The volume of meat and dairy product manufacturing rose in the December 2018 quarter, Stats NZ said today.
After adjusting for seasonal effects, the volume of total manufacturing sales rose 2.0 percent in the December quarter. A 4.0 percent boost in meat and dairy product manufacturing led the rise.
"The meat and dairy industry rebounded after a strong fall in the September quarter," manufacturing statistics manager Sue Chapman said.
"Most meat and dairy products in New Zealand are exported and occasionally, the timing of exports, price changes, and exchange rates can affect manufacturing sales."
Sales volumes for nine of the 13 industries rose in the December 2018 quarter. The largest movements were in meat and dairy products (up 4.0 percent), and petroleum and coal products (up 4.1 percent).
The largest decrease came from chemical, polymer, and rubber product manufacturing (down 3.2 percent).
"The fall in the chemicals industry comes after a rebound in the September quarter, which followed a low June quarter when unexpected outages at a processing plant restricted methanol production," Ms Chapman said.
Industry | "Value change | (current $)" | "Volume change | (constant $)" |
Meat and dairy products | -1580000 | 283040000 | ||
Petroleum and coal products | 97210000 | 110360000 | ||
"Fruit | 42980000 | 44570000 | ||
oil | 31450000 | 37990000 | ||
cereal | 57110000 | 31100000 | ||
and other food" | 31590000 | 22610000 | ||
Metal products | 5300000 | 18120000 | ||
"Transport equipment | 1080000 | 12040000 | ||
machinery and equipment" | 10490000 | 9390000 | ||
Furniture and other manufacturing | 2610000 | -8920000 | ||
Wood and paper products | -10170000 | -13410000 | ||
Beverage and tobacco products | -43460000 | -41790000 | ||
"Textile | -96730000 | -76900000 | ||
leather | ||||
clothing | ||||
and footwear" | ||||
Seafood processing | ||||
Printing | ||||
Non-metallic mineral products | ||||
"Chemical | ||||
polymer | ||||
and rubber products" |
Manufacturing sales values fall 0.5 percent
In current prices, sales values for the December 2018 quarter fell 0.5 percent ($135 million) compared with the September 2018 quarter.
Petroleum and coal product manufacturing, and chemical, polymer, and rubber product manufacturing had the largest movements, up 3.7 percent ($97 million) and down 3.7 percent ($97 million), respectively.