Analytics, Industry, Lithuania, Markets and Companies
International Internet Magazine. Baltic States news & analytics
Saturday, 20.04.2024, 17:57
In May, industrial production in Lithuania decreased by 0.2% y-o-y
Print version
Mining and quarrying, manufacturing production, seasonally and calendar adjusted, increased by 4.3% at constant prices (seasonally and calendar unadjusted – 11.7%), manufacturing – 4.4% (seasonally and calendar unadjusted – 11.8%).
Over the month, seasonally and calendar adjusted, an increase in production was observed for the manufacture of refined petroleum products – 28.5% (seasonally and calendar unadjusted – 69.4%), other transport equipment – 22.9% (seasonally and calendar unadjusted – 26.4%), textiles – 9.5% (seasonally and calendar unadjusted – 7%), basic metals – 6.7% (seasonally and calendar unadjusted – 6.8%).
Table 1. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %
|
Economic activities |
May 2016, against |
|||
|
April 2016, seasonally and calendar adjusted |
April 2016 |
May 2015, seasonally and calendar adjusted
|
May 2015 |
|
|
Industry (B–E) |
3.8 |
8.1 |
−0.2 |
2.6 |
|
Mining and quarrying, manufacturing (B and C) |
4.3 |
11.7 |
−0.3 |
2.8 |
|
Mining and quarrying (B) |
−16.3 |
−7.2 |
−5.2 |
4.2 |
|
Manufacturing (C) |
4.4 |
11.8 |
−0.3 |
2.7 |
|
Manufacturing (except for the manufacture of refined petroleum products) (C excl. C19) |
−1.1 |
1.1 |
2.3 |
7.1 |
|
Electricity, gas, steam and air conditioning supply (D) |
0.3 |
−27.6 |
1.1 |
0.0 |
|
Water supply, sewerage, waste management and remediation activities (only Division 36 of Section E – water collection, treatment and supply) |
1.3 |
2.8 |
3.3 |
5.1 |
|
Main industrial groupings |
|
|
|
|
|
Energy products |
15.5 |
30.7 |
−6.4 |
−7.4 |
|
Intermediate goods |
0.5 |
1.7 |
7.7 |
12.4 |
|
Capital goods |
−2.0 |
−2.6 |
−0.9 |
3.7 |
|
Consumer durables |
−3.4 |
−3.7 |
−3.8 |
2.6 |
|
Consumer non-durables |
−0.7 |
3.7 |
0.2 |
3.6 |
In May 2016, against May 2015, calendar adjusted, industrial production decreased by 0.2% at constant prices (calendar unadjusted – increased by 2.6%). Over the year, mining and quarrying and manufacturing production, calendar adjusted, decreased by 0.3%; the same decrease was recorded for the manufacturing.
In January–May 2016, industrial production totalled EUR 7.36 billion at current prices, and against the same period of 2015, calendar adjusted, increased by 3.1% at constant prices (calendar unadjusted – 3.6%). Over the said period, mining and quarrying and manufacturing production, calendar adjusted, increased by 3.3% (calendar unadjusted – 3.8%); the same changes were recorded for the manufacturing.
Table 2. Changes in industrial production, at constant prices of 2010, growth, drop, (−), %
|
Economic activities |
January–May 2016, against |
|
|
January–May 2015, calendar adjusted |
January–May 2015 |
|
|
Industry (B–E) |
3.1 |
3.6 |
|
Mining and quarrying, manufacturing (B and C) |
3.3 |
3.8 |
|
Mining and quarrying (B) |
2.1 |
4.8 |
|
Manufacturing (C) |
3.3 |
3.8 |
|
Manufacturing (except for the manufacture of refined petroleum products) (C excl. C19) |
4.3 |
5.4 |
|
Electricity, gas, steam and air conditioning supply (D) |
0.7 |
2.5 |
|
Water supply, sewerage, waste management and remediation activities (only Division 36 of Section E – water collection, treatment and supply) |
2.2 |
3.4 |
|
Main industrial groupings |
|
|
|
Energy products |
0.5 |
−0.5 |
|
Intermediate goods |
6.0 |
6.5 |
|
Capital goods |
11.1 |
13.6 |
|
Consumer durables |
−1.8 |
−0.2 |
|
Consumer non-durables |
2.0 |
3.8 |
In January–May 2016, against the respective period of 2015, the proportion of mining and quarrying and manufacturing sales and services on the non-Lithuanian market increased by 0.1%age point and stood at 65.2%, on the Lithuanian market – decreased by 0.1%age point and stood at 34.8%. The value of sales and services to non-euro area countries accounted for more than half (53.9%) of the total value of sales and services on the non-Lithuanian market.
In January–May 2016, against the same period of 2015, the value of sales and services of industrial enterprises on the non-Lithuanian market decreased by 4.3% at current prices. The decrease was mainly influenced by a decrease in the sales of the production of enterprises engaged in the manufacture of refined petroleum products (29.1%), chemicals and chemical products (7.4%), food (2.9%). In January–May 2016, against the same period of 2015, refined petroleum products excluded, the value of sales and services on the non-Lithuanian market increased by 3.5% at current prices. Over the said period, a 16.1% increase in sales was observed for the production of enterprises engaged in manufacture of wood and wood products, except furniture, 23.4% – textiles, 34.2% – motor vehicles, trailers and semi-trailers.
The value of sales and services to euro area countries decreased by 4%, to non-euro area countries – 4.5% at current prices.
In January–May 2016, against January–May 2015, the value of sales and services of mining and quarrying and manufacturing on the Lithuanian market decreased by 4.6% at current prices, refined petroleum products excluded – by 3%.
 |
| Structure of sales and services market of mining and quarrying and manufacturing (B and C) enterprises, January–May |
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 (or) providing services by enterprises engaged in mining and quarrying, manufacturing (B and C sections according to EVRK Rev. 2).
Industrial production refers to the value (VAT and excise excluded) of the sales of goods manufactured or manufacturing work carried out by an enterprise (B_C_D_E sections according to EVRK Rev.2). For the calculation of changes in industrial production, a producer price index is used.
For more information, see the Database of Indicators.
«The Baltic Course» Is Sold and Stays in Business!
