The total value of sold production in 2014 amounted to 733 billion ISK, which is a decrease of 9.6 billion ISK, or 1.3%, from previous year. As in previous years, fish products and basic metals have the highest proportion, with fish products accounting for 31.4% in the year 2014 of the total value compared to 34.5% in 2013. Manufacture of basic metals accounted for 28.4% in 2014 compared to 30.1% in 2013. The value of sold production, excluding fish production and manufacturing of basic metals accounted for 294 billion ISK in last year and increased by 31.7 billion ISK or 12.1% from previous year.
Value of sold production 2013-2014 | ||||
2013 | 2014 | |||
Value is shown in million ISK | Value | % | Value | % |
Total | 741,471 | 100.0 | 733,249 | 100.0 |
08 Other mining and quarrying | 3,000 | 0.4 | 3,653 | 0.5 |
10/11 Manufacture of food products and beverages | 380,363 | 51.3 | 343,689 | 46.9 |
13 Manufacture of textiles | 3,618 | 0.5 | 3,501 | 0.5 |
14/15 Manufacture of wearing apparel and leather products | 1,498 | 0.2 | 1,561 | 0.2 |
16 Manufacture of wood and of products of wood | 3,086 | 0.4 | 2,954 | 0.4 |
17 Manufacture of paper and paper products | 3,364 | 0.5 | 3,674 | 0.5 |
18 Printing and reproduction of recorded media | 9,982 | 1.3 | 12,473 | 1.7 |
20/21 Manufacture of chemicals and chemical products | 16,672 | 2.2 | 26,814 | 3.7 |
22 Manufacture of rubber and plastic products | 8,015 | 1.1 | 8,810 | 1.2 |
23 Manufacture of other non-metallic mineral products | 10,222 | 1.4 | 13,217 | 1.8 |
24 Manufacture of basic metals | 223,548 | 30.1 | 208,567 | 28.4 |
25 Manufacture of fabricated metal products, except machinery and equipment | 14,520 | 2.0 | 19,194 | 2.6 |
26/27 Manufacture of computer and electrical equipment | 15,133 | 2.0 | 14,272 | 1.9 |
28 Manufacture of machinery and equipment n.e.c. | 18,668 | 2.5 | 26,515 | 3.6 |
29/30 Manufacture of transport equipment | 2,121 | 0.3 | 2,203 | 0.3 |
31 Manufacture of furniture | 4,067 | 0.5 | 5,134 | 0.7 |
32 Other manufacturing | 7,819 | 1.1 | 11,057 | 1.5 |
33 Repair and installation of machinery and equipment | 15,776 | 2.1 | 25,962 | 3.5 |