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Inventory statistics, 1st quarter 2021

Business inventories increased in the first quarter of 2021

Statistical news from Statistics Sweden 2021-05-19 9.30

Swedish business inventories increased by SEK 11.5 billion in constant prices in the first quarter. This development corresponds to an increase of 2.2 percent in volume.

Total inventories in industry increased by SEK 1.5 billion in the first quarter, which corresponds to an increase of 0.6 percent in volume. Inventories in trade increased by SEK 10.0 billion in the first quarter, which corresponds to an increase of 3.7 percent in volume.

Industrial inventories increased

Inventories of finished goods and goods in progress increased by SEK 3.8 billion and inventories of input goods in total industry decreased by SEK 2.3 billion. This means that total inventories in industry increased by SEK 1.5 billion in the first quarter.

Since the previous publication, the development in total industrial inventories in the fourth quarter 2020 has been revised downwards by SEK 0.7 billion to a decrease of SEK 5.8 billion.

Trade inventories increased

Inventories in trade increased by SEK 10.0 billion in the first quarter. The largest increase was noted in wholesale trade, excluding motor vehicles and motorcycles, in which inventories increased by SEK 4.4 billion. Inventories in retail trade, excluding motor vehicles and motorcycles, increased by SEK 2.9 billion, and wholesale and retail trade and repair of motor vehicles and motorcycles increased by SEK 2.7 billion.

Total trade inventories in the fourth quarter 2020 have been revised upwards by SEK 0.6 billion to a decrease of SEK 7.0 billion.

New survey

The new survey Business inventories will replace the current surveys Inventories in trade and services and Industrial inventories in the next quarter. The results will be published on 17 August 2021 on Statistics Sweden’s website: www.scb.se/NV0123.

Changes in total business inventories (2010 prices)
NACE Rev 2 INDUSTRY TITLE Changes in total industrial inventories (2010 prices)
    Q1 2021 Q1 2021/ Q4 2020 Q4 2020 Q1 2020
    Million SEK % Million SEK Million SEK
B+C+G Mines and quarries, manufacturing industry and wholesale and retail trade 11 517.6 2.2 ‑12 790.8 7 401.6
B+C Mines and quarries and manufacturing industry 1 516.3 0.6 ‑5 775.5 5 458.7
- Intermediate goods industry ‑3 244.3 ‑3.2 ‑3 932.3 1 673.6
- Energy excl. NACE section D .. .. .. ..
- Capital goods industry 5 059.6 5.8 ‑3 340.9 4 475.8
- Non-durable consumer goods industry 2 076.4 4.9 840.9 1 312.3
- Durable consumer goods industry .. .. .. ..
B Mines and quarries 734.1 21.3 ‑696.3 ‑254.3
C Manufacturing industry 782.2 0.3 ‑5 079.2 5 713.0
10-12 Food product, beverage and tobacco industry 475.0 3.0 ‑489.8 956.2
13-15 Industry for textile and leather products ‑57.1 ‑2.8 ‑104.0 ‑30.1
16 Industry for wood and wood products ‑256.9 ‑2.3 ‑282.6 159.4
17 Industry for pulp, paper and paper products ‑295.2 ‑2.3 ‑638.3 ‑157.8
18 Industry for printing and reproduction of recorded media 35.9 4.2 ‑38.5 ‑32.5
19 Industry for coke and refined petroleum products .. .. .. ..
20 Industry for chemicals ‑390.7 ‑3.5 ‑182.5 145.3
21 Industry for basic pharmaceutical products and pharmaceutical preparations .. .. .. ..
22 Industry for rubber and plastic products 38.1 0.6 ‑136.1 355.8
23 Industry for other non-metallic mineral products ‑545.0 ‑8.1 ‑95.4 304.4
24 Industry for basic metals ‑2 398.0 ‑9.0 ‑675.3 269.6
25 Industry for manufacture of fabricated metal products, except machinery and equipment 676.1 3.3 ‑1 340.1 952.2
26 Industry for computer, electronic and optical products 296.4 3.4 ‑90.6 400.0
27 Industry for manufacture of electrical equipment 72.3 0.9 ‑862.5 185.2
28 Industry for machinery and equipment n.e.c. 671.9 1.8 54.0 1 778.9
29 Industry for motor vehicles .. .. .. ..
30 Industry for other transport equipment .. .. .. ..
31-33 Industry for other manufacturing, repair and installation of machinery and equipment 389.5 4.1 ‑468.5 492.6
G Wholesale and retail trade 10 001.3 3.7 ‑7 015.3 1 942.9
45 Wholesale and retail trade and repair of motor vehicles and motorcycles 2 687.7 4.7 1 614.3 1 777.9
46 Wholesale trade, except of motor vehicles and motorcycles 4 437.2 3.5 ‑6 832.2 ‑1 144.0
47 Retail trade, except of motor vehicles and motorcycles 2 876.5 3.5 ‑1 797.4 1 308.9

When .. presents, this indicates that the value is zero or confidential.

More about the statistics

Information on the quality of the statistics, production methods, frequently requested tables and graphs and more is available on Statistics Sweden’s website.

Industrial inventories

Inventories in trade and services

Definitions and explanations

All numbers are rounded to one decimal. Totals are calculated before rounding.

Next publishing will be

2021-08-17

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

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Statistics Sweden, Business Structure

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