April Monthly Economic Report

Rhivre 2017-05-06

CCP released the Monthly Economic Report yesterday, with fixes to account for mining drones and correctly calculate total trade in regions. Full graphs can be seen in the devblog, but we will quickly run through some of the interesting ones here.

First up is the production vs destruction graph, which shows that production is continuing to decline from its peak in February. The climb in Autumn last year was partly due to the release of Engineering complexes and their proliferation. The slump post-February is down to a number of factors, including stockpiling of minerals occurring as their prices fall, and saturation of the market for both Citadels and Engineering Complexes, with smaller structures selling below build cost. The Rorqual changes have also reduced demand, and those who want them have largely got them by now.

As we will see later, production is still continuing apace, so don’t panic about that, but it is dropping off from its peak. I expect there to be a spike again as we move towards the release of Refineries towards the end of the year. A war kicking off could also spike production again, but there are large stockpiles of ships dotted around New Eden.
Production vs Destruction April 2017

The next chart provided summarises the key details of the MER.

Regional Summary April 2017

Now that mining is accurately reported (previous reports did not include the figures from mining drones), as well as the trade values now showing Citadels and Engineering Complexes with markets, we can get a better overview of what is going on in Eve.

As expected, the economic dominance of Delve is clear, with the correct trade values now showing the region to be behind only The Forge, Domain and Sinq Laison. This is the first time that Delve has appeared on the summary, as without citadels, Delve only had around 500b of trade per month and so did not feature on the top 20 regions to make it into the summary each month.

This was last months regional summary:
March Regional Summary

By comparing last month’s numbers for total trade, and this month, we can get an approximation of the trade done in citadels in each of the top 20 regions, and by extension, an estimate of income from citadels. To take a look at some of the key regions and their approximate income from citadels:

The Forge: 115B (assuming average 0.1% broker fee rate)

Domain: 3b (Assuming 0.5% broker fee)

Sinq Laison: 18B (Assuming 1% broker fee)

Delve: 364B (Assuming 2% broker fee)

Providence: 15B (Assuming 1% broker fee)

This roughly matches with the calculations we did last month using CREST exports to calculate citadel incomes.

Mining

Mining value is one of the frustrating figures for me, as until this month it did not include mining done by drones, which meant the numbers from nullsec did not accurately include Rorquals. Usually, this would not have been so much of an interesting topic (apart from Delve does a lot of mining, but we already knew that), but last month, TEST did their Manhattan project, or “Mine for a month to build Dreads.” This was announced at the beginning of April, so a comparison to the March MER would have provided some gauge for how much they did, unfortunately, not only did previous months not include drones, but the March MER did not have mining in it at all due to a problem with the data.

What is clear from the mining graphic is how under-reported mining was before. In the last MER to have mining data (February), Delve had 1.6T ISK worth of mining done, the highest in New Eden. Now with drones added, it has 6.6T ISK worth of mining in the region, putting Delve in a different league to every other region in Eve. Delve’s closest competitors are Deklein and The Forge, at 1.4T ISK each.

Production

Production, as noted at the top of this article, is down again this month, with the Forge dropping from 32T production down to 25T, and Delve dropping from 19.6T to 15.6T, but both locations retain the #1 and #2 spot in terms of industrious industrialists.

Esoteria saw an increase from 3.5T to 3.7T ISK, perhaps indicating the increase expected during their Dread building marathon.

Staying with production-related topics…

The service fees show how much is paid to NPCs vs Players for various services. Broker fees have stayed pretty much the same month-on-month, 1.36T in March and 1.33T in April, but the ISK received by players for Industry Tax dropped dramatically from 114B to 99B, while that paid to NPCs dropped from 68B to 62B.

