Tag Archives: EVE Monthly Economic Report

MER – How Much Does War Cost Delve?

CCP has released the Monthly Economic Report for July 2018 so we can see what impact moving off to war has on the Imperium’s economic engine in Delve.  So I will be comparing this to the June report which was the last peacetime period.

We might as well dive straight into mining output, as that is where Delve and the Imperium dominate every month.

July 2018 – Mining Value by Region

July saw a big hit to mining output in Delve, dropping from 14.7 trillion ISK in value in June to only 8.2 trillion ISK in value in July.  That is only 55% of the June output, a 6.5 trillion ISK reduction.  A lot of Rorquals were clearly docked up as capital and super capital pilots flew north to Cloud Ring.

And while, in the past, I have had to point out that changes in output might be related to the price in minerals from which the measure is derived, this month the economic indicators show that mineral prices were flat, even rising ever so slightly as the month moved on.

July 2018 – Economic Indices

So there is the cost of war.

Regions in northern null sec, where a lot of the war is occurring, suffered downturns as well, save for a few like Branch that stayed stable or even rose a bit.  There is no bar chart this month so we cannot see the relative rankings easily, but even a diminished Delve is still dominant.

Then there is the NPC bounty output to look at.

July 2018 – NPC Bounties by Region

As with mining, NPC bounties in Delve were down.  In June the number was 11.2 trillion ISK, but in July that number sank to 7.5 trillion ISK.  Unlike mining, which has to be sold or used in manufacturing to be turned into ISK, this drop saw 3.7 trillion ISK less flowing into the pockets of Delve pilots, with a corresponding reduction in taxes for corporations.

I wish that the bar graph for this data had been included… and I am too lazy to make one myself… because you could more easily see Branch, where many northern players have gone in order to escape the war and keep krabbing, creeping up in value compared to Delve.  July saw Branch hit almost half of Delve’s number, up from less than one third in June.

The reduction even saw a slight change in the sec status balance of bounty payouts.

July 2018 – NPC Bounties by Sec Status

Null sec dropped 0.8% causing the percentage for High sec space to rise just a bit.

Overall NPC bounties saw a mid-month dip.

July 2018 – Top 8 ISK Sinks and Faucets

War activity, move ops and battles alike, took people away from ratting.  Or, took some people away from ratting for a bit.  Even the bottom of that dip is still pretty high as an overall number.  And, ever so slightly, incursion payouts saw a dip at the same time while insurance payouts went up during the dip.

On the trade front Delve stayed steady.

July 2018 – Trade Value by Region

Instead it was Jita that saw the big boost, supplying the northern war front.  Trade in The Forge was up by nearly 50 trillion ISK in July.

July 2018 – Trade Value by Region – Bar Graph

At leas there we have the bar graph to illustrate the dominance of The Forge, home of Jita.

July 2018 – Trade Value by Region – Bar Graph, Forge Excluded

Without The Forge you can see Delve holding steady in third place behind Domain, home of Amarr, the second trade hub of New Eden.

When it came to contracts Delve again stayed steady while The Forge surged.

July 2018 – Contracts Trade Value by Region – Bar Chart

That surge may be related to the war, at least indirectly, but seems likely to be more about mutated modules from Abyssal space as they are becoming more readily available and can only be traded via contracts.

Then there is production.

July 2018 – Production Values by Region

Here again The Forge surged, but Delve sank some.  This may be due to a shortfall of minerals in the region.  I know we were already importing minerals from Jita to support production, but with the drop in mining there have been requests from leadership going out asking that we make sure and list minerals in the Delve market because they are needed.  This was a key speaking point for The Mittani during the most recent coalition fireside chat.  Minerals and ice products are in high demand.

And then there is the war time chart, destruction by region.

July 2018 – Destroyed Value by Region

Since the report lags by a month we are only now seeing the numbers for the battles at UALX-3 where a Keepstar was destroyed along with hundreds of capital ships in two consecutive bouts.  That boost the Tenerifis number by about 3.3 trillion ISK.

In Delve the numbers were up a bit as those who kept on ratting and mining while the super capital umbrella was elsewhere paid the price.  In The Forge however ganks were apparently down a bit compared to June.

And, as usual, I will close with the regional stats chart that puts a chunk of the data into one chart.

July 2018 – Regional Stats

The July numbers reflect only the start of the pan-null sec war, with the opening struggles in the south.  Already in August we have had two major battles with losses measured in trillions of ISK, so next month’s report should be interesting.

