The production value of the textile manufacturing industry in Sweden decreased by 49 million euros since the previous year. In 2020, the production value thereby reached its lowest value in recent years. The recent development could be explained by the fact that Eurostat reports a break in time series for 2018.
The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalized production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value. Find more statistics on the textile manufacturing industry in Sweden with key insights such as personnel costs, turnover, or number of enterprises.
Production value of the textile manufacturing sector in Sweden from 2011 to 2020
(in million euros)
p: Provisional value. b: Break in time series. The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value. Data coverage corresponds to Section C13 of NACE Rev2.
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Eurostat. (February 3, 2022). Production value of the textile manufacturing sector in Sweden from 2011 to 2020 (in million euros) [Graph]. In Statista. Retrieved August 13, 2022, from https://www.statista.com/statistics/426107/production-value-in-the-manufacturing-of-textiles-sector-in-sweden/
Eurostat. "Production value of the textile manufacturing sector in Sweden from 2011 to 2020 (in million euros)." Chart. February 3, 2022. Statista. Accessed August 13, 2022. https://www.statista.com/statistics/426107/production-value-in-the-manufacturing-of-textiles-sector-in-sweden/
Eurostat. (2022). Production value of the textile manufacturing sector in Sweden from 2011 to 2020 (in million euros). Statista. Statista Inc.. Accessed: August 13, 2022. https://www.statista.com/statistics/426107/production-value-in-the-manufacturing-of-textiles-sector-in-sweden/
Eurostat. "Production Value of The Textile Manufacturing Sector in Sweden from 2011 to 2020 (in Million Euros)." Statista, Statista Inc., 3 Feb 2022, https://www.statista.com/statistics/426107/production-value-in-the-manufacturing-of-textiles-sector-in-sweden/
Eurostat, Production value of the textile manufacturing sector in Sweden from 2011 to 2020 (in million euros) Statista, https://www.statista.com/statistics/426107/production-value-in-the-manufacturing-of-textiles-sector-in-sweden/ (last visited August 13, 2022)