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Business in Lithuania (edition 2023)
Production
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The chapter provides statistical information on the industrial production changes and structure by market. Statistical information is based on the data of the short-term statistics survey on industrial enterprises. The survey covers industrial enterprises of all types and forms of ownership.
For the calculation of indices and changes in the value (VAT and excise excluded) of industrial production, a producer price index is used.
Over the year (December 2022, against December 2022), prices for the total industrial production sold increased by 20.7 per cent, refined petroleum products excluded – by 17.2 per cent.
Over the year, prices for industrial production sold on the Lithuanian market increased by 30.9 per cent, refined petroleum products excluded – 30.1 per cent.
Prices for industrial production sold on the non-Lithuanian market increased by 12.2 per cent, refined petroleum products excluded – by 6.8 per cent.
The overall price change for industrial production sold on the euro area market increased by 19.3 per cent, on the non‑euro area market – 7.5 per cent.
Changes in prices for industrial production sold over the year
Compared to the respective month of the previous year
Per cent
The latest and detailed data are available in the Database of Indicators
Changes in prices for industrial production sold over the year
December of the reporting year, compared to December of the previous year
Per cent
The latest and detailed data are available in the Database of Indicators
In 2022, the value of industrial production sold totalled EUR 38.4 billion at current prices. Against 2021, the value of industrial production, at constant prices, increased by 9.5 per cent, mining and quarrying as well as manufacturing increased by 7.9 per cent. The share of production sold on the non-Lithuanian market accounted for 62.5 per cent.
An increase in industrial production was observed for repair and installation of machinery and equipment (30.2 per cent), manufacture of other transport equipment (28.5 per cent), manufacture of motor vehicles, trailers and semi-trailers (27.6 per cent), wood and wood products, except furniture (24 per cent), other manufacturing (20.4 per cent), manufacture of furniture (7.5 per cent), refined petroleum products (6.9 per cent).
A decrease in volume of industrial production was observed for chemicals and chemical products (10.8 per cent), manufacture of electrical equipment (1.1 per cent).
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More:
Production of main commodities (XLSX)
Indices of industrial production (VAT and excises excluded)
2015 – 100
The latest and detailed data are available in the Database of Indicators
Indices of industrial production (VAT and excises excluded) by kind of economic activity, 2022
2015 – 100
The latest and detailed data are available in the Database of Indicators
Structure of economic activities of industrial production sold, 2022
Per cent
The latest and detailed data are available in the Database of Indicators
Sales income (VAT and excises excluded) by direction of realisation, 2022
Per cent
The latest and detailed data are available in the Database of Indicators
Kind of economic activity
|
B |
Mining and quarrying |
|
B06 |
Extraction of crude petroleum and natural gas |
|
B08 |
Other mining and quarrying |
|
C |
Manufacturing |
|
C10–C12 |
Manufacture of food products and tobacco |
|
C11 |
Manufacture of beverages |
|
C13 |
Manufacture of textiles |
|
C14 |
Manufacture of wearing apparel |
|
C15 |
Manufacture of leather and related products |
|
C16 |
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials |
|
C17 |
Manufacture of paper and paper products |
|
C18 |
Printing and reproduction of recorded media |
|
C19 |
Manufacture of coke and refined petroleum products |
|
C20 |
Manufacture of chemicals and chemical products |
|
C21 |
Manufacture of basic pharmaceutical products and pharmaceutical preparations |
|
C22 |
Manufacture of rubber and plastic products |
|
C23 |
Manufacture of other non-metallic mineral products |
|
C24 |
Manufacture of basic metals |
|
C25 |
Manufacture of fabricated metal products, except machinery and equipment |
|
C26 |
Manufacture of computer, electronic and optical products |
|
C27 |
Manufacture of electrical equipment |
|
C28 |
Manufacture of machinery and equipment n.e.c. |
|
C29 |
Manufacture of motor vehicles, trailers and semi-trailers |
|
C30 |
Manufacture of other transport equipment |
|
C31 |
Manufacture of furniture |
|
C32 |
Other manufacturing |
|
C33 |
Repair and installation of machinery and equipment |
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Statistical information on the past, present or future changes in the economic activities of enterprises, industrial confidence indicator, characterising changes and tendencies of economic activity has been prepared by applying data of the statistical survey, also known as business opinion survey. Statistical survey is intended for short-term economic analysis and expectations, i.e. to foresee economic activity relations and growth periods, to establish present economic state in the country and trend of business activity changes. More specifically, such survey data are increasingly used in predicting turning points in the economic cycle.
Industrial confidence indicator
Per cent
The latest and detailed data are available in the Database of Indicators
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More:
Assessment of stocks of finished goods, present level
Industrial production order-books (demand) assessment, present level
Industrial production expectations for the next 3 months
For further terms, see the Dictionary of Statistical Terms.