Meanwhile the shortfall in mineral and ice product production may send the prices upward.  Something to keep an eye on come next month’s MER.

You can find the July 2018 Monthly Economic Report and all of the charts it provides, along with the raw data from which they were made, over on CCP’s site under Dev Blogs.

MER – Pre-War Delve Numbers

CCP has released the monthly economic report for June 2018, and it might turn out to be an interesting report for comparison sake.  June was a month of dull peace in Delve, with ratting and mining and production and commerce rolling along unhindered.

But now, in July, we have conflicts in null sec.  Pandemic Legion has deployed to the southeast to join in on the attacks on TEST and the Legacy Coalition while the Imperium has taken PLs absence from the north as an opportunity to roll north, drop a Keepstar, and start pounding on Circle of Two and Guardians of the Galaxy.  That not only pulled a bunch of capsuleers north, but also the super capital umbrella that protects Delve as well, leaving those who didn’t get the word (which always happens), or thought they were invulnerable, open to attack.

So we can look at the June numbers as a baseline for how war changes output in Delve.  And we can start, as usual, with the mining numbers.

June 2018 – Mining Value by Region

We even have the bar graph back this month.

June 2018 – Mining Value by Region – Bar Graph

Delve is, as usual, far ahead of every other region in mining output, and second place is Querious, which is also controlled by the Imperium and the host to the monthly “locust fleet” operations to harvest moon output in the region.  The scourge of the Rorquals I suppose.

Delve was up 600 billion over May, which is fairly impressive because the mining value measurement depends on the price, and prices were again down in June.

June 2018 – Economic Indices – Three Year Snapshot

If the price of minerals is still headed down but mining value in Delve is up, that means a lot more ore had to get mined.

Mineral prices aren’t close to their all time low yet, as the long term chart shows.

June 2018 – Economic Indices Long Term

But the trend is still way down.  Cheaper prices make it harder to get rich as a miner… unless you’re running a fleet of Rorquals… but they also make manufactured items cheaper overall in Jita.  If you’re not a miner, this is probably good.  If you are, it probably pisses you off.

On the NPC bounties front, Delve also held on to its top spot.

June 2018 – NPC Bounties by Region

Again, we have the bar graph back.  Several of those went missing for the May report.

June 2018 – NPC Bounties by Region – Bar Graph

Delve, despite its dominance, was down almost 2 trillion ISK compared to May.  Meanwhile Branch was up, the place where the groups in the north have fled to escape the attentions of the Imperium SIGs and Squads.

Fade was up, almost doubling from May’s 396 billion ISK number by hitting 747 billion ISK.  That is no doubt due to Circle of Two moving in and settling down in the region and having the first half of the month free of attacks as the Imperium took two weeks off in June to give its pilots a break.  I suspect that number will be down in the July report due to the return of the Imperium.  Rumor has it that GigX has forbidden anybody to rat in anything more expensive than a VNI or mine in anything better than a T1 barge.

The share of bounties across sec status remains heavily tilted towards null sec.

June 2018 – NPC Bounties by Sec Status

High sec, which was trending up a bit over the last couple of reports, was back down to 6.2% of the total, while overall bounty payments saw a slight decline over the course of the month.

June 2018 – Top 8 ISK Sinks and Faucets

On the trade front The Forge was in no danger of losing its top position.  Jita remains the place to go to buy and sell.

June 2018 – Trade Value by Region

The bar graph shows the dominance of Jita more clearly.

June 2018 – Trade Value by Region – Bar Graph

That dominance is such that they have to make a bar graph without The Forge in order for people to see how other regions stack up against each other.

June 2018 – Trade Value by Region – Bar Graph, Forge Excluded

There we see Domain, home of Amarr, still comfortably in second place, with Delve trailing behind in third.  After that are the three other New Eden high sec trade hubs, then Geminate, home of Pandemic Horde.

For contracts however The Forge is not as dominant.

June 2018 – Contracts Trade Value by Region – Bar Chart

There are a lot of contracts in Jita, but Delve is not far behind.  As usual, I suspect this is because a lot of things like fleet doctrine ship sales, capital and super capital sales, buy back schemes, and some raw material sales are done via contract.  Still, overall, contracts remain a small item in Jita relative to the main market.

Then there is production.

