Production of industrial enterprises in Estonia decreased by 5.8% at constant prices

“In October, the volume of industrial production¹ declined in almost all manufacturing activities, but compared with September, the fall was not as deep in the more important economic activities,” said Helle Bunder, analyst at Statistics Estonia. Among the activities with larger shares, there was an increase in output only in the electronics industry (11.5%), while production volumes in the manufacture of chemical products remained at exactly the same level. Among the larger industries, production volumes fell in the manufacture of wood (15.4%), small declines were also recorded in the manufacture of fabricated metal products (1.3%), electrical equipment (0.5%), and food products (0.8%).

In October 2022, compared with the same month last year, the sales of manufacturing production² increased by 12.1% at constant prices according to working-day adjusted data. Export sales rose by 14.5% and domestic sales by 8.5%.

67.8% of the total production of manufacturing was sold to the external market.

In October compared with September, the seasonally adjusted total industrial production fell by 0.9%, while the production of manufacturing remained almost unchanged, with an increase by 0.3%.

In energy production, compared with October 2021, the volume of electricity production (in megawatt-hours) increased by 2.9%, while the production of heat decreased by 11.0%.