Sales value of manufactured goods up
Sales of manufactured goods from manufacturing, mining and quarrying were up 2.4 per cent from 2012 to 2013. The total value of manufacturing and mining was NOK 657 billion.
|2012||2013||Change in per cent|
|Value (1 000 NOK)||Value (1 000 NOK)||2012 - 2013|
|Manufacturing, mining and quarrying||641 576 856||657 255 141||2.4|
|Mining and quarrying||9 355 673||9 483 058||1.4|
|Manufacturing||632 221 183||647 772 083||2.5|
Sales were greatest in the machinery and equipment industry, with a growth of over 19 per cent, or NOK 11 billion. The value was NOK 69 billion; nearly NOK 20 billion higher than the low of 2011.
Major growth was seen in repair, installation of machinery with an increase of 14.9 per cent or NOK 5.2 billion. Building of ships and oil platforms increased from 2012 to 2013 by 14.5 per cent to NOK 9.6 billion. These two industries are closely linked in the way these statistics are compiled, and activity in an enterprise can be in both these industries or switch between these two industries.
Basic metals declined by almost 30 per cent, but this is only a technical change in the way Statistics Norway uses these numbers. Of the NOK 16.3 billion decrease, about NOK 12 billion is a direct result of the change in the way this production is measured. See the explanation below.
Overall, there were 13 industries with an increase in sold production from 2012 to 2013, and only four showed a decline.
Food, beverages and tobacco greatest
Food, beverages and tobacco showed an increase in sales of about 1.5 per cent from 2012 to 2013, to NOK 138 billion. This is the highest level observed in these statistics.
Oil refining, chemical and pharmaceutical industries showed a decline of just over 1.5 per cent, or NOK 2.2 billion, and this is the second consecutive year of decline. Part of the explanation may lie in the decline in oil prices from 2012 to 2013.