June 2018 – Production Values by Region

Previously Delve was the top region for production, though the three regions in the vicinity of Jita still combined to well out produce Delve.  However this month Delve slipped, dropping from 40 trillion ISK in production in May to 33 trillion ISK in June, putting it in close competition with The Forge, which held steady with 32 trillion ISK.

What happened in Delve?  Did we run out of pilots rich enough to buy a titan finally?  Is that why The Mittani was was extolling us to get alts into supers if we already had a main in one?

Anyway, production was down.  We will see if a war suppresses it further or if losses… should we join battle in any serious way… will spur production in order to replace them.

And so this month’s chart of interest is the destroyed value by region.

June 2018 – Destroyed Value by Region

War in New Eden may make this chart interesting to compare with next month’s chart.  But I also wanted to compare it against May’s chart to see what Into the Abyss did to the numbers.  I was wondering if the losses in abyssal pockets would up the numbers.  But abyssal pockets aren’t in normal space, so in places like The Forge, ever a hot spot for suicide ganking, destruction numbers actually went down 800 billion ISK.

So Into the Abyss didn’t change the chart, but I suspect war might.  So we will revisit this one again next month.

Finally, I will close with the usual regional comparison chart.

June 2018 – Regional Stats

That just nicely summarizes the stats for a few key regions.

Those were the June numbers.  But now, in July, war is on, both in the northeast around Fade, where the Imperium is pressing on CO2 and GotG, and in the southwest, where Pandemic Legion is leading a large but loose coalition of alliances against the TEST and the Legacy Coalition.  If both conflicts carry on, the numbers could change up quite a bit.  But wars can also end suddenly.  We shall see.

Again, you can find the monthly economic report here.  It includes many more charts than I choose to review and has all the raw data if you care to make your own.

MER – Now with Fewer Charts

CCP was rolling a little later than usual with the Monthly Economic Report for May 2018.  Then again, they had a lot going on with the Into the Abyss expansion at the end of may, the great outpost conversion at the start of June, and the CSM13 election which concluded on Monday.

I also think the departure of CCP Quant means that we won’t be seeing the MER show up on the second or third of the month now.  I also suspect that CCP Larrikin, who took over the MER when CCP Quant left, has other tasks on his plate.

I figure that is why we got fewer charts this month.

I mean, the raw data is all still there so I can make all those extra bar charts myself should I so desire.  I won’t, because I am lazy, but I could, and that is the point… I think.

Anyway, on to the usual first metric, mining.

May 2018 – Mining Value by Region

Delve remains the reigning champ for mining output, with all other regions in its mighty shadow.  That now missing bar chart of regions would illustrate this nicely if I had it.

Even so, Delve’s numbers are down a bit, coming in 451 billion ISK less than the April number, a gap about equal to the total mining output of Immensea or Deklein. Are the people of Delve tiring of mining?  Have outsiders been shooting our excavator drones?  Or has the price of ore continued to fall.

Well, there is nothing to say that it isn’t the first two in some way, but the third can be seen in the economic indices chart.

May 2018 – Economic Indices

The value of minerals continues it slide, so the value of what was mined would have gone down, even had the actual cubic meters ore been the same.

And lest you panic, while the three year chart seems grim for mineral values, we’ve seen worse.

May 2018 – Economic Indices Long Term

I remember the situation back in 2010.  That was where we hit the “shuttle floor” pricing for minerals, the point at which you could buy a shuttle (which used to be sold at a fixed price by NPCs), reprocess it, and then sell the resulting minerals for as much as you paid for the shuttle.

Other regions are a bit down as well.  With Deklein it could just be the price change.  Fade and Pure Blind however, which continued to see upheaval as Imperium groups hounded MOA out of the area.  But now Circle of Two has been installed in Fade and the Imperium is on a break from the north, so we’ll probably see those numbers rebound a bit in June.

NPC bounties, on the other hand, are absolute.  The more NPCs that die, the more bounties are paid out.

May 2018 – NPC Bounties by Region

On this chart Delve not only remains at the top of the heap, but is actually up about one and a half trillion ISK over April.  That is a lot of 130 million ISK ticks.  Whatever is having an impact on mining shows no sign of harming bounty payments.  It is almost hard to account for the variations month to month in other regions where it is just a few billion ISK up or down.

One region that will probably see a rebound is Providence.  Wracked by the Pandemic Legion invasion and then the reconquista, just 89 billion ISK in bounties were paid out for the region.  If you look back six months the region was pulling in over 1.5 trillion ISK in bounties.  But now the war of the outposts is over and things will likely settle down.  We’ll have to see what TEST does with all those outposts though.

