The volume of industrial production grew by 6.4% last year
According to Statistics Estonia, the total production of industrial enterprises in 2021 was 6.4% bigger than the year before. Of the three main industrial sectors, production increased by 19.2% in energy production and by 6.4% in manufacturing but decreased by 15.7% in mining.
The coronavirus crisis, which began the year before last, disrupted the regular production cycle in manufacturing, which is why industrial production increased considerably in the second quarter of 2021 primarily due to the low reference base. Manufacturing output stabilised in the second half of the year, when the rise in volumes was about 6% on average.
Helle Bunder, analyst at Statistics Estonia, said that, last year, production volumes exceeded the level of 2020 in most of the 23 manufacturing activities. “Among the activities with the largest shares, there was an increase in production in the manufacture of wood, in all activities related to the manufacture of machinery, in the manufacture of fabricated metal products, but also in the manufacture of furniture, building materials and plastic products,” added Bunder.
Shale oil production increased the most among the larger activities – by 22.3%. The volume of production remained on the same level in the manufacture of food products. Production decreased in the manufacture of computers and electronic products.
67.3% of the total production of manufacturing was sold to the external market. Compared to 2020, export sales rose by 16.1% and domestic sales by 16.8%.
In December 2021, total industrial production increased by 7.6% and manufacturing production by 7.1% compared to December 2020. In energy production, the volume of electricity production (in megawatt-hours) increased by 67.1% and the production of heat by 16.7% year on year.
In December, compared to November, the seasonally adjusted total industrial production rose by 2.1% and the production of manufacturing by 2.3%.
Statistics Estonia performs the statistical activity “Production indices” for the Ministry of Economic Affairs and Communications with the aim to determine the economic situation in Estonia.
Information about different industrial activities can be found on the business dashboards.
See also the dedicated section on industry.
More detailed data have been published in the statistical database.
For further information:
Kadri Kütt
Media Relations Manager
Marketing and Dissemination Department
Statistics Estonia
Tel +372 625 9181