largest share of guest nights (83.9 percent) was spent in rented accommodation establishments. The average length of stay of total inbound tourists stood at 6.7 nights.

Total tourist expenditure surpassed €80.1 million. The average expenditure per night was estimated at €108.4 

January-March 2022

Inbound tourists for the first quarter of 2022 amounted to 235,295, while the total nights spent surpassed 1.8 million nights.

Total tourist expenditure was estimated at €167.1 million. Total expenditure per capita stood at €710, decreasing from €916 in 2021.

 

 

 

 

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The number of final deeds of sale relating to residential property amounted to 1,109 during April 2022, a decrease of 76 deeds when compared to those registered a year earlier. In April 2022, 1,018 promise of sale agreements relating to residential property were registered, a decrease of 410 agreements over the same period last year. 

This news release presents provisional data on residential property sale transactions based on the date of registration with the tax authority.

Final deeds of sale

In April 2022, the number of final deeds of sale relating to residential property amounted to 1,109, a 6.4 percent decrease when compared to those registered a year earlier (Table 1a). The value of these deeds totalled €233.0 million, 3.8 percent lower than the corresponding value recorded in April 2021.

In the month under review, 1,026, or 92.5 percent, of these final deeds of sale involved individual buyers (households), with companies accounting for virtually all the rest (Table 1b). The value of the deeds involving individual buyers (households) amounted to €207.2 million, equivalent to 88.9 percent of the total value.

With regard to the region the property is situated in, the highest numbers of final deeds of sale were recorded in the two regions of Għawdex, and Ħaż-Żabbar, Ix-Xgħajra, Iż-Żejtun, Birżebbuġa, Marsaskala and Marsaxlokk, at 184 and 164 deeds respectively. The lowest numbers of deeds were noted in the region of Il-Birgu, L-Isla, Bormla and Il-Kalkara, and the region of Ħ’Attard, Ħal Balzan, L-Iklin and Ħal Lija. In these regions, 17 and 35 deeds were recorded respectively.

Promise of sale agreements

In April 2022, 1,018 promise of sale agreements relating to residential property were registered, equivalent to a 28.7 percent decrease over the previous year (Table 4a). Individual potential buyers (households) accounted for 951, or 93.4 percent, of these agreements, while the rest mainly involved companies.

The largest numbers of promise of sale agreements corresponded to residential properties situated in the two regions of Għawdex, and Il-Mellieħa and San Pawl Il-Baħar, totalling 140 and 130 agreements respectively. The lowest numbers were noted in respect of properties located in the region of Il-Birgu, L-isla, Bormla and Il-Kalkara, and the

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In 2021, registered business units amounted to 133,156, an increase of 1.2 percent over 2020.

This news release shows the demographic patterns of registered business units in Malta and their evolution over time.

In 2021, registered units within the statistical business register amounted to 133,156, an increase of 1.2 percent, or 1,521 registered units, over 2020. Registered units in Wholesale and retail trade (Section G) accounted for 14.3 percent of the total registered units in 2021; Financial and insurance activities accounted for 13.4 percent; Professional, scientific and technical activities (Section M) accounted for 13.1 percent; and Administrative and support service activities (Section N) accounted for 8.1 percent.

Most of the business units (97.4 percent) employed 0-9 persons (micro). The population of small (10-49) and medium (50-249) businesses accounted for 2,766 (2.1 percent) and 549 (0.4 percent) units respectively. The large businesses which employ over 250 amounted to 134 (0.1 percent). The number of registered units that employed 0-9 persons, increased by 1,284 units, an increase of 1.0 percent, when compared with 2020. The registered units that employed between 10 and 49 persons, increased by 241 units, an increase of 9.5 percent, when compared with 2020.

In 2021, 53.5 percent of the registered units were sole owners or partnerships, 42.5 percent were limited liability or public limited companies, while 4.0 percent were governmental, non-profit or other types of legal organisations.

New registrations in 2021 amounted to 11,888 units, whilst deregistrations amounted to 8,603 units.

 

 

 

 

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Provisional figures for registered trade in goods in Malta recorded a deficit of €246.3 million during March 2022, compared to a deficit of €180.3 million in the corresponding month of 2021.

Total Trade in Goods: March 2022

Data in this news release presents all international trade in goods registered up to the indicated cut-off date. Provisional data recorded a total trade in goods deficit of €246.3 million during March, compared to a deficit of €180.3 million in the corresponding month of 2021. Imports amounted to €553.5 million, while exports totalled €307.2 million. This represents an increase of €80.6 million and €14.7 million, respectively, over the same month of the previous year. The rise in the value of imports was primarily due to Machinery and transport equipment (€95.5 million). On the exports side, the main increases were registered in Machinery and transport equipment (€24.1 million), and Chemicals (€9.6 million), partly offset by a decrease in Miscellaneous manufactured articles (€21.9 million) 

Total Trade in Goods: January-March 2022

During the first quarter of the year, the total trade in goods deficit widened by €245.0 million when compared to the corresponding period of 2021, reaching €640.6 million. Imports and exports increased by €406.5 million and €161.4 million, respectively, and amounted to €1,636.9 million and €996.3 million. Higher imports were mainly recorded in Machinery and transport equipment (€147.1 million), Mineral fuels, lubricants and related materials (€144.1 million), and Chemicals (€48.7 million). On the exports side, Mineral fuels, lubricants and related materials (€119.0 million), Food (€31.1 million), Chemicals (€23.1 million), and Semi-manufactured goods (€20.3 million) accounted for the main increases, partly offset by a decrease in Machinery and transport equipment (€24.5 million). 

Goods were imported mainly from the European Union (55.0 percent) and Asia (21.8 percent). Similarly, exports were mostly directed to the European Union (30.1 percent) and Asia (16.4 percent). The main increase and decrease in imports were registered from Italy (€108.2 million) and France (€80.9 million), respectively. With respect to exports, the main increase was directed to the United

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Total cruise passenger traffic during the first quarter of 2022 amounted to 25,200.

There were 23 cruise liner calls during the first quarter of 2022, an increase of 14 when compared to the corresponding quarter of the previous year. Transit passengers accounted for the absolute majority of total traffic, reaching 24,559. On average, every vessel that berthed in Malta carried 1,096 passengers, 211 more than the previous year. 

Passengers from EU Member States made up 79.1 percent of total traffic. The major markets were Germany, accounting for 28.2 percent of the total passengers, followed by Italy, with 18.3 percent. The total number of passengers from Non-EU countries stood at 5,276, of whom 38.9 percent came from the United States and 37.3 percent came from the United Kingdom. On a gender basis, female passengers made up 52.5 percent of the total. The largest share of passengers fell within the 40-59 age bracket and were followed by those aged between 60 and 79 years.

 

 

 

 

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