The sec status bounty split remained about the same.

May 2018 – NPC Bounties by Sec Status

Null sec remains dominant, holding 92% of the payouts.  That is still down ever so slightly, the balance seeming to have gone to High sec, which is up from 7.2% to 7.4% of the total.

Bounty payouts rose some in May.

May 2018 – Top 8 ISK Sinks and Faucets

While the number is trending up, it is still below previous peaks.

Meanwhile there is a curious bump in insurance payouts on the chart.  My instinct was to put that off to Abyssal pockets, but it looks to be mid-month.  I suspect that is related to the various wars that were going strong about then.  Still, I will be interested to see the June report to see if insurance starts to trend up a bit due to Abyssal pockets.  We shall see.

On the trade front The Forge, home to Jita, remains the undisputed leader in sheer volume.

May 2018 – Trade Value by Region

Trade value in The Forge was up by more than 11 trillion ISK.  Again, I want to know is Abyssal pocket losses are going to stoke trade, both with more ship purchases as well as increasing prices for some of the more desirable faction and heavy assault cruisers.

On the bar chart without The Forge the Domain region, home of Amarr, holds second place.

May 2018 – Trade Value by Region – Bar Graph, Forge Excluded

Delve comes in third place, behind the two major high sec trade hubs, but ahead of the three secondary hubs.

May 2018 – Contracts Trade Value by Region – Bar Chart

On contract value however, Delve remains a strong second.  I imagine this is largely due to how the purchase of fleet doctrine ships and capital ships are handled in the region.

An interesting chart this month shows how much of the fees and such goes to NPCs in stations versus to players who run citadels.

May 2018 – NPC versus Player Service Fee Payments

As we can see, despite predictions of doom, broker fees continue to be mostly an NPC thing, draining ISK out of the economy.  Also, repair bills remain almost completely an NPC thing… though who pays to repair in a citadel when you can just tether and get repaired for free?

Industry and reprocessing has moved largely to Upwell structures.  Jump clone fees though, remain mostly an NPC thing.  I think the latter is because most corps and alliances don’t want to tax their players through jump clone fees, while NPCs are happy to stick you with a 900K ISK fee every time.

Then there is production.

May 2018 – Production Values by Region – Bar Graph

Delve remains the top region for production.  All those titans and Rorquals add up.  But the trio of The Forge, The Citadel, and Lonetrek, all of which feed the Jita market, still add up to a 16 trillion ISK more than Delve.  Jita is a voracious market and it needs a lot of production and NPC drops to feed it.

Finally, the usual end chart, the regional comparison that shows how key regions stack up.

May 2018 – Regional Stats

I was thinking that perhaps the total value destroyed chart might be interesting this month.  Again, I wonder how Abyssal pockets will affect things.  But the chart didn’t change month over April, save for where there were wars or a least large battles (Wicked Creek saw a big uptick), which leads me to wonder where Abyssal pockets are.  Do your losses count towards the system, constellation, or region in which you enter a pocket, or does that all get counted in another column that isn’t currently part of the chart?

Again, I am waiting for a dev blog on Abyssal pockets and how things have gone.

Anyway, you can find the May monthly economic report in the usual location, which has a bunch of charts I did not cover as well as all the raw data you could want to make your own.

MER – Fruitful Farms and Fallow Fields

CCP has their monthly New Eden economic report out for April 2018 so it is time once again to see where the various regions rank.

I started doing posts about the monthly economic report (MER) in part to watch how Delve, the home region of the Imperium, was doing compared to that of competing coalitions.  By that sort of measure the whole things has gotten a bit dull with the repetition of “Delve wins again…” when it comes to various metrics, such as mining output.

One of the responses I figured would come in time would be the rise of some competitor, some group set to vie with the economic power of Delve.  Every month I look again for a challenger, but every month I seem to see much of the same instead, and April’s numbers seem true to form, starting with mining output.

April 2018 – Mining Value by Region

Once again Delve is at the top of the list, a point yet again accentuated by the accompanying bar graph. (As always, you can click in the charts to see them in full, or at least more legible, size.)

April 2018 – Mining Value by Region – Bar Graph

The region held steady it total value mined, though with a further dip in overall mineral prices, that may mean more actual ore, as measures by volume, was actually extracted from the region.

