Industrial production statistics

From Statistics Explained

Data from October 2013. Most recent data: Further Eurostat information, Main tables and Database. Planned article update: January 2015.

This article examines recent statistics on industrial production in the European Union (EU). PRODCOM is the name given to the EU’s system of industrial production statistics which covers products from mining, quarrying and manufacturing.

Table 1: Production sold in value terms, selected products, EU-27, 2012 - Source: Eurostat, from http://epp.eurostat.ec.europa.eu/portal/page/portal/statistics/search_database go to
Data Navigation Tree/Database by themes/Industry, trade and services/Statistics on the production of manufactured goods (prom)/NACE Rev. 2 (prodcom_n2)/Prodcom Annual Sold (NACE Rev. 2) (DS-066341)
Table 2: Quantity of production sold, selected products, EU-27, 2012 - Source: Eurostat, from http://epp.eurostat.ec.europa.eu/portal/page/portal/statistics/search_database go to
Data Navigation Tree/Database by themes/Industry, trade and services/Statistics on the production of manufactured goods (prom)/NACE Rev. 2 (prodcom_n2)/Prodcom Annual Sold (NACE Rev. 2) (DS-066341)

Main statistical findings

The PRODCOM survey covers the mining, quarrying and manufacturing sectors, in other words, NACE Rev.  2 Sections B and C. PRODCOM statistics are based on a list of products called the PRODCOM List which consists of more than 3 800 headings, which is revised every year. In the List, products are detailed at an 8-digit level — only information at this detailed level can be found in the PRODCOM database, as production data for different products cannot always be meaningfully aggregated. The purpose of PRODCOM statistics is to report, for each product in the PRODCOM List, how much production has been sold during the reference period. This means that PRODCOM statistics relate to products (not to activities) and are therefore not strictly comparable with activity-based statistics such as structural business statistics.

PRODCOM information is currently requested for each heading in terms of the value of production sold during the survey period. Table 1 shows the level of production in the EU-27 for a selection of products. Transport equipment products (within Divisions 29 and 30) dominated the list of the most sold manufacturing products in the EU-27 in value terms in 2012. It can be noted also that several manufactured food and beverage products (within Divisions 10 and 11) and a couple of fabricated metal products (Division 25) registered high values of production sold.

Information on the physical quantity (also referred to as volume) of production sold during the survey period is also requested. Table 2 shows the quantity of production sold for a selection of products. In certain circumstances this information can be supplemented by the physical quantity of actual (total) production during the survey period, including therefore any production which is used (as an intermediate product) by the enterprise in the manufacture of other products in the List.

Data sources and availability

The PRODCOM List is linked to the activity classification NACE and to the classification of products by activity (CPA): the first four digits of each PRODCOM code refer to a NACE class, the fifth and sixth digits relate to a CPA sub-category, and the seventh and eighth digits are specific to the PRODCOM List. Most headings correspond to one or more codes from the combined nomenclature (CN), the classification used for statistics on the international trade in goods: some headings (mostly industrial services) do not correspond to a CN heading at all. The relationship with CN enables the calculation of apparent consumption by linking production statistics to international trade statistics.

The production surveyed covers only the production actually carried out on the territory of the reporting country. This means that the production of subsidiaries which takes place outside an enterprise’s territory is not included in the survey results for that country. As a general principle, when a production process takes as an input a material that does not match the description of the product, and produces as output something that does, then production of the product should be recorded. If the processing of a product does not change the heading under which it is listed, it should not be recorded, since this would result in double-counting. This means that the link to turnover data is tenuous, since some activities do not result in new products and should not be recorded in PRODCOM statistics.

PRODCOM data are available for all of the EU Member States, Iceland and Norway, and Eurostat produces aggregates for the EU-27 and the EU-25; aggregates for the EU-28 are planned. Data are available during the year following the reference year, with the first release by Eurostat normally in July. As more complete and revised data becomes available, updates are released on a monthly basis.

Context

The development of PRODCOM dates back to 1985 when there were the first meetings of a Eurostat organised working party on production statistics, whose objective was to harmonise the various ways industrial production statistics were collected in the EU Member States. Although statistics were collected on production in most countries, these covered the national situation, and national classifications were used and different survey methods applied. The basis of PRODCOM is to enable these national statistics to be compared and where possible aggregated geographically to give a picture relating to the output of a product within the EU context. This aim became more urgent with the creation of the single European market in 1992, such that the statistical system had to adapt.

Production statistics are used by the European Commission and national administrations for policymaking and by professional/trade associations and their members. The use of the data in climate change statistics is increasing, as well as in other environmental statistics such as the analysis of material flows or chemicals management.

See also

Further Eurostat information

Publications

Database

NACE Rev. 1.1 (prodcom_n1)
Prodcom Annual Sold (NACE Rev. 1.1) (DS_043408)
Prodcom Annual Total (NACE Rev. 1.1) (DS_043409)
Prodcom Monthly Steel (NACE Rev. 1.1) (DS_008573)
NACE Rev. 2 (prodcom_n2)
Prodcom Annual Sold (NACE Rev. 2) (DS_066341)
Prodcom Annual Total (NACE Rev. 2) (DS_066342)
Traditional international trade database access (ComExt) (comext)

Dedicated section

Methodology / Metadata

Source data for tables and figures (MS Excel)

Other information


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