Final thoughts

After this month’s corrections, it will be interesting to be able to follow development of citadel markets (or lack of). The surprising thing with being able to compare the two data sets is that outside of The Forge, citadels in highsec really have not had much of an uptake, and given the low tax rates in The Forge, the income is lower than some people expected. The dominance of Delve in many areas will have come as no surprise to most people, although that does not detract from the impressive numbers in any way. Delve mines more than pretty much the rest of nullsec combined, and isn’t far off of producing more than all of nullsec, so “already replaced” is more like “already replaced several times over.”

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Comments

  • Rolfski

    Every time I read these reports the question comes to mind: Why the heck aren’t goons invading/attacking? Have they become a bunch of risk-aversive (what risk is their anyway when you have the numbers) care bears?

    May 6, 2017 at 12:04 pm
    • MakeEveGreatAgain Rolfski

      Invading what? and why?

      May 6, 2017 at 12:56 pm
      • Invading to stay relevant and boost morale, really. Never in my life I have seen goons so afraid to go to war.

        May 6, 2017 at 11:24 pm
        • Moomin Amatin Rolfski

          I think you are missing the point here dear.

          We fought the Casino War for around 8 months last year while massively outnumbered. We then took over Delve, another couple of months. We have also been able to fight to help our allies and friends. All the time we have been able to watch those who fought against us turn on each other. It should not be forgotten that we have also been busy building, not only infrastructure but also new doctrines. This has all been done under our banner and obvious to any looking at the map. Now can you say that about any other group in Eve?

          May 6, 2017 at 11:37 pm
          • Rolfski Moomin Amatin

            All I’m saying it’s time for goons to get on the initiative again. Those trapped 93PI supers should have been long replaced multiple times by now. There’s really no excuse any more to stick to the defensive.

            May 6, 2017 at 11:45 pm
          • Moomin Amatin Rolfski

            You think we are here for your benefit?

            To quote an ex-goon who gave up and quit as he was weak: “We are not here to ruin the game; we are here to ruin your game”.

            Also you know where we are so come and visit us some time. Nothing to stop you from invading us again if you want. The best bit if you do is that we know what to do this time around. So see you soon?

            May 6, 2017 at 11:49 pm
          • Rolfski Moomin Amatin

            Goons are here for their benefit, which is shaking shit up. And people like me can actually appreciate them for it.

            May 6, 2017 at 11:53 pm
          • Moomin Amatin Rolfski

            Well we did shake things up. We shook them up so much we fought the largest group ever formed in the guise of the Money Badger Coalition. Now we are sitting back and watching how well that has worked out for others.

            We “lost” the Casino War and had to move once. Many of the self-proclaimed winners are still on the move. The only group that can really claim to have won is PL. They played much of Eve for fools, yet again. Luckily for PL the rest of Eve seems to have a very short memory.

            May 6, 2017 at 11:57 pm
          • Rolfski Moomin Amatin

            Butt-hurt talk like this I couldn’t care less about tbh. All I care about is spirit. And frankly I have a hard time nowadays to find the spirit within goon members that was so prolific a year ago.

            May 7, 2017 at 12:04 am
          • MakeEveGreatAgain Rolfski

            Well why don’t YOU invade delve, and show everybody how it’s done?

            May 7, 2017 at 12:12 am
          • Caleb Ayrania MakeEveGreatAgain

            Didnt Gobbins already evict Goons from Delve?

            May 7, 2017 at 12:21 am
          • Supposedly, goons are unbroken after their WWBee loss. But frankly all I’ve heard is whining from them since then.

            May 7, 2017 at 12:43 am
          • Gee Rolfski

            all im hearing is “grr why wont goons give me the content i feel i deserve :(”

            u want content go find it.

            May 7, 2017 at 5:32 pm
          • Rolfski Gee

            It’s line members like you that deserve this content, not me.

            May 7, 2017 at 10:57 pm
          • Gee Rolfski

            heh, so you also want to dictate what content we feel we deserve too? nice.

            im fine with the content i have right now tyvm, i dont need someone from the other side of the internet dictating my desires for me.