April 2018 – Economic Indices

Delve remains a happy place for those tending the asteroid fields, farming them for their ore, as this actual picture from Delve indicates.

Literally the Delve Standing Fleet

Perhaps more interesting these days is where mining output is going down.  Fade, Pure Blind, and Deklein, where we have been fighting a guerilla war against Guardians of the Galaxy, saw another down turn.  Deklein was especially hard hit, with output dropping from 1.36 trillion ISK in value in March to just 455 billion ISK in April.

But other places of recent conflict have been down as well.  Cobalt Edge, in the process of changing hands, saw a large drop.  Providence remains suppressed as part of the PL invasion of the region.  And even Querious, a holding of the Imperium, is down, likely due to NCDot deploying to Gehi to spur fights around there.

NPC bounties show a similar pattern.

April 2018 – NPC Bounties by Region

As the bar chart clearly indicates, Delve remains out in front on this measure as well.

April 2018 – NPC Bounties by Region – Bar Graph

While Pure Blind and Deklein both continue to decline due to our adventures in the north, Fade held steady though the number was small.  Branch, on the other hand, remained on par with last month.  Branch is the one GotG region outside of the reach of our deployment, so remains a safe(r) place for them to rat.

Meanwhile high sec saw a slight increase in its piece of the bounty pie.

April 2018 – Bounties by Space Sec Rating

In April high sec had 7.2% of the bounties, up from 6.3% in March.  That boost seems to have come as a dip in the overall amount of bounties as April wrapped up.

April 2018 – Top 8 ISK Sinks and Faucets

High sec activity, as measured by agent mission rewards, remains a constant while bounty payments fluctuate.

On trade value The Forge, home of Jita, remains the leader.

April 2018 – Trade Value by Region

It continues of dominate so hard that the bar graph is only worth looking at when you remove it.

April 2018 – Trade Value by Region – Bar Graph, Forge Excluded

With The Forge excluded Domain, with the Amarr trade hub, continues to rule. (Domain is also pretty strong for high sec mining, coming in fourth place overall and ahead of The Forge.)  Delve is behind that, but pretty strong for a null sec region.

When it comes to contracts though, The Forge’s lead dwindles.

April 2018 – Contracts Trade Value by Region – Bar Chart

The strength of Delve when it comes to contracts seems likely tied to production, as selling fully equipped ships (common for doctrine ships or when you order a capital or a super capital) boosts that.

April 2018 – Production Values by Region – Bar Graph

For whatever reason there was only a bar graph for production this month, so actual values are missing.  Delve stands out in front, though I suspect that if we were able to add up the regions around Jita, which include Lonetrek and The Citadel in addition to The Forge, we would find that those together out-produced Delve. (I could find this in the raw data, but I’m not feeling motivated enough to go download that.)

Anyway, production continues in Delve sufficient to outpace any null sec aspirant.

Then there is the regional summary chart, which I like because it stacks up a number of key items into one picture.

April 2018 – Regional Summary Stats

Last month I ended on some questions, which I guess I should try to answer.  They were:

  • Will Fade, Pure Blind, and Deklein remain down?
  • Will the Space Violence SIG showing up in the north push them down further?
  • Will the “Bee Control” attacks on Delve suppress its numbers?
  • Will the Locust Fleet boost Querious mining?
  • Will Delve production remain this high?
  • Am I going to have to bring up Fountain at some point?

I am going to call it, “Yes, yes, no, no, yes, maybe.”

And so it goes.  Another month and not much real change in who is doing what and where.

As usual, the actual monthly economic report contains more charts and all the raw data.

Delve – Now With Contract Values

The Monthly Economic Report for March dropped on Friday and contains all the usual fun data to peruse.  This is the first MER since CCP Quant left the company, so we get to blame any errors on the new minder of the report, CCP Larrikin. (We’ll get to that.)

Going down the usual path I want to look at mining first.

March 2018 – Mining Value by Region

Mining value was up in Delve by almost a trillion ISK.  This came in the face of sagging mineral prices in the market overall.

March 2018 – Economic Indices

That means that there was just more mining going on in Delve, likely related to the ever expanding moon mining operations in the region, all of which left Delve at the top of the stack again.

March 2018 – Mining Value by Region – Bar Graph

Of note are the rather static month over month value of Querious.  I was wondering if that might go up due to Locust Fleet, the attempt to mine out all of the moon mining operations in a single day.  Perhaps that did not go as well as planned.  I heard it was of to a rough start, but did well enough to carry on again this month, running yesterday.  We’ll look back again next month to see if that raises Querious.

