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92702
Fall in new orders
statistikk
2013-05-07T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles
en
osi, Index of orders in manufacturing (discontinued), new orders, order reserve, domestic market, export marketBusiness cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of orders in manufacturing (discontinued), Q1 2013

Statistics Norway has decided to stop the publication of the Index of orders in manufacturing from the first quarter of 2018. One reason for this was that the statistic previously was a part of Eurostat's regulation for short-term statistics, but this requirement was removed from the regulation in 2012. However, indicators for new orders and stock of orders are available in Business tendency survey for manufacturing, mining and quarrying.

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Fall in new orders

New orders received fell from the fourth quarter of 2012 to the first quarter of 2013, while unfilled orders remained almost unchanged.

Index of orders. 2005=100Published 7 May 2013
Change in per centIndex of value
1st quarter 2013 / 4th quarter 20121st quarter 2013 / 1st quarter 20121st quarter 2013
New orders received:
Manufacturing working on new orders-2.44.3130.9
Domestic market9.119.0141.8
Export market-13.2-8.9120.1
 
Chemical and pharmaceutical products16.6-9.9128.7
Basic metals-14.2-28.484.8
Machinery and equipment-25.76.2164.0
Ships, boats and oil plattforms27.051.3166.5
 
Stock of orders:
Manufacturing working on new orders0.817.1195.3
Domestic market5.832.8188.5
Export market-3.84.7202.5
 
Chemical and pharmaceutical products9.0-19.373.9
Basic metals-12.1-18.061.9
Machinery and equipment3.534.3426.8
Ships, boats and oil plattforms7.738.9213.6

Source: Statistics Norway

New orders received and unfilled orders. Unadjusted. 2005=100

New orders received decreased by 2.4 per cent. This was due to a clear downturn in the export market. This development applies to industries such as machinery and equipment as well as repair and installation. Basic metals also fell. This was significant for non-ferrous metals since both demand and prices for aluminium had decreased in this period.

Conversely, new orders to producers of ships, boats and oil platforms increased by 26.2 per cent. In addition, new orders for chemicals and pharmaceuticals went up by 16.5 per cent.

Unfilled orders grew by just 0.8 per cent. Industries with a larger increase in unfilled orders were building of ships, boat and oil platforms and machinery and repair.

Growth from first quarter 2012

New orders received rose by 3.9 per cent from the first quarter last year. Industries related to the oil and gas industry were the main contributors to this result. Meanwhile, unfilled orders were up by 15 per cent in this period.