Increase in manufacturing turnover
Energy and manufacturing;Energy and manufacturing
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

Turnover in oil and gas, manufacturing, mining and electricity supplyJanuary 2010



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Increase in manufacturing turnover

The turnover in Norwegian manufacturing increased by 2.1 per cent from November 2009 to January 2010 compared to the previous three-month period, according to seasonally adjusted figures. Turnover within the export market increased by 4.3 per cent, and the home market by 1.7 per cent in the same period.

Index of turnover for manufacturing. Seasonally adjusted. Three-month average 2001-2010

Index of turnover for manufacturing January 2001-January 2010, 2005=100

The industry related to building of ships, boats and oil platforms contributed with a 14.7 per cent increase. Several deliveries of large projects from November 2009 to January 2010 ensured an increase in turnover despite the strong drop in both stocks and new orders in manufacturing (see Statistics of new orders ). Refined petroleum, chemicals and pharmaceuticals went up by 9.2 per cent, while basic metals increased by 2.1 per cent. The increase within these industries can be explained by the increase in production volume in the last three-month period (see the index of production ).

Conversely, industries that had a fall in turnover included machinery and equipment and repair and installation of machinery, down 2.8 and 2.3 respectively. Computer and electrical equipment also went down, showing a 4.5 per cent decrease.

Moderate decrease in turnover from December 2009 to January 2010

The total turnover in Norwegian manufacturing dropped 0.6 per cent from December 2009 to January 2010, according to seasonally adjusted figures. The largest fall was within repair and installation of machinery, down 18.4 per cent. Rubber, plastics and mineral products, which produce mainly for the building and construction industry, showed a reduction in production volume of 9.5 per cent (see producer price index ). This reduction is mainly due to the particularly cold weather in January. As a result, the turnover for this group fell to 8.0 per cent. In addition, fabricated metal products had a drop of 5.8 per cent in turnover last month.

Decrease in turnover compared to January 2009

Unadjusted figures show a 4.2 per cent fall in total turnover in January 2010 compared to January 2009. Repair and installation of machinery had the strongest drop of 21.0 per cent, followed by machinery and equipment with a fall of 18.6 per cent. Both industrial groupings are strongly influenced by the decreased in new orders as a consequence of the falling demand within their markets.

Among industrial groupings that buffered the fall, were refined petroleum, chemicals and pharmaceuticals and basic metals with a rise of 5.4 and 6.4 per cent respectively. An increase in production volume can partially explain the result within these industries.

Norway and the Euro area

Unadjusted figures show that there was a 0.3 per cent increase in Norwegian manufacturing turnover from December 2008 to December 2009. Manufacturing turnover in the Euro area dropped 3.0 per cent in the same period, according to figures published by Eurostat .

Statistics on turnover of oil and gas extraction, mining and quarrying, manufacturing, electricity and gas supply. January 2010
  Original series.1
January 2010
   Changes in per cent.
January 2009-
January 2010
   Original series.1
January 2010
   Changes in per cent.
January 2009-
January 2010
   Changes in per cent.
Seasonally adjusted.
August 2009-October 2009-
November 2009-January 2010
The overall turnover  119 335 -4.7  119 335 -4.7 5.2
Extraction and related services 45 295 -10.4 45 295 -10.4 4.2
Manufacturing, mining and quarrying 58 412 -4.0 58 412 -4.0 1.9
Domestic market 36 432 -6.2 36 432 -6.2 1.7
Export market 21 980 -0.1 21 980 -0.1 3.5
Electricity, Gas and Steam Supply 15 627 -13.2 15 627 -13.2 30.0
Main industrial groupings          
Intermediate goods 23 233 -4.4 23 233 -4.4 1.2
Capital goods 18 523 -10.4 18 523 -10.4 2.2
Consumer goods 15 504 -0.4 15 504 -0.4 -0.1
Energy goods 62 074 -4.0 62 074 -4.0 9.1
1  NOK million.