Also of note are the falling mining output numbers for Fade, Pure Blind, and Deklein, regions in the north that have been hunted by several Imperium SIGs.  They are all down noticeably over last month, more so than the dip in prices would explain. With the departure of Pandemic Horde for Geminate, the Guardians of the Galaxy coalition has pretty much ceded the staging systems being used against them and has adopted a defensive posture, allowing the Imperium to do its fighting on their home turf, inhibiting mining and ratting operations in those regions.

And since we’re on about that, I might as well move to NPC bounty payouts where, as expected, Delve remains at the top.

March 2018 – NPC Bounties by Region

The change is moderate, up about a trillion ISK for Delve… what a world when that much ISK is a moderate change… so holds its place in the stack ranking.

March 2018 – NPC Bounties by Region – Bar Graph

As noted above, the regions in the north being stalked by Imperium forces saw some impact.  Deklein, once number three on the list, fell back to fifth, having shed nearly a trillion ISK from its 3.6 trillion ISK February number.  In this case a trillion ISK represents more than a 25% drop.  Likewise, Fade saw a significant drop, while Pure Blind wasn’t hurt too bad, but its February number wasn’t that hot to begin with.

As usual, null sec remained the prime recipient of NPC bounties, with its percentage dropping a bit, from 93.3% last month to 93.1% this month.

March 2018 – Bounties by Space Sec Rating

Overall however bounties saw a noticeable dip on the sinks and faucets chart during March, though it recovered somewhat by the end of the month.

March 2018 – Top 8 ISK Sinks and Faucets

I am not sure what was going on during that part of the month, but overall NPC bounties are down some.

On the production front Delve saw a huge surge in March, jumping from 29 trillion ISK in value in February to just past 40 trillion ISK last month.

March 2018 – Production Values by Region

This surge managed to push Delve past The Forge, the region that is home to Jita, in total production value.

March 2018 – Production Values by Region – Bar Graph

That is quite an accomplishment but, as I have noted in the past, Jita sits at the intersection of three regions, The Forge, Lonetrek, and The Citadel, so production centered on the marked hub of New Eden still exceeds Delve overall.  Still, the Imperium is building a lot of stuff as The Mittani encourages people to train into titans.

On the trade value front The Forge remains dominate.  There is a reason manufacturing is clustered around there, it is the place to sell things.

March 2018 – Trade Value by Region

The dominance of The Forge and its Jita market nexus is made starkly clear by the bar graph.

March 2018 – Trade Value by Region – Bar Graph

The next two contenders, Domain, home to Amarr, and Delve, fade in comparison to such an extent that CCP provides the same graph without The Forge every month, just so you can see how the rest of New Eden compares.

March 2018 – Trade Value by Region – Bar Graph, Forge Excluded

There you can see how the other regions compare to each other when the shadow of The Forge is removed.

This month we got an additional insight into trade when CCP Larrikin added charts about the value of contract transactions per region.  Unfortunately, the main chart appears to have problems.  It is not labelled correctly (it just says trade value by regions) and the number for The Forge is clearly wrong. (Blame assigned.)  However, the accompanying bar chart appears to be correct both in labeling and data, so I will toss that in.

March 2018 – Contracts Trade Value by Region – Bar Chart

Here The Forge is still on top, but Delve is not too far behind.  This is likely due to the fact that doctrine ships are generally purchased by line members assembled and loaded via contract and because capital and super capital purchases are also often done by contract.

Finally, I will end on the usual chart, the comparison of various stats across key regions.

March 2018 – Regional Summary Stats

Things to look for next month:

  • Will Fade, Pure Blind, and Deklein remain down?
  • Will the Space Violence SIG showing up in the north push them down further?
  • Will the “Bee Control” attacks on Delve suppress its numbers?
  • Will the Locust Fleet boost Querious mining?
  • Will Delve production remain this high?
  • Am I going to have to bring up Fountain at some point?

Anyway, that is my look at the New Eden Monthly Economic Report.  The report itself has many more charts and the raw data on which they were based, so if numbers are your thing you should go take a look.  Over at INN they have taken the raw data and rolled a few of their own graphs, if you want to see some of the data presented in a different way.

Delve – Mining Surge

The EVE Online monthly economic report for February came out on Friday, so it is time to see one again what is up in the New Eden economy.

