8008_not-searchable
/en/energi-og-industri/statistikker/osi/arkiv
8008
Reduced stocks in industry
statistikk
2010-05-07T10:00:00.000Z
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 2010

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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Reduced stocks in industry

Total stocks in industry continued to fall in the first quarter of 2010. Lack of new orders because of lower demand within the marked mainly contributed to the development.

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

New orders received. Unadjusted. 2005=100.

Manufacturers working on new orders still reported a negative development in total stocks. Total stocks were around 30 per cent lower in the first quarter of 2010 than in the corresponding quarter last year. New orders received fell 2.4 per cent in the first quarter of 2010 compared to the first quarter of 2009. Some industries continue to experience a steady decline in their stocks due to long periods with a reduction in new orders. The results were especially negative within machinery and equipment, ships, boats and oil platforms and repair, installation of machinery.

Among the industries that buffered the fall within total stocks were chemicals and pharmaceutical products, basic metals and fabricated metals products. These showed an increase in both total stocks and new orders received.

Change in value for new orders received and unfilled orders. Per cent
 
Industrial Classification New orders received (trend)1 Unfilled orders (original series) Q1 2009-Q1 2010
Q3 2009-Q4 2009 Q4 2009-Q1 2010
 
Total 1,4 8.1 -29.9
Basic Chemicals 12.0 7.9 2.0
Basic Metals 10.2 15.5 5.5
Machinery and Equipment -11.7 15.8 -49.9
Ships, boats and oil plattforms -15.0 -9.1 -34.7
 
1  Estimated annual changes in trend series, based on change in percentage from previous quarter, converted to annual growth.
 

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