Sales value of manufactured goods slightly down
Sales of manufactured goods from manufacturing, mining and quarrying fell 0.6 per cent from 2011 to 2012. The total value of manufacturing and mining was NOK 621 billion in 2012.
|2011||2012||Change in per cent|
|Value (1 000 NOK)||Value (1 000 NOK)||2011 - 2012|
|Manufacturing, mining and quarrying||625 023 134||621 202 177||-0.6|
|Mining and quarrying||9 497 433||9 310 596||-2.0|
|Manufacturing||615 525 701||611 891 581||-0.6|
The growth was strongest within construction of ships and oil platforms, with an increase of over 13 per cent. This equates to more than NOK 6 billion. The increase can be viewed in light of strong investments in the oil industry.
Closure of factories has contributed to a decline in the industry of paper and paper products by more than 20 per cent. Transport equipment was down on lower car sales in Europe and thus lower demand for parts to build new cars. For this industry, the decline was over 13 per cent from 2011 to 2012.
Overall, there were 12 industries that showed a decline in production sold from 2011 to 2012, while only five showed an increase.
Food, beverages and tobacco stable
The industry of food, beverages and tobacco showed an increase in sales of over 1 per cent from 2011 to 2012. A total of NOK 133 billion is the highest level of sales ever recorded for this industry.
Oil prices declined slightly from 2011 to 2012 and contributed to a fall in sales of nearly 2 per cent within the industry of oil refining, chemical and pharmaceutical products.
The tendency of trisection of the Norwegian manufacturing continues. Traditional export industry is struggling, food is stable and oil-related industries are strong.