Pronounced rise in new orders
Published:
Compared with the fourth quarter of 2016, new orders received in the order-based industry showed a considerable growth in the fourth quarter of 2017. The value of new orders in the last quarter of the 2017 is bigger than the deliveries and therefor causes the total stocks in industry to incease.
- Full set of figures
- Index of orders in manufacturing (discontinued)
- Series archive
- Index of orders in manufacturing (archive)
Figure 1. New orders received and stock of orders. Unadjusted. 2005=100
| Stock of orders | New orders received | |
| Q4-2011 | 169.2 | 128.9 |
| Q1-2012 | 168.2 | 128.0 |
| Q2-2012 | 188.9 | 157.6 |
| Q3-2012 | 188.4 | 112.7 |
| Q4-2012 | 195.6 | 137.2 |
| Q1-2013 | 198.0 | 133.3 |
| Q2-2013 | 206.2 | 141.4 |
| Q3-2013 | 205.2 | 114.3 |
| Q4-2013 | 214.2 | 141.0 |
| Q1-2014 | 211.0 | 136.2 |
| Q2-2014 | 229.3 | 145.6 |
| Q3-2014 | 220.3 | 109.7 |
| Q4-2014 | 221.5 | 130.5 |
| Q1-2015 | 214.7 | 121.0 |
| Q2-2015 | 205.4 | 121.5 |
| Q3-2015 | 197.5 | 98.9 |
| Q4-2015 | 189.5 | 110.0 |
| Q1-2016 | 175.3 | 94.9 |
| Q2-2016 | 151.9 | 101.5 |
| Q3-2016 | 146.4 | 101.1 |
| Q4-2016 | 141.3 | 107.0 |
| Q1-2017 | 142.4 | 115.0 |
| Q2-2017 | 138.5 | 108.1 |
| Q3-2017 | 131.9 | 98.8 |
| Q4-2017 | 146.4 | 146.1 |
New orders were up by 37 per cent from the fourth quarter of 2016 to the fourth quarter of 2017 in the order-based industry. Most of this is due to a very high level of new orders received in the last quarter of 2017. New orders received haven’t been higher since the second quarter of 2012. From the fourth quarter of 2016 to the fourth quarter of 2017 the domestic market was up by 48 per cent, and the export market had an increase of 28 per cent.
1 The contribution by industry is calculated by multiplying the percentage change of the industry with the industry's share of manufacturing working on orders.
Figure 2. New orders received. Contribution by industry for rate of change in manufacturing.¹ 4 quarter 2017/4 quarter 2016
| Nrew orders received | Nrew orders received | |
| Repair, installation of machinery | 7.8 | |
| Transport equipment n.e.c | -0.3 | |
| Ships, boats and oil platforms | 10.3 | |
| Machinery and equipment | 8.9 | |
| Computer and electrical equipment | 3.1 | |
| Fabricated metal products | 2.9 | |
| Basic metals | 4.4 | |
| Chemical and pharmaceutical products | -0.2 | |
| Paper and paper products | 0.1 | |
| Textiles and wearing apparel | -0.4 | |
| Manufacturing working on orders | 36.5 |
The total stocks were up 3.6 per cent in the same period. The domestic market increased by 12 per cent, while the export market was down 2.5 per cent.
Figure 3. Stocks of orders. Contribution by industry for rate of change in manufacturing.¹ 4 quarter 2017/3 quarter 2017
| Stock of orders | Stock of orders | |
| Repair, installation of machinery | 2.3 | |
| Transport equipment n.e.c | 0.0 | |
| Ships, boats and oil platforms | 3.1 | |
| Machinery and equipment | 1.7 | |
| Computer and electrical equipment | 0.0 | |
| Fabricated metal products | 0.2 | |
| Basic metals | 3.6 | |
| Chemical and pharmaceutical products | 0.1 | |
| Paper and paper products | 0.1 | |
| Textiles and wearing apparel | 0.0 | |
| Manufacturing working on orders | 11.0 |
Contact
-
Robert Skotvold
-
Statistics Norway's Information Centre