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Business inventories, Q3 2021

Business inventories decreased in the third quarter of 2021

Statistical news from Statistics Sweden 2021-11-16 9.30

Swedish business inventories decreased by SEK 3.2 billion in constant prices in the third quarter. This development corresponds to a decrease of 0.6 percent in volume.

Total inventories in industry decreased by SEK 5.0 billion in the third quarter, which corresponds to a decrease of 2.0 percent in volume. Inventories in trade increased by SEK 1.7 billion in the third quarter, which corresponds to an increase of 0.6 percent in volume.

Industrial inventories decreased

Inventories of finished goods and goods in progress decreased by SEK 6.9 billion and inventories of input goods in total industry increased by SEK 1.9 billion. This means that total inventories in industry decreased by SEK 5.0 billion in the third quarter.

Trade inventories increased

Inventories in trade increased by SEK 1.7 billion in the third quarter. The largest increase was noted in wholesale trade, excluding motor vehicles and motorcycles, in which inventories increased by SEK 4.1 billion. Inventories in retail trade, excluding motor vehicles and motorcycles, increased by SEK 1.2 billion, while wholesale and retail trade and repair of motor vehicles and motorcycles decreased by SEK 3.6 billion.

Revisions

The figures for the third quarter 2021 are preliminary. Since the previous publication, the development in total industrial inventories in the second quarter 2021 has been revised upwards by SEK 1.3 billion to a decrease of SEK 4.9 billion. Total trade inventories in the second quarter 2021 have been revised downwards by SEK 7.3 billion to a decrease of SEK 14.1 billion.

New survey

As from the previous quarter, the new Business inventories survey has replaced the surveys Inventories in trade and services and Industrial inventories. The results of the new survey are comparable to the results of the old survey, since the new survey and Industrial inventories have a similar design. Furthermore, Industrial inventories and Inventories in trade and services used the same underlying methods. For more information, see
Business inventories – a comparison with previous inventories surveys.

Business inventories, Q3 2021
NACE Rev 2 INDUSTRY TITLE Changes in total industrial inventories (2010 prices)
    Q3 2021 Q3 2021/ Q2 2021 Q2 2021 Q3 2020
    Million SEK % Million SEK Million SEK
B+C+G Mines and quarries, manufacturing industry and wholesale and retail trade ‑3 239.1 ‑0.6 ‑19 039.7 ‑3 284.5
B+C Mines and quarries and manufacturing industry ‑4 964.2 ‑2.0 ‑4 911.7 ‑5 091.0
- Intermediate goods industry ‑2 044.0 ‑2.1 ‑4 211.5 ‑3 733.7
- Energy excl. NACE section D .. .. .. ..
- Capital goods industry ‑434.7 ‑0.5 ‑78.9 377.2
- Non-durable consumer goods industry ‑1 613.8 ‑3.6 ‑275.7 737.5
- Durable consumer goods industry .. .. .. ..
B Mines and quarries ‑86.8 ‑1.5 ‑344.8 ‑1 076.5
C Manufacturing industry ‑4 877.4 ‑2.0 ‑4 566.9 ‑4 014.5
10-12 Food product, beverage and tobacco industry ‑62.0 ‑0.4 ‑199.2 221.9
13-15 Industry for textile and leather products ‑200.0 ‑9.5 ‑26.0 ‑16.1
16 Industry for wood and wood products ‑963.9 ‑9.3 ‑1 213.4 ‑1 115.7
17 Industry for pulp, paper and paper products ‑253.7 ‑2.2 ‑1 000.0 ‑237.6
18 Industry for printing and reproduction of recorded media 93.8 12.6 ‑58.2 ‑102.8
19 Industry for coke and refined petroleum products .. .. .. ..
20 Industry for chemicals ‑69.3 ‑0.7 ‑289.0 ‑285.5
21 Industry for basic pharmaceutical products and pharmaceutical preparations .. .. .. ..
22 Industry for rubber and plastic products 136.9 2.2 ‑652.0 ‑297.4
23 Industry for other non-metallic mineral products ‑267.2 ‑4.0 96.5 ‑245.4
24 Industry for basic metals ‑15.4 ‑0.1 ‑1 294.9 ‑166.0
25 Industry for manufacture of fabricated metal products, except machinery and equipment ‑565.7 ‑2.9 ‑985.2 110.7
26 Industry for computer, electronic and optical products 1 451.2 13.6 665.8 445.4
27 Industry for manufacture of electrical equipment ‑368.5 ‑4.0 360.8 ‑242.9
28 Industry for machinery and equipment n.e.c. ‑1 174.4 ‑3.0 ‑195.5 ‑441.9
29 Industry for motor vehicles .. .. .. ..
30 Industry for other transport equipment .. .. .. ..
31-33 Industry for other manufacturing, repair and installation of machinery and equipment ‑97.7 ‑0.9 358.8 68.5
G Wholesale and retail trade 1 725.1 0.6 ‑14 128.1 1 806.5
45 Wholesale and retail trade and repair of motor vehicles and motorcycles ‑3 619.3 ‑7.5 ‑6 480.2 ‑2 897.8
46 Wholesale trade, except of motor vehicles and motorcycles 4 113.6 3.1 ‑4 136.9 3 278.4
47 Retail trade, except of motor vehicles and motorcycles 1 230.7 1.4 ‑3 510.9 1 425.9

Definitions and explanations

All numbers are rounded to one decimal. Totals are calculated before rounding.

Next publishing will be

2022-02-16 at 08:00.

Statistical Database

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