The Gross Value Added (GVA) of the manufacturing industry in the United Kingdom amounted to approximately 205.5 billion British pounds in 2024, compared with 128.6 billion pounds in 1990.
As of the fourth quarter of 2024, there were approximately 1.9 million men employed in the manufacturing sector in the UK, compared with 738,000 women.
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Manufacturing Production in the United Kingdom decreased 1.50 percent in January of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Kingdom Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
This statistic shows the revenue of the industry “manufacturing“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of manufacturing in the United Kingdom will amount to approximately 692.50 billion U.S. Dollars by 2025.
In 2020, 32% of all enterprises in the UK manufacturing industry with over 10 employees purchased high Cloud Computing services, for example CRM software or computing power. This almost doubled the percentage of enterprises that bought such services compared to the 18% that did so in 2018. Enterprises in the UK manufacturing industry also bought a significantly bigger share of financing and accounting software applications in 2020 then they did in 2018, raising the share from 12% to 26%.
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Wages in Manufacturing in the United Kingdom increased to 776 GBP/Week in January from 769 GBP/Week in December of 2024. This dataset provides - United Kingdom Average Weekly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Forecast: Paper Products Manufacturing Output in the UK 2024 - 2028 Discover more data with ReportLinker!
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GDP from Manufacturing in the United Kingdom decreased to 51014 GBP Million in the fourth quarter of 2024 from 51387 GBP Million in the third quarter of 2024. This dataset provides - United Kingdom Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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United Kingdom UK: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 9.203 % in 2017. This records an increase from the previous number of 9.015 % for 2016. United Kingdom UK: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 10.479 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 16.704 % in 1990 and a record low of 8.723 % in 2009. United Kingdom UK: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Kingdom – Table UK.World Bank.WDI: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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Monthly, quarterly and annual export data for the manufacturing industries, collected by the Monthly Business Survey at industry level in the UK.
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Manufacturing Production MoM in the United Kingdom decreased to -1.10 percent in January from 0.70 percent in December of 2024. This dataset includes a chart with historical data for the United Kingdom Manufacturing Production MoM.
In 2021, there were approximately 244,00 business enterprises in the manufacturing sector in the United Kingdom, with just 535 of these being large enterprises that employed 500 or more people.
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Graph and download economic data for Production: Manufacturing: Total Manufacturing for United Kingdom (PRMNTO01GBQ657S) from Q2 1948 to Q4 2024 about United Kingdom, IP, and manufacturing.
From perfumes to makeup, to haircare, skincare and oral hygiene products, perfume and cosmetics manufacturers do it all. Despite many of the products being considered necessities, the price points and quality of the products purchased depend on consumers' discretionary income. Challenging operating conditions and damaged consumer pockets is expected to cause revenue to contract at a compound annual rate of 0.8%, to £3.3 billion, over the five years through 2024-25. Product innovation and changing consumer tastes have cultivated new markets and attracted customers. Nonetheless, the impact of the pandemic and the cost-of-living crisis have hindered sales. Economic uncertainty caused by the cost-of-living crisis and inflation has limited discretionary spending on luxury products, with consumers downgrading or looking for multi-use cosmetics. However, there's a silver lining — the ‘lipstick effect’, by which consumers buy more small luxuries during economic downturns as a replacement for big-ticket items, is bolstering demand for prestige perfumes and cosmetics. The luxury perfume market has been showing exceptional growth since the pandemic, making it a key area of growth for manufacturers. The shift to e-commerce and the emergence of more inclusive markets catering to diverse genders and races is also generating new niches and specialities. Plus, with sustainability now in the spotlight, green-centric brands are carving out their own space, helping the market chart new growth territories. In 2024-25, revenue is forecast to climb by 5.1% and the profit margin is expected to expand to 5.2%, supported by growing demand from Gen Z consumers. Over the five years through 2029-30, revenue is projected to swell at a compound annual rate of 4.8% to £4.2 billion. Exports will heighten, benefitting from more favourable economic conditions and a normalisation of trade with the EU. Emerging markets, including the Middle East, Latin America and Asia, will aid demand for UK manufacturers as consumers' incomes swell. Manufacturers will likely use new technologies to develop new value-added, eco-friendly products to meet the expanding preferences for environmentally friendly goods. However, manufacturers are looking to reduce spiralling wage costs, which have spiked under National Living Wage rises, shifting manufacturing to cheaper countries and limiting industry revenue growth.
