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/en/energi-og-industri/statistikker/ogibkoms/arkiv
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Capital goods with strongest increase in turnover
statistikk
2008-05-08T10:00:00.000Z
Energy and manufacturing;Energy and manufacturing
en
ogibkoms, Turnover in oil and gas, manufacturing, mining and electricity supply, industrial turnover, domestic market, export market, valueEnergy , Oil and gas , Manufacturing, mining and quarrying , Energy and manufacturing
false

Turnover in oil and gas, manufacturing, mining and electricity supplyMarch 2008

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Capital goods with strongest increase in turnover

Total turnover in Norwegian manufacturing increased by 5.9 per cent from the last quarter 2007 to the first quarter 2008, according to seasonally adjusted figures. Capital goods showed the strongest growth in this period.

Index of turnover for manufacturing January 1999 - March 2008, 1998=100

Total turnover rose by 7.2 per cent in the domestic market and 2.0 per cent in the export market according to seasonally adjusted figures. Growth in industrial turnover is related to the positive price development within Norwegian industry. For more information on price developments in the manufacturing industry, see the Producer price index . There has also been an increase in volume by 1.0 per cent according the Index of Production .

All main industrial groupings showed an increase in turnover in the first quarter of 2008 according to seasonally adjusted figures. It was capital goods that took the lead with an increase of 14.4 per cent. The turnover in the domestic marked for this grouping went up by a strong 18.8 per cent.

The positive development in capital goods is attributed to an increase in turnover for industries like machinery and equipment n.e.c, oil platforms and modules and transport equipment. Oil platforms showed a solid increase by 38.1 per cent from last quarter 2007 to first quarter 2008. Machinery and equipment n.e.c went up by 8.0 per cent and transport equipment increased its turnover by 6.8 per cent. This last group had a significant 13.8 per cent increase in turnover within the domestic market, while the export market had a decrease by 10.2 per cent.

The turnover of intermediate goods rose by a modest 0.5 per cent in the same period. The industries that showed positive results were fabricated metal products, other non-metallic mineral products, rubber and plastics products and basic chemicals. Refined petroleum products and chemicals and basic metals had, on the other hand, a drop in their turnover.

The total turnover of consumer goods increased by 1.7 per cent from last quarter 2007 to the first quarter 2008, the main reason being the increased turnover of food products, beverages and tobacco, which rose by 3.1 per cent.

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. March 2008
  Original series1. January-March 2008 Changes in per cent. January-March 2007-January-March 2008 Original series1. March 2008 Changes in per cent. March 2007-March 2008 Changes in per cent. Seasonally adjusted. October-December 2007-Januar 2008-March 2008
The overall turnover  401 237 13.0  133 944 4.3 5.7
           
Oil and Gas Extraction  165 154 23.6 57 191 25.8 7.6
Manufacturing  201 108 2.3 66 116 -11.5 5.9
Hjemmemarked  119 217 -0.1 40 624 -12.9 7.2
Eksportmarked 81 891 6.1 25 492 -9.2 2.0
Electricity, Gas and Steam Supply 32 471 43.9 9 719 33.0 1.7
           
Main industrial groupings          
Intermediate goods 72 759 -3.4 23 507 -15.6 0.5
Capital goods 59 807 5.8 20 586 -13.0 14.4
Consumer goods 49 613 -2.6 15 660 -13.9 1.7
Energy goods  219 057 27.0 74 191 26.3 5.9
1  NOK million.