Decrease in industrial production was mainly affected by energy and mining

News
Posted on 31 January 2020, 10:00

According to Statistics Estonia, in 2019, the production of industrial enterprises decreased by 2% compared to the previous year. Production increased only in manufacturing, by 2%.

In 2019, of the 23 manufacturing activities, 11 exceeded their 2018 production levels. Among the branches with larger shares, production fell in the manufacture of wood, fabricated metal products and electrical equipment. Growth was registered in the manufacture of food, computers and electronic products.

67% of the total production of manufacturing was sold to the external market in 2019. Compared to 2018, exports increased by 3%, while sales to the domestic market fell by 1%.

In December 2019, compared to December 2018, the production of industrial enterprises decreased by 10%. The production in manufacturing fell by 6%, production of electricity by 38% and production of heat by 14%.

In December 2019, compared to November, the seasonally adjusted total industrial production decreased by 2% and the production of manufacturing by 1%.

Change in volume index of industrial production, December 2019
(Percentages)
Economic activity Change on previous month according to seasonally adjusted dataa Change on same month of previous year
according to unadjusted data according to working-day adjusted datab
TOTAL -2.4 -7.8 -10.0
Energy production -4.6 -25.9 -25.9
Mining -2.7 -33.1 -33.1
Manufacturing -0.7 -3.7 -6.2
manufacture of wood and wood products 5.6 1.3 -1.1
manufacture of food products -0.9 2.8 0.8
manufacture of computers, electronic and optical products -0.4 -11.8 -14.0
manufacture of fabricated metal products -2.3 -2.4 -5.6
manufacture of electrical equipment -2.4 6.5 2.5
manufacture of furniture -0.6 -9.0 -12.3
manufacture of motor vehicles -5.1 -19.5 -21.4
manufacture of building materials -3.5 -6.8 -9.3
manufacture of machinery and equipment -3.4 -7.5 -10.5
manufacture of chemical products 4.7 -15.9 -18.0

a 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.

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

The statistics are based on the questionnaires “Industry”, the submission date of which was 17 January 2020, and “Energy production, sales and fuel consumption”, the submission date of which was 11 January  2020. Statistics Estonia published the monthly overview in 9 working days. For the statistical activity “Production indices”, the main representative of public interest is the Ministry of Economic Affairs and Communications, commissioned by whom Statistics Estonia collects and analyses the data necessary for conducting this statistical activity.