The production value of the basic metals manufacturing industry in the United Kingdom increased by 1.7 billion euros (+8.87 percent) in 2018. In total, the production value amounted to 20.3 billion euros in 2018. This increase was preceded by a declining production value in this industry. 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 basic metals manufacturing industry in the United Kingdom with key insights such as turnover and personnel costs.
Production value of the basic metals manufacturing industry in the United Kingdom (UK) from 2009 to 2018
(in million euros)
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 C24 of CE Rev. 2.
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Eurostat. (March 22, 2024). Production value of the basic metals manufacturing industry in the United Kingdom (UK) from 2009 to 2018 (in million euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/417335/production-value-manufacturing-basic-metals-the-uk/
Eurostat. "Production value of the basic metals manufacturing industry in the United Kingdom (UK) from 2009 to 2018 (in million euros)." Chart. March 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/417335/production-value-manufacturing-basic-metals-the-uk/
Eurostat. (2024). Production value of the basic metals manufacturing industry in the United Kingdom (UK) from 2009 to 2018 (in million euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/417335/production-value-manufacturing-basic-metals-the-uk/
Eurostat. "Production Value of The Basic Metals Manufacturing Industry in The United Kingdom (Uk) from 2009 to 2018 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/417335/production-value-manufacturing-basic-metals-the-uk/
Eurostat, Production value of the basic metals manufacturing industry in the United Kingdom (UK) from 2009 to 2018 (in million euros) Statista, https://www.statista.com/statistics/417335/production-value-manufacturing-basic-metals-the-uk/ (last visited November 21, 2024)
Production value of the basic metals manufacturing industry in the United Kingdom (UK) from 2009 to 2018 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/417335/production-value-manufacturing-basic-metals-the-uk/