Production decreased in most manufacturing activities

News
Posted on 30. September 2020 8:00

According to Statistics Estonia, in August 2020, the production of industrial enterprises decreased by 5% compared to August 2019. Production decreased in manufacturing but increased in energy and mining.

According to Helle Bunder, analyst at Statistics Estonia, manufacturing production decreased by 6% compared to last year’s August. “The volume of production decreased equally in June, but July was a positive exception during the coronavirus pandemic, as the production volume was the same as the year before,” added Bunder.

Two thirds of manufacturing activities recorded a decline in production volumes. Among the activities with the largest shares, the biggest decreases were seen in the manufacture of metal products and electrical equipment, with production falling by 19% and 8%, respectively. Production increased by a fifth in the manufacture of computers and electronic products and by 6% in the manufacture of wood and products of wood.

67% of the total production of manufacturing was sold to the external market. The share of sales for export was largest in the manufacture of computers and electronic products. According to unadjusted data, the sales of manufacturing production for export decreased by 5% and sales to the domestic market by 9% year on year.

In August, compared to July, the seasonally adjusted total industrial production decreased by 2% and the production of manufacturing by 3%.

In energy production, the production of electricity increased by 30% and the production of heat of remained at the level of August 2019.

The volume index and trend of production in manufacturing, January 2010 – August 2020 (2015 = 100)

Change in volume index of industrial production, August 2020 (percentages)
Economic activity Change on previous month according to seasonally adjusted data* Change on same month of previous year
according to unadjusted data according to working-day adjusted data**
TOTAL

-2.1

-7.6

-5.4

Energy production

15.4

17.3

17.3

Mining

9.1

1.2

1.2

Manufacturing

-3.2

-8.8

-6.4

..manufacture of wood and wood products

1.3

4.1

5.9

..manufacture of food products

-0.3

-3.9

-2.0

..manufacture of computers, electronic and optical products

9.3

17.2

20.0

..manufacture of fabricated metal products

-8.0

-21.9

-19.4

..manufacture of electrical equipment

-8.6

-11.1

-7.5

..manufacture of furniture

2.7

-0.4

2.9

..manufacture of motor vehicles

-0.9

-20.4

-18.3

..manufacture of building materials

3.2

-13.4

-11.0

..manufacture of machinery and equipment

11.1

0.8

4.2

..manufacture of chemical products

7.2

11.7

14.5

The impact of different number of working days in a month and seasonally recurring factors has been eliminated. It is calculated only in comparison with the previous period.

**  The impact of different number of working days in a month has been eliminated. It is calculated only in year-on-year comparisons.


Statistics Estonia performs the statistical activity “Production indices” for the Ministry of Economic Affairs and Communications with the aim to determine the economic situation in Estonia.

More detailed data have been published in the statistical database.

 

For further information:

Kadri Kütt
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181