Press Release

In 2019, manufacturing volume grew by 2 %

Data compiled by the Central Statistical Bureau (CSB) show that, compared to 2018, in 2019 manufacturing volume1 rose by 2 % (according to calendar adjusted data at constant prices). Mining and quarrying decreased by 5 %, electricity and gas supply – by 4.4 %, but industrial production output (which includes previously mentioned sectors) grew by 0.8 %.

Compared to the previous year, in 2019 growth in manufacturing was affected by output growth in manufacture of fabricated metal products, except machinery and equipment (of 13.5 %), in repair and installation of machinery and equipment (of 9.3 %), in manufacture of computer, electronic and optical products (of 8.8 %) and in manufacture of electrical equipment (of 16 %). In 2019, 10 out of 22 manufacturing sectors shown production output growth.

Compared to 2018, in 2019, drop, in turn, was recorded in manufacture of wearing apparel (of 5.5 %), manufacture of motor vehicles, trailers and semi-trailers (3.7 %) and manufacture of furniture (2.8 %).

Changes in manufacturing volume in 2019, compared to 2018
(as per cent, at constant prices, calendar adjusted)

Changes in manufacturing volume in 2019, compared to 2018

Compared to December 2019, in December 2019 industrial production volume decreased by 3.2 % (according to calendar adjusted data at constant prices). There was output drop in manufacturing (of 1.9 %), in mining and quarrying (of 5.3 %) and in electricity and gas supply – (of 5.7 %).

Compared to December 2018, the largest output drop was registered in manufacture of machinery and equipment (of 14.4 %), in manufacture of motor vehicles, trailers and semi-trailers (of 13.2 %) and in manufacture of textiles (of 9.6 %). Production output also fell in two manufacturing sectors having the largest share in the industrial production: manufacture of wood and of products of wood (of 5.2 %), manufacture of food products (of 0.3 %).

Growth, in turn, was recorded in manufacture of furniture (of 15.6 %), repair and installation of machinery and equipment (12.3 %) and manufacture of beverages (10.5 %).

Compared to November 2019, in December 2019 industrial production output fell by 0.3 % (according to seasonally adjusted data at constant prices), of which by 0.3 % in manufacturing and by 0.4 % in electricity and gas supply, but in mining and quarrying there was an increase of 6.5 %.

Changes in industrial production output
(as per cent, at constant prices)

 

Q4 2019, compared to

December 2019, compared to

Q3

2019 (seasonally adjusted)

Q4

2018 (calendar adjusted)

November 2019 (seasonally adjusted)

December 2018

(calendar adjusted)

Total production

-1.7

0.0

-0.3

-3.2

Mining and quarrying

2.9

-14.6

6.5

-5.3

Manufacturing

0.0

-0.1

-0.3

-1.9

Manufacture of food products

-0.1

-1.2

1.2

-0.3

Manufacture of beverages

9.1

7.1

10.3

10.5

Manufacture of textiles

-7.5

-9.6

-2.2

-9.6

Manufacture of wearing apparel

7.3

-0.6

-0.9

-0.8

Manufacture of wood and of products of wood and cork, except furniture

1.7

-2.0

-0.4

-5.2

Manufacture of paper and paper products

-4.5

3.4

-17.5

-5.4

Printing and reproduction of recorded media

0.5

5.8

-4.3

4.5

Manufacture of chemicals and chemical products

6.2

4.2

2.2

9.4

Manufacture of non-metallic mineral products

1.2

0.8

-0.6

-3.6

Manufacture of fabricated metal products, except machinery and equipment

-0.5

9.0

-1.4

2.4

Manufacture of computer, electronic and optical products

-1.0

2.4

6.6

7.0

Manufacture of electrical equipment

-6.3

-1.1

0.4

5.8

Manufacture of machinery and equipment

-3.6

-13.5

9.6

-14.4

Manufacture of motor vehicles, trailers and semi-trailers

-8.2

-16.4

1.1

-13.2

Manufacture of furniture

8.9

8.0

-4.4

15.6

Repair and installation of machinery and equipment*

-3.0

-3.0

8.5

12.3

Electricity and gas supply

-10.7

2.3

-0.4

-5.7

* repair and maintenance of ships and boats, repair of fabricated metal products, machinery and equipment, installation of industrial machinery and equipment

Manufacturing turnover2

Compared to 2018, in 2019 manufacturing turnover increased by 3.4 % (according to calendar adjusted data at current prices). It was affected by turnover on the domestic market by 4.5 % and in export by 2.8 % (increase in euro area – of 2.9 % and in non-euro area – of 2.7 %).

In December 2019, compared to December 2018, manufacturing turnover reduced by 3.2 % (according to calendar adjusted data). Turnover drop was recorded in export – of 6 % (of which in non-euro area – of 12.9 %, but in euro area – increase of 4.1 %), while in domestic market turnover increased by 1.5 %.

Compared to November, in December 2019, manufacturing turnover fell by 1.9 % (according to seasonally adjusted data). Turnover on the domestic market decreased by 0.1 % and in export – by 2.9 % (of which, in non-euro area – by 5.8 %, but in euro area – increased by 0.4 %).

More information on seasonally adjusted, calendar adjusted and non-adjusted industrial production volume and turnover indices (including by sector) is available in the CSB database section Industry.

Methodological explanations

1The volume index of industrial production describes changes in the volume of industrial production during the reference period in comparison to the base period. The index is estimated by recalculating the production output indicator at constant prices with the help of producer price indices.

2The industrial turnover index measures the monthly development of market demand for industrial goods and services. It is calculated at current prices without excluding price influence. Unlike industrial goods that also include unfinished goods and goods in stock, turnover only includes the goods sold and industrial services provided.

Media requests:
Communication Section
E-mail:
media@csb.gov.lv
Phone: +371 67366989, +371 27880666

More information on data:
Mārīte Baranova
Industrial and Construction Statistics Section
E-mail:
Marite.Baranova@csb.gov.lv
Phone: +371 67366830

 

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