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Manufacturing turnover grew in 2013
statistikk
2014-02-07T10:00:00.000Z
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
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Turnover in oil and gas, manufacturing, mining and electricity supply, December 2013

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Manufacturing turnover grew in 2013

Total turnover increased by 3.5 per cent in 2013. The increase was 6.3 per cent in the domestic market, while exports declined by 0.8 per cent.

Turnover. Percentage change and NOK millionPublished 7 February 2014
Seasonally adjustedCalendar adjusted1Unadjusted
Monthly changeThree-month changeTwelve-month changeNOK million
December 2013 / November 2013October 2013 - December 2013 / July 2013 - September 2013December 2013 / December 2012December 2013
1Adjusted for working-days and for public holidays in Norway.
Extraction, mining, manufacturing and elec1.6-0.56.1150 334
Extraction and related services2.71.68.865 749
Mining and quarrying-6.619.3-5.2882
Manufacturing0.7-1.94.168 756
Food, beverages and tobacco5.2-0.15.016 582
Refined petro., chemicals, pharmac.-2.0-7.7-3.911 437
Basic metals2.30.3-2.93 735
Machinery and equipment-6.6-0.820.28 980
Ships, boats and oil plattforms12.5-8.015.26 149
Electricity, gas and steam2.2-2.95.214 948

Source: Statistics Norway

The turnover in Norwegian manufacturing increased from 2012 to 2013 as a result of higher sales in the home market. Industries that deliver to the oil and gas sector had a solid increase in turnover in 2013. The industries machinery and equipment and repair and installation had an annual growth of 22.4 and 13.7 per cent respectively. Food industries also reported a 6.3 per cent growth in turnover. For these industries, the increase in turnover was mainly from the domestic market. For building of ships, boats and oil platforms and oil refining, chemical and pharmaceutical industry, turnover was almost unchanged from 2012 to 2013.

Annual change: metal and paper fell in 213

Although there was an increase in turnover in 2013, some of the industrial sectors showed a negative trend. Basic metals, paper and paper products fell by 9.8 and 6.5 per cent respectively. The decline was due to both lower market prices and production volumes. The reduced turnover in the export market was the main reason for the decline for these industries.

Three-month change: decline in manufacturing turnover in the 4th quarter of 2013

Seasonally-adjusted figures show that the manufacturing turnover fell 1.9 per cent in the 4th quarter of 2013 compared with the previous quarter. The decrease was due to lower turnover from the domestic market, while the export market showed an increase in the last quarter of 2013. The largest contribution to the decline came from oil refining, chemical and pharmaceutical industries with a decline of 7.7 per cent. Building of ships and oil platforms declined 8 per cent. There was also a significant decline in the repair and installation of machinery industry. The basic metals and food, beverages and tobacco industry stayed almost unchanged. Wood and wood products and fabricated metal products had a growth of 2.0 and 1.7 percent respectively.

Monthly change: slight increase from November to December 2013

Total turnover rose 0.7 per cent from November to December 2013, according to seasonally-adjusted figures. Building of ships and oil platforms as well as repair and installation of machinery showed an increase over the past month in 2013. The food industry and basic metal industry also contributed to the growth.

In the opposite direction, machinery and equipment and fabricated metal products both had a declining turnover. Refined petroleum, chemical and pharmaceutical industries and fabricated metal products also edged down in December 2013.

Monthly change: turnover growth in the euro zone in November 2013

Norwegian manufacturing turnover went down 0.3 per cent from October to November 2013, according to seasonally-adjusted figures. In the same period, manufacturing turnover in the euro area was up 2.1 per cent, according to Eurostat .