Analytics, Industry, Lithuania, Markets and Companies

Over the month, mining and quarrying and manufacturing production decreased by 0.5%, seasonally and working day adjusted – increased by 0.8%; the same changes were recorded for the manufacturing production.

Over the month, a decrease in production was observed for the manufacture of other transport equipment (53.8%), basic pharmaceutical products and pharmaceutical preparations (40.3%), motor vehicles, trailers and semi-trailers (31.2%), repair and installation of machinery and equipment (25.6%), manufacture of textiles (14.1%), machinery and equipment not elsewhere classified (9.8%).

In July 2015, against June, an increase in production was observed for the manufacture of leather and related products (18.1%), wearing apparel (11.8%), electrical equipment (7.3%), paper and paper products (6.5%).

Table 1. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %

In July 2015, against July 2014, industrial production increased by 4.6% at constant prices, working day adjusted – by 5.9%. Over the year, mining and quarrying and manufacturing production increased by 5.8%, working day adjusted – by 7%, of which manufacturing production increased by 6.1%, working day adjusted – by 7.2%.

In January–July 2015, industrial production totalled EUR 10.9 billion at current prices and compared to the same period of 2014, grew by 4.5% at constant prices, working day adjusted – by 4%. Over the said period, mining and quarrying and manufacturing production increased by 5.2%, working day adjusted – by 4.7%; of which manufacturing production increased by 5.4%, working day adjusted – by 4.9%.

Table 2. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %

In January–July 2015, against January–July 2014, the proportion of mining and quarrying and manufacturing sales and services on the non-Lithuanian market increased by 0.9%age points and stood at 64.8%, on the Lithuanian market – decreased by 0.9%age points and stood at 35.2%. The value of sales and services to non-euro area countries accounted for more than half (53.6%) of the total value of sales and services on the non-Lithuanian market.

In January–July 2015, against January–July 2014, the value of sales and services of industrial enterprises on the non-Lithuanian market decreased by 0.2% at current prices. The decrease was mainly influenced by an 11.7% drop in the sales of the production of enterprises engaged in the manufacture of food products, 5.5% – refined petroleum products, 9.9% – rubber and plastic products. Over the said period, the sales of the production of the manufacture of furniture grew by 15.8, wood and wood products, except for furniture, – 11.8, computer, electronic and optical products – 39.5, fabricated metal products, except machinery and equipment – 19.4%. The value of sales and services to euro area countries decreased by 2.5%, while to non-euro area countries – increased by 2% at current prices. Refined petroleum products excluded, the value of sales and services on the non-Lithuanian market increased by 1.8% at current prices.

In January–July 2015, against January–July 2014, the value of sales and services of mining and quarrying and manufacturing on the Lithuanian market decreased by 0.2% at current prices, refined petroleum products excluded – increased by 1.8% at current prices.

Structure of sales and services market of mining and quarrying; and manufacturing enterprises, January–July 2015

Mining and quarrying – B
Manufacturing – C

Concepts

Sales and services of industrial enterprises refers to income (VAT and excise excluded) received during a reference period through selling goods and providing services.

Industrial production refers to the value (VAT and excise excluded) of the sales of goods manufactured or manufacturing work carried out by an enterprise. For the calculation of changes in industrial production, a producer price index is used.

For more information, see the Database of Indicators.