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According to the results of the 2009 Annual Survey of Economic Activities - Industrial Sector released today (December 10) by the Census and Statistics Department (C&SD), the manufacturing sector's total receipts (comprising sales and other receipts) amounted to $168.1 billion in 2009, representing a decrease of 7.7% compared with 2008; on a per establishment basis, total receipts decreased by 2.0% compared with 2008 to $15.6 million in 2009.
Operating expenses and compensation of employees of the manufacturing sector altogether amounted to $156.1 billion in 2009, representing a decrease of 7.6% compared with 2008; on a per establishment basis, they decreased by 1.8% compared with 2008 to $14.5 million in 2009.
Gross surplus of the manufacturing sector, which is equal to total receipts less operating expenses and compensation of employees, decreased by 10.2% compared with 2008 to $12.0 billion in 2009; on a per establishment basis, gross surplus decreased from $1.2 million in 2008 to $1.1 million in 2009. Gross surplus accounted for 7.2% of total receipts in 2009, down by 0.2 percentage point compared with 2008.
Value added of the manufacturing sector, which is a measure of its contribution to Hong Kong's Gross Domestic Product, decreased by 4.9% compared with 2008 to $32.1 billion in 2009; on a per establishment basis, the value added was $3.0 million in 2009, which increased by 1.0% over 2008.
According to the survey results, it was estimated that the manufacturing sector comprised some 10 800 establishments and engaged about 116 800 persons, or an average of 10.9 persons per establishment, in 2009.
Within the manufacturing sector, the four largest industry groupings in terms of value added in 2009 were (1) food, beverages and tobacco industry; (2) metal products, machinery and equipment industry; (3) paper products, printing and reproduction of recorded media industry; and (4) chemical, rubber, plastic and non-metallic mineral products industry. They together accounted for 71.8% of the value added of the manufacturing sector.
In the food, beverages and tobacco industry, total receipts amounted to $28.7 billion while operating expenses and compensation of employees totalled $25.2 billion in 2009. Gross surplus increased from $3.4 billion in 2008 to $3.5 billion in 2009, accounting for 12.1% of total receipts in 2009. Value added decreased by 3.0% compared with 2008 to $7.5 billion.
In the metal products, machinery and equipment industry, total receipts amounted to $65.3 billion while operating expenses and compensation of employees totalled $62.7 billion in 2009. Gross surplus decreased from $3.4 billion in 2008 to $2.6 billion in 2009, accounting for 4.0% of total receipts in 2009. Value added decreased by 4.2% compared with 2008 to $6.9 billion.
In the paper products, printing and reproduction of recorded media industry, total receipts amounted to $16.4 billion while operating expenses and compensation of employees totalled $14.9 billion in 2009. Gross surplus decreased from $2.3 billion in 2008 to $1.5 billion in 2009, accounting for 9.4% of total receipts in 2009. Value added decreased by 9.0% compared with 2008 to $5.1 billion.
In the chemical, rubber, plastic and non-metallic mineral products industry, total receipts amounted to $13.9 billion while operating expenses and compensation of employees totalled $12.1 billion in 2009. Both gross surplus and value added remained broadly unchanged between 2008 and 2009. In 2009, gross surplus was $1.8 billion (accounting for 12.9% of total receipts) while value added was $3.6 billion.
In addition to manufacturing establishments, the industrial sector also includes establishments engaged in mining and quarrying; electricity and gas supply; and sewerage, waste management and remediation activities. Selected statistics for the industrial sector, with breakdowns by major industry grouping, are shown in the attached table.
More detailed survey results on the industrial sector will be given in the report "Key Statistics on Business Performance and Operating Characteristics of the Industrial Sector in 2009". Users can download this report (in PDF format) free of charge at the website of C&SD (www.censtatd.gov.hk/products_and_services/products/publications/statistical_report/commerce_and_industry/index.jsp) as from end-December 2010.
The classification of industries follows the Hong Kong Standard Industrial Classification (HSIC), which is used in various economic surveys for classifying economic units into different industry classes. Upon the implementation of the HSIC Version 2.0 by the C&SD in October 2008, the new classification has been adopted in compiling statistics on the business performance and operating characteristics of various sectors starting from the reference year of 2009. The series of the statistics on the business performance and operating characteristics of various sectors under the HSIC Version 2.0 has also been backcasted to the reference year of 2005 to facilitate comparison.
For enquiries about the key statistics on business performance and operating characteristics of the industrial sector, please contact the Industrial Production and Tourism Statistics Section of the C&SD (Tel: 2882 4208; Fax: 2123 1048; Email: manufacturing@censtatd.gov.hk).
Ends/Friday, December 10, 2010
Issued at HKT 16:41
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