Industry

Industry is a field that deals with the extraction and processing of natural resources, the production of energy, machinery, equipment, tools and consumer goods, and the processing of agricultural products and goods produced by the industry itself.

In the context of economic statistics, economic indicators on mining, energy and manufacturing are published under the field of industry. All these activities are divided into subdivisions according to the Estonian classification of economic activities 2008 (EMTAK 2008). This classification is internationally comparable as it is based on the Statistical Classification of Economic Activities in the European Community (NACE Rev. 2)

Manufacturing deals with the mechanical, physical or chemical transformation or processing of materials, substances or components to make new products. The materials, substances or components transformed or processed are raw materials that are products of agriculture, forestry, fishing, mining or quarrying as well as products of other manufacturing activities. Manufacturing generally means the substantial alteration, renovation or reconstruction of goods. The output of a manufacturing process may be a finished product (i.e. ready for utilization or consumption) or a semi-finished product (i.e. an input for further manufacturing). Assembly of the component parts of manufactured products is also considered manufacturing. This includes the assembly of manufactured products from either self-produced or purchased components.

Mining and quarrying deals with the extraction of minerals occurring in nature in solid, liquid or gaseous form. Different extraction methods are used, such as underground or surface mining, well operation, seabed mining etc. This sub-field includes supplementary activities for the preparation of crude materials for marketing, such as crushing and grinding, cleaning, drying, sorting, concentration of ores, liquefaction of natural gas and agglomeration of solid fuels.

Energy is a sub-field that covers the activities of providing electric power, natural gas, steam, hot water and the like through a permanent infrastructure (network) of lines, mains and pipes.

In the subject area of industry, Statistics Estonia publishes data on the economic indicators of industry, industrial products and industrial production indices. All these areas are further divided into sub-areas (annual statistics and short-term statistics).

The unadjusted volume index of industrial production shows the change in the value of industrial production at constant prices compared to the base period. The producer price index is used for calculating the production values at constant prices.

The value index of industrial sales shows the change in the value of sold industrial production at current prices compared to the base period.

The seasonally adjusted volume index of industrial production shows the change in the volume of industrial production, which has not been influenced by seasonally recurring factors. It is calculated only in comparison with the previous period (month or quarter).

The working-day adjusted volume index of industrial production shows the change in the volume of industrial production taking into account the number of working days in a month. It is calculated only in comparison with the corresponding period of the previous year.

Sub-areas

In the sub-area annual economic indicators of industry, data on industrial production, industrial sales, sale to non-residents, assets, liabilities and equity, value added and productivity by economic activity are published.

In the sub-area short-term economic indicators of industry, productivity indicators by economic activity are published based on the quarterly accounts.

In the sub-area annual production indices, the volume indices of industrial production and value indices of industrial sales by economic activity are published.

In the sub-area short-term production indices, the following data are published: volume indices of industrial production, value indices of industrial sales (incl. export sales and domestic sales) and value indices of industrial new orders (export and domestic) by economic activity compared to the base year 2005. Indices for any desired period can be calculated from the chain index 2005 = 100 by dividing the index of the desired period by the index of the comparison period (see the examples).

In the sub-area annual industrial products, manufactured goods by quantity are published. Since 2009, the data published include products manufactured and sold by quantity and the value of sold production in euros based on the most detailed code in the list of industrial products. The list is available on the website of Statistics Estonia under the section “Metadata”> “List of classifications”> List of Products of the European Community (PRODCOM list).

In the sub-area short-term industrial products, only the quantities of main products manufactured in the current year by month (aggregated into larger groups than the annual statistics) are published. Data on the production of milk products are published under the field of Agriculture (“Economy”> “Agriculture”> “Agricultural production”> “Livestock production”), in the table AG19 “Production of milk products (months)”.