            May 9, 2017 at 3:27 am
          • Rolfski Gee

            Well, good for you then. Stay happy!

            May 9, 2017 at 11:37 am
          • No thanks. We’ve been the content creators for a decade. It’s your turn now.

            May 7, 2017 at 2:21 am
          • man the goons that exist in your mind sure do sound a lot different than the ones that are in actual reality

            May 7, 2017 at 2:24 am
          • Rolfski querns

            The goons I know announced a viceroy program over a year ago on this very website, to kick some ass and create some content for their members.

            May 7, 2017 at 8:59 am
          • this guy has no clue how we actually operate and it’s sad seeing him continuously draw wrong conclusions from basically everything we do

            May 7, 2017 at 11:39 am
          • Rolfski querns

            Indeed, I’m just an outsider following the game. I don’t need to be a goon to see the insane carebear riches they’re building up and conclude it’s about time they’re putting it to good use.

            May 7, 2017 at 4:14 pm
          • Anders Jensen Rolfski

            That is your definition of good use!

            May 16, 2017 at 12:38 am
          • Rolfski Anders Jensen

            Believe me, it’s yours as well

            May 17, 2017 at 1:28 am
          • nah, the riches pile is shameful and tiny, check back in about three or four years

            May 17, 2017 at 1:29 am
          • Moomin Amatin Rolfski

            The fact that you went with the “butt-hurt” line only shows too well how little you know. Of both me and The Imperium.

            So off you pop dear and head over to Reddit. Your “input” will be very likely far better received there. Perhaps even some karma for you.

            May 7, 2017 at 4:54 am
          • Rolfski Moomin Amatin

            Well guess what? On reddit you get the same butt-hurt comments from goon members: “Everybody is against us”, “PVP has become terrible after we lost WWBee”, “carebearing is more fun”, bla bla bla.

            May 7, 2017 at 8:55 am
          • Gee Rolfski

            lol

            May 7, 2017 at 5:30 pm
        • Caleb Ayrania Rolfski

          Staying relevant? Compared to whom?

          May 7, 2017 at 12:26 am
          • Rolfski Caleb Ayrania

            In the game, it’s what’s bringing in the new recruits. Question of course is what kind of recruits you’re going for. If you’re going for carebears I guess these monthly reports prove you’re right.

            May 7, 2017 at 9:19 am
          • Rhivre Rolfski

            Weirdly though, Zkill says they do more than carebearing. Although, I am guessing your next statement will be that the PvP they do does not count.

            May 7, 2017 at 12:03 pm
          • Rolfski Rhivre

            You mean interceptor trolling I saw on DBRB’s stream last week? If that’s enough PvP to keep your line members happy nowadays, sure it counts. I guess WWBee did leave its scars then.

            May 7, 2017 at 4:26 pm
          • Rhivre Rolfski

            Ah, yes, it is true, goons ability to fly anything larger than interceptors has been reduced by extracting of skill points for ISK. Although, I heard that one or two of them can fly a cruiser still, but I have been unable to confirm this.

            May 7, 2017 at 5:15 pm
          • Erick Asmock Rhivre

            I heard there is a new a battle mimosa doctrine most can fly. Or, is that a battle miasmos? I can never remember that doctrine. Anyone have any orange juice?

            May 9, 2017 at 11:19 am
          • Moomin Amatin Rolfski

            Well you are certainly hitting all the marks here Rolfski:

            Concern trolling – check.
            What “goons” should be – check.
            No skin in the game – check.
            Armchair leader – check.
            Able to read minds – check.

            I dare you to actually make a statement based on reality, in fact I double dare you.

            May 8, 2017 at 9:12 am
          • Rolfski Moomin Amatin

            Lol, the fact that you’re already checking me out makes me laugh. If my intentions were actually trolling than it would be for sure be mission accomplished.