As the title suggests, the first thing I want to look at is mining, which went up quite a bit in Delve during February.

February 2018 – Mining Value by Region

As the chart says, the value of ore mined in Delve in February stood at 13.5 trillion ISK, up substantially from the 8.1 trillion ISK value reported last month.

However, as I always bring up, mining value is based on the current market price of ore and minerals, so if the price spiked the value on the above chart might go up without there being any real change in mining output as measured in m3.  So what did the pricing do in last month?

February 2018 – Economic Indices

The price, after having risen some in January, looked to have stayed fairly flat over the last month.   Meanwhile, the output for other regions did not change as much.

February 2018 – Mining Value by Region – Bar Graph

Querious and Deklein both saw a bit of an increase, though nothing like the 66% increase that Delve saw.  The question is what drove that boost?  One theory is that as more moon mining platforms come online, they become a regular part of the yield, helping to increase total value.

Anyway, the Imperium appears to happily mining away in Fortress Delve.  And the coalition is looking to expand that.  Yesterday was a region-wide moon mining op in Querious.  All the moon mining platforms were set to come out together, so the super cap umbrella moved to cover the region as the locust-like swarm of Rorquals descended to strip the moons clean.  I haven’t heard anything about the success of the op… other than it started late, so some early risers got the best pickings… but if it went well I expect we will see the number for Querious rising in the March report.

The next boost in Delve, though much smaller than mining, was NPC bounties.  With everybody back from the Million Dollar Battle in January, it looks like people went to work to earn ISK to replace those lost fighters.

February 2018 – NPC Bounties by Region

That pushed the value of NPC bounties take to 10.5 trillion ISK, up 1.5 trillion from January.  Delve remains far and away the largest region for NPC bounties.

February 2018 – NPC Bounties by Region – Bar Graph

The overall percentage of bounties collected in null sec went up a bit, from 92.8% in January to 93.3% in February.

February 2018 – Bounties by Space Sec Rating

I guess that the Guardians Gala event did not spur High Sec to shoot more NPCs.

Overall NPC bounties saw a slight dip in February.

February 2018 – Top 8 ISK Sinks and Faucets

However, the bounties collected remain very high, something CCP seems disinclined to look into.

On the production front, Delve continues to keep pace right behind The Forge in total output, clocking in with 29 trillion ISK to The Forge’s 30 trillion ISK in production.

February 2018 – Production Values by Region

That narrowed the gap over last month though, as I point out every month, Jita’s location means that you must include Lonetrek and The Forge as part of the Jita focused economy.

February 2018 – Production Values by Region – Bar Graph

Neither Lonetrek nor The Citadel look like much compared to Delve, but combining them with The Forge gives the three a combined total of over 55 trillion ISK in production output.  Jita remains safe on its throne as the king of commerce in New Eden, and all the more so when the trade value charts are explores.

February 2018 – Trade Value by Region

The Forge, hosting Jita (and Perimeter), adds up to a total of 661 trillion ISK in trading value, a number so big that it dominates the bar graph pretty handily.

February 2018 – Trade Value by Region – Bar Graph

The bar graph without The Forge better shows the granularity of the other regions.

February 2018 – Trade Value by Region – Bar Graph, Forge Excluded

Without The Forge, Domain, home to Amarr, is the top trading destination, with Delve coming in third, ahead of the lesser high sec trade hubs.

Then there is the regional stats comparison graph that I like to look at every month just to get a high level view of some of the key regions.

February 2018 – Regional Summary Stats

Finally, the bonus graph this month has to be the Trade Balance graph.

Feb 2018 – Trade Balance by Region

The interesting item there is Providence, which exported 15.675 trillion ISK in February.

That represents the evacuation of assets by Provi-bloc, which seems to be crumbling in the face of the onslaught by Pandemic Legion and NCDot.  So, in addition to the hole in the north left by Pandemic Horde moving from Fade and Pure Blind to Geminate, there looks like there will be a change in Providence as PanFam continues its drive there.

PL owns the north of Providence now

That puts PL closer to the Legacy Coalition, which includes TEST and Brave, both favorite targets of PanFam in the past, as well as being much closer to Querious and Delve.  We will see what happens with that.

And we will also see next month what impact Burn Jita had, if any, on the economy of New Eden.

The monthly economic report is available as a dev blog and contains more charts than I have shown as well as the raw data used to generate them, if you want to roll your own.