The Aircraft, Engine and Parts Manufacturing industry’s revenue is forecast to dip at a compound annual rate of 2.8% to £39.9 billion over the five years through 2024-25, including an estimated revenue jump of 0.4% in 2024-25. The industry has been swiftly recovering from the pandemic-induced decline in 2020-21. The industry is a major investment, research and development source for world production of aircraft. Orders for aircraft and aircraft equipment are typically placed years in advance, meaning deliveries are relatively stable and can curb economic headwinds. A big backlog of orders held by Airbus and Rolls Royce has aided deliveries and revenue for much of the period. Revenue plunged in 2020-21 due to the pandemic, leading to a standstill in global travel. Commercial airlines cancelled or deferred orders as most of their fleet was grounded. Airbus reported that deliveries fell to 566 in 2020, a figure that is notably lower than the 863 delivered in 2019. Revenue began bouncing back in 2021-22 as commercial orders recovered due to rising air passengers. Airbus recorded its most successful year ever in 2023, reporting 2,094 gross new orders for aircraft. Revenue is forecast to expand at a compound annual rate of 5.5% to £52.2 billion over the five years through 2029-30. Growing international competition is projected to squeeze profit. The ongoing Russia-Ukraine war and changing US policy in Europe are causing a sharp rise in defence spending in the continent over the coming years as European countries are enhancing their security and pursuing security independence from the US. Rejuvenated public spending on defence will drive revenue for Airbus, Rolls Royce and BAE Systems, major European defence contractors. Global air travel will continue to soar, generating aircraft maintenance and replacements orders. The development of greener jets will be at the forefront of aircraft making.
Semiconductors are necessary chips in numerous applications, including household appliances, consumer electronics, communication equipment and vehicle manufacturing industries. They are also crucial inputs in infrastructure, including traffic lights, alarm systems, medical equipment and solar panels. Although UK companies design and produce many semiconductors, the UK is not a global market leader and contends with intense international competition from microchip giants like Taiwan, China, Japan and the US. Despite this, foreign interest in UK chip manufacturers has increased, with the UK leading the way with start-ups working on semiconductor technologies in Europe. For example, the Newport Wafer Fab, now operating as Vishay Newport Ltd, has had several owners in recent years. Over the five years through 2024-25, revenue is expected to dip at a compound rate of 3.6% to £1.8 billion. Since the EU referendum, some offshoring activity has occurred, with some companies outsourcing production line elements to countries that can provide manufacturing at lower labour costs and improve efficiencies, known as ‘fabless’ production. Revenue tanked over 2020-21 as manufacturers struggled to get the necessary components to produce microchips while downstream markets reduced orders. Over 2021-22 and 2022-23, downstream markets reopened and the global chip manufacturing output couldn't accommodate the surge in new orders in these markets, creating excess demand and propelling selling prices and revenue growth. However, the semiconductor market cooled over 2023-24 as a challenging economic environment lowered order volumes. Over 2024-25, revenue is forecast to inch downwards by 0.7%. Over the five years through 2029-30, revenue is expected to expand at a compound rate of 4% to reach £2.2 billion. The UK National Semiconductor Strategy reveals a new plan to double down on design, research and advanced chip leadership, propelling revenue growth over the coming years. Meanwhile, the emergence of 5G, AI and the Internet of Things (IoT) will significantly broaden the market for advanced semiconductors. These technologies require highly sophisticated semiconductor devices with low power consumption, high performance and connectivity features, which UK manufacturers are increasingly championing. However, intense international competition will continue to weigh on revenue prospects as Asian manufacturers strengthen their hold over the global semiconductor market.
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United Kingdom UK: GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 18.325 % in 2013. This records an increase from the previous number of 17.704 % for 2012. United Kingdom UK: GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 13.848 % from Dec 1963 (Median) to 2013, with 47 observations. The data reached an all-time high of 19.737 % in 2009 and a record low of 12.015 % in 1963. United Kingdom UK: GDP: % of Manufacturing: Food, Beverages and Tobacco data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s UK – Table UK.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;
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Movements in the volume of production for the UK production industries: manufacturing, mining and quarrying, energy supply, and water and waste management. Figures are seasonally adjusted.
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Forecast: Textiles Manufacturing Production Value in the UK 2024 - 2028 Discover more data with ReportLinker!
Expert industry market research on the Malt Manufacturing in the UK (2013-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.
The Gross Value Added (GVA) of the manufacturing industry in the United Kingdom amounted to approximately 205.5 billion British pounds in 2024, compared with 128.6 billion pounds in 1990.