            May 8, 2017 at 11:44 am
          • Moomin Amatin Rolfski

            YOU HAD ONE THING TO DO!!!! – lol.

            and you failed.

            If by “checking you out” you mean reading a comment on a site about a game I enjoy then you are indeed correct. You have won. Well done to you.

            May 8, 2017 at 3:32 pm
          • Rolfski Moomin Amatin

            I didn’t came here to “win”, but if you feel inclined so to express that I have, thks I guess?

            May 9, 2017 at 11:40 am
          • tobix94 tobix Rolfski

            Well Rolfski maybe we are just patient and wait for the right moment to burn everything.

            May 10, 2017 at 10:09 am
          • Anders Jensen Moomin Amatin

            He is my inspiration, you will remove that sarcasm from your post or I will triple dare you.

            May 16, 2017 at 12:39 am
    • Marian Ollhoff Rolfski

      Thing is, if they get involved in a war the delve industry/ratting suffers a lot, there was a reddit post with the graphs around the winter war, and it broke in incredibly. So why not just dig in and get rich while waiting for the content to come on its own?

      May 6, 2017 at 3:28 pm
      • Rolfski Marian Ollhoff

        So you’re basically suggesting goons should be another carebear alliance?

        May 6, 2017 at 11:25 pm
    • dragonshardz Rolfski

      What purpose would invading someone else serve?

      May 6, 2017 at 4:11 pm
      • Rolfski dragonshardz

        It’s the purpose why this game exists and that no other game in history has to offer at this level, which is projecting control. Rewriting the
        rules and have everybody playing it on your terms. Goons were once
        masters at it, hate to see them pursuing the irrelevant path.

        May 6, 2017 at 11:20 pm
        • Caleb Ayrania Rolfski

          I suggest reading the turtle and the hare, or the three little piggies. 🙂

          May 7, 2017 at 12:19 am
          • Rolfski Caleb Ayrania

            So you’re building a stone house now to protect yourself from the evil, angry wolf that’s called Eve? Right.

            May 7, 2017 at 9:24 am
          • Anders Jensen Rolfski

            Please google: “How do I communicate with other people on the internet?”
            Then google: “Why is my perspective different from others?”
            Then report back here and tell us what you have learned!

            May 16, 2017 at 12:34 am
          • Rolfski Anders Jensen

            Who says you’re communicating?

            May 17, 2017 at 1:32 am
        • dragonshardz Rolfski

          Implying we aren’t already playing the game by our own rules and stockpiling assets/ISK to be able to weather the next war.

          May 7, 2017 at 12:25 am
          • Rolfski dragonshardz

            Exactly, stockpiling ISK should at best be a mean to get to war. Not a goal in itself.

            May 7, 2017 at 9:12 am
          • Pazuzu dragonshardz

            “weather”.. as in dock and log off.

            May 27, 2017 at 12:36 pm
          • dragonshardz Pazuzu

            Nice reply to a three-week old comment, idiot.

            And yes, we weathered the way by *not* feeding our supercap fleet and *not* giving our enemies the ~~decisive gudfite~~ they wanted. What the hell else did you expect? Did you seriously expect us to gleefully ensure every single super died and then spend the rest of our existence getting farmed by PL?

            May 28, 2017 at 2:58 am
        • Goons have never been relevant. Thanks for the concern troll though!

          May 7, 2017 at 2:24 am
          • Rolfski querns

            Keep telling that to yourself mate.

            May 7, 2017 at 9:12 am
          • Am I wrong though

            May 7, 2017 at 11:37 am
  • Caleb Ayrania

    Oh Delve you’re so crazy! I think its pretty clear that Goons remain in a league of their own. The interesting part is when will markets mature and when will the fees on trade move to match actual expenses, it seems that we are still running structures as a loss leader for service.

    May 6, 2017 at 12:14 pm
  • Anders Jensen

    This is awesome journalism.

    May 15, 2017 at 11:34 pm