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Industrial production in August declined significantly in the manufacture of wood

Date 04.10.2024
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  3. Industrial production in August declined significantly in the manufacture of wood
Helle Bunder, leading analyst at Statistics Estonia, pointed out that, as in the first half of the year, when the volume of manufacturing declined by 6%, the fall continued at the same rate in August. “Also, as in the previous months, the volume of industrial production was down in two thirds of the manufacturing activities,” Bunder added. Looking at the larger industries, output decreased in the manufacture of wood (14.4%), electrical equipment (4.7%), and building materials (8%). The manufacture of food products and fabricated metal products remained nearly unchanged, with production falling

Industrial production fell by 4.7% in April

Date 05.06.2024
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  3. Industrial production fell by 4.7% in April
According to Statistics Estonia, in April 2024, the total production of industrial enterprises fell by 4.7% compared with April last year. Among the three main sectors, output increased by 3.6% in mining and by 10.1% in electricity production but decreased by 5.7% in manufacturing.

In June, electricity had the biggest impact on the producer price index

Date 20.07.2021
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  2. In June, electricity had the biggest impact on the producer price index
In June 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 2.6% compared to May 2021 and by 9.4% compared to June 2020.

In August, the producer price index rose by 15.5%

Date 20.09.2021
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  2. In August, the producer price index rose by 15.5%
In August 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 1.7% compared to July 2021 and by 15.5% compared to August 2020.

In May, the producer price index of industrial output increased by 8.4% year on year

Date 21.06.2021
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  2. In May, the producer price index of industrial output increased by 8.4% year on year
In May 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, increased by 1.6% compared to April 2021 and by 8.4% compared to May 2020.

The decline in industrial production volumes was slower in May

Date 04.07.2024
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  3. The decline in industrial production volumes was slower in May
According to Statistics Estonia, in May 2024, the total production of industrial enterprises fell by 1.2% compared with May last year. Among the three industrial sectors, output increased by 2.1% in electricity production but decreased by 0.7% in mining and by 1.4% in manufacturing.

Growth of industrial production slowed down in April

Date 02.06.2022
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  2. Growth of industrial production slowed down in April
According to Statistics Estonia, in April 2022, the total production of industrial enterprises increased by 3.8% at constant prices compared to April 2021. Output increased in two of the three industrial sectors: by 3.7% in manufacturing and by 9.6% in electricity production. In mining, output fell by 13.0%.

Foreign trade grew by 14% in Q1, growth slowed down in Q2

Date 11.08.2025
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  3. Foreign trade grew by 14% in Q1, growth slowed down in Q2
“In the first half of 2025, foreign trade in goods increased by 9%. Exports of goods amounted to nearly €9.3 billion and imports to almost €11.1 billion at current prices,” said Jane Leppmets, foreign trade analyst at Statistics Estonia. “The main commodities exported in the first half of the year were electrical equipment, agricultural products and food preparations, and wood and articles of wood. The main commodities imported were transport equipment, agricultural products and food preparations, and electrical equipment,” Leppmets noted, adding that the top export and import partners in the

In March, the producer price index increased by 4.8% year on year

Date 20.04.2021
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  2. In March, the producer price index increased by 4.8% year on year
In March 2021, the producer price index of industrial output, which expresses changes in the producer prices of industrial goods manufactured in Estonia for the domestic market and for export, decreased by 0.2% compared to February 2021 and increased by 4.8% compared to March 2020.

Industrial production maintained a slow growth, as production of electricity and heat decreased

Date 06.04.2022
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  2. Industrial production maintained a slow growth, as production of electricity and heat decreased
According to Statistics Estonia, in February 2022, the total production of industrial enterprises increased by 1.7% at constant prices compared to February 2021. Output increased by 4.7% in manufacturing but decreased by 11.8% in mining and by 16.6% in energy production.

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