Delve – Did the Million Dollar Battle Make a Dent?

CCP Quant was quick again to get up the Monthly Economic Report so we can see what happened in New Eden in January.  The new community page layout changed the way you interact with the report a bit.  You can no longer just click on a chart to see it full size.  Instead you have to right click on the charts and select the option to open them up in another tab.

Not a huge deal… unless you use Firefox… but annoying and pointless.  CCP could have done better.  Also, the sorting of charts was odd this time around, and a couple of the interesting bar charts got dropped.  Again, not huge but annoying.

The huge deal, for me at least, is that CCP seems to have killed off the RSS feeds for their community sites.  CCP seems to only care about Facebook and Twitter these days, both of which monkey with what you even see in your feed, so are completely unreliable.  RSS isn’t new and sexy, but it is solid and reliable… and so CCP has abandoned it.  Another metaphor in that I am sure.

CCP has yet to respond to any questions about RSS.  They probably expect that nobody uses it and that nobody will notice it is gone.  And who knows, they might be right, but so far it is just silence.

Anyway, the million dollar battle that wasn’t happened during the latter half of January as the Imperium mobilized and headed north with their big toys to shoot a Keepstar in Cloud Ring, so this month’s question is whether or not that had any impact on the report.

First up is mining value, where Delve continues to dominate.

January 2018 – Mining Value by Region

You can click on that chart, or any chart in this post, to see a larger version.  No need to muck about opening new tabs… or another browser if you use Firefox.  It isn’t hard.

The bar chart shows Delve relative to other regions.

January 2018 – Mining Value by Region – Bar Graph

The value of ore mined mined however was down to 8.1 trillion ISK in value from 11.5 trillion ISK in December.

But as I mentioned last month, that value is based on the market value of minerals in New Eden, so a drop in that price lowers the ISK amount mined, even if the total volume remains the same.  So what happened to mineral prices in January?

January 2018 – Economic Indices

Mineral prices actually bounced a bit and went up.  So I think we can see a palpable reduction in mining in Delve in January.  Now, did the battle cause it or did everybody just have to go back to work in the new year?  I don’t know, but something did have an impact.

The next indicator is everybody’s favorite to love or hate, NPC bounties, the one that shows actual ISK being brought into the economy of New Eden.

January 2018 – NPC Bounties by Region

Last month bounties in Delve were just shy of ten trillion ISK, this month they are just over 9 trillion ISK.  That is still a lot, and Delve remains at the top by a fair margin… Branch, the next highest number, is just past half of Delve… but still a bit of a decline.

CCP opted not to include the bar charts associated with bounties, so we’ll skip right to the sink and faucets graph.

January 2018 – Top 8 ISK Sinks and Faucets

That chart shows a clear dip around the third week of January when a lot of null sec was suddenly pulled into this battle.  Not that big of a dip though, and it spiked back up and continued its ongoing ascent, leading once again to the musical question, “Is CCP going to do something about this?”  Certainly nothing has been discussed in public.  Soon we’ll all be able to afford titans… unless inflation kills us.

On the trade value by region front, the bar chart that excludes The Forge region, with Jita and Perimeter, shows the Delve market continues to boom.

January 2018 – Trade Value by Region – Bar Graph, The Forge Excluded

Though the battle might have sparked some sales to get into doctrine ships, only those who produce fighters will have likely seen a boom in the post-battle market.  So many fighters sacrificed.

In production Delve again remains second to The Forge, the economic heart of New Eden.

January 2018 – Production Values by Region – Bar Graph

Again, lots being built in Delve… fighters especially I imagine… but not much of it was consumed by the battle, so the build up in the region continues.  You think I am joking about titans, but there is a push to get more of the Imperium into the big ships via the “make ISK, but skill injectors, skill up to a titan, make more ISK, buy a titan” path.

Finally, there is the overall summary graph that I like to include each month.

January 2018 – Regional Summary Stats

In summary, while the million dollar battle had some visible impact on the economic activities in New Eden, it wasn’t that much.  You can see where it was on one of the additional graphs.

January 2018 – Peak Concurrent Players by system

There were lots of players in and about the Cloud Ring region.  However, the wheels of industry continued to turn all the same.

Anyway, another month and another economic report.  You can look at the full report which includes additional charts and all of the raw data if you are interested in the New Eden economy.  Just mind the horrible new site that is hosting it.