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Orders and turnover in industry, December 2022

Orders in industry increased in December

Statistical news from Statistics Sweden 2023-02-08 8.00

Total orders in industry increased by 25.1 percent in December 2022 compared with November, in seasonally adjusted figures. Compared with December 2021, total orders in industry increased by 24.9 percent in calendar-adjusted figures.

“Total orders in industry were strong in December. It was mainly the industry for transport equipment that contributed to the development both monthly and year-on-year” says Frida Olsson, statistician at Statistics Sweden.

The industrial subsectors noted a mixed development on a monthly basis. Compared with the previous month, the largest increase was recorded in the industry for transport equipment, up by 122.9 percent, while the largest decrease was recorded in the printing industry, down by 27.9 percent. Total orders in industry increased on both the domestic and the export market compared with November. The domestic market increased by 16.5 percent and the export market increased by 35.7 percent, in seasonally adjusted figures.

Total orders in industry increased on an annual basis

On an annual basis, total orders in industry increased by 24.9 percent compared with December 2021, in calendar-adjusted figures. Orders received from customers in Sweden increased by 14.5 percent and orders received from customers abroad increased by 33.9 percent.

Total orders in industry in November unrevised

The figures for December are preliminary. Since the previous publication, the seasonally adjusted monthly development in November compared with October is unrevised. The calendar-adjusted development in November compared with November of the previous year has been revised downwards by 0.2 percentage points to -7.0 percent.

For a more comprehensive understanding of the statistics, it is relevant to analyse the effects of seasonal and calendar adjustments on the statistics.

Remarks

In March 2020, the COVID-19 outbreak started to significantly impact orders in industry, which should be considered when comparing annual development statistics.

For a more comprehensive understanding of the statistics, it is relevant to analyse the effects of seasonal and calendar adjustments on the statistics. Please note that data series are seasonally adjusted individually. This means that a seasonally adjusted figure for an aggregate may differ from a weighted mean of the corresponding figures for included sectors.

Percentage changes in orders
NACE 2007 INDUSTRY TITLE Dec 2022/
Nov 2022[1]
Jan-Dec 2022/
Jan-Dec 2021[2]
Dec 2022/
Dec 2021[2]
Share of orders in total industry 2021
    Tot Dom Exp Tot Dom Exp Tot Dom Exp  
B+C Mines and quarries and manufacturing industry 25.1 16.5 35.7 2.4 1.1 3.4 24.9 14.5 33.9 100.0
- Intermediate goods industry ‑0.5 ‑3.1 ‑0.2 ‑4.1 ‑3.2 ‑4.9 ‑9.8 ‑7.7 ‑11.5 42.4
- Energy excl. NACE rev 2. Section D ‑5.7 .. .. 1.9 .. .. ‑5.7 .. .. 5.2
- Capital goods industry 75.3 73.2 78.8 5.6 5.9 5.6 79.2 68.2 84.7 35.8
- Non-durable consumer goods industry ‑0.3 ‑3.5 7.6 14.3 0.9 30.4 12.3 ‑5.3 35.5 14.8
- Durable consumer goods industry ‑1.8 .. .. ‑4.4 .. .. ‑6.7 .. .. 1.8
B Mines and quarries 7.1 6.3 7.2 ‑5 1.3 ‑9.5 ‑7.8 ‑10.7 ‑5.9 3.5
C Manufacturing industry 25.8 15.1 33.5 2.7 1.1 3.8 26.1 15.4 34 96.5
10-12 Food product, beverage and tobacco industry ‑2.9 ‑3.5 ‑2 0.1 1.4 ‑4.7 ‑2.8 ‑1.9 ‑7.3 8.4
13-15 Industry for textile and leather products ‑1.5 ‑2.3 0.1 ‑8.6 ‑15.2 ‑2.6 ‑29.2 ‑40.8 ‑16.2 0.5
16 Industry for wood and wood products ‑3.6 ‑5.8 ‑2.2 ‑4.3 ‑4.2 ‑4.9 ‑4.6 ‑14.8 18.7 5.5
17 Industry for pulp, paper and paper products 1.5 1.1 2.1 ‑8 ‑6.8 ‑8.2 ‑16.7 ‑15.2 ‑16.9 5.6
18 Industry for printing and reproduction of recorded media ‑27.9 .. .. ‑6.4 .. .. ‑28.8 .. .. 0.7
19 Industry for coke and refined petroleum products ‑5.7 .. .. 1.9 .. .. ‑5.7 .. .. 5.2
20-21 Industry for chemicals and industry for pharmaceutical products 6.1 3.3 5.1 8.8 ‑6.7 12 8.2 ‑1.9 10.3 9.7
22 Industry for rubber and plastic products ‑2.4 ‑0.6 ‑4.1 ‑8.2 ‑4.5 ‑11.8 ‑17.4 ‑9.3 ‑25.2 2.3
23 Industry for other non-metallic mineral products ‑1.3 .. .. ‑7.6 .. .. ‑13.2 .. .. 2.4
24 Industry for basic metals ‑3.8 ‑5.5 ‑4.7 ‑1.2 0.1 ‑1.7 0.6 ‑2.4 1.8 9.2
25 Industry for manufacture of fabricated metal products, except machinery and equipment 34.7 3.6 118 ‑0.2 ‑0.9 1.3 25.5 ‑2 97.8 7.0
26 Industry for manufacture of computer, electronic and optical products 91.9 170.5 52.3 5.9 77.9 ‑13.6 88.9 253.2 43.3 3.0
27 Industry for manufacture of electrical equipment 2.5 0.9 ‑4.7 37.1 14.6 48.2 9.9 24.5 4.4 3.5
28 Industry for machinery and equipment n.e.c. 25.7 5.4 19.4 5.1 4.2 5.5 1.9 ‑4.3 4.2 11.9
29-30 Industry for transport equipment 122.9 146.2 124.9 5.4 ‑2.6 8.5 152.4 155.9 150.2 17.6
29 Industry for motor vehicles .. .. .. .. .. .. .. .. .. 15.5
30 Industry for other transport equipment .. .. .. .. .. .. .. .. .. 2.1
31-33 Industry for other manufacturing, repair and installation of machinery and equipment ‑1.4 ‑2.7 1.1 ‑3.6 ‑2.3 ‑6 ‑15.9 ‑14.6 ‑19.1 3.9

1) Calendar and seasonally adjusted figures 2) Calendar adjusted figures 3) Data marked with .. includes classified information or missing data

Definitions and explanations

Revisions

When the orders index and the turnover index for a new month are published, the indices for previous months are also revised. The material is normally revised for between two and four months retroactively, depending on which month of the quarter is the reference month. The whole previous quarter is revised when publishing the first and second months of a quarter. Calendar adjusted figures, seasonally adjusted figures and trend figures are revised from January 2000 onwards.

International comparisons

For international comparisons, please refer to Eurostat.

Short-term business statistics (STS) in brief

Next publishing will be

2023-03-09 at 8:00.

Statistical Database

More information is available in the Statistical Database

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

Statistical agency

Statistics Sweden, Innovation, Business sector production and Research section

E-mail
pin@scb.se

Enquiries

Frida Olsson

Telephone
+46 10 479 42 14
E-mail
frida.olsson@scb.se