Tag Archives: EVE Monthly Economic Report

The June MER Shows Industry Still in a Slide in EVE Online

We got the Monthly Economic Report for June on Thursday and it once again gives us some insight into both how CCP’s economic starvation plan is going as well as the quiet nature of World War Bee since PAPI gave up trying to attack the Imperium and tried to settle for containment.

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Yes, I know that just yesterday CCP announced that scarcity would be ending at some point in Q4 2021.  But Q4 is more than a month away and nobody said changes would hit on October 1st, so we have go to war with the economy we have, not the economy we might want.  Or something like that.  It is time again time to take a look at the numbers that CCP provides, imperfect though they be.

Production

I’ll start with production, the focus of the MER since the big industry changes hit in April, and the red line on the chart that represents how much is being produced in New Eden.

June 2021 – Production vs Destruction vs Mined

Production continued its decline since the peak right before the change, which represented producers attempting to get some inexpensive builds done before the rug was pulled out from under them.  The slope isn’t as steep as it was April, or even May, but the trend is still downward.

That chart also shows destroyed (blue) and mined (yellow) in decline as well, no doubt in part due to battleships and capital ships being so much more expensive to build that people are even more reluctant to risk them, which in turn help keep production trending downward.

The top regions for production were:

  1. The Forge – 16.75
  2. Delve – 8.59 trillion
  3. The Citadel – 6.63 trillion
  4. Lonetrek – 6.09 trillion
  5. Fade – 4.47 trillion
  6. Vale of the Silent – 4.34 trillion
  7. Sinq Laison – 3.79 trillion
  8. Domain – 2.76 trillion
  9. Malpais – 2.30 trillion
  10. Querious – 2.28 trillion

All of the top ten save for Fade were down from May, and Fade only broke even.  Overall production amounted to 88.87 trillion ISK in value, down 27 trillion from May and 80 trillion from April.

Destruction

Since it is tied in with production, I’ll move on to destruction.  That ships and modules are destroyed is what gives EVE Online a viable economy, it makes industry a useful path in New Eden, and it was down.

The top regions for destruction in June were:

  1. The Forge – 1.76 trillion
  2. Delve – 1.63 trillion
  3. The Citadel – 1.62 trillion
  4. Lonetrek – 1.43 trillion
  5. Vale of the Silent – 1.16 trillion
  6. Querious – 1.08 trillion
  7. Genesis – 959 billion
  8. Sinq Laison 944 billion
  9. Pochven – 738 billion
  10. Metropolis – 715 billion

High sec regions around Jita, The Forge, The Citadel, and Lonetrek, resumed their peacetime position of dominance when it came to destruction.  Delve came in second, there allegedly being a war going on there, but it rang in 400 billion less than the June 2020 MER, which was the last pre-war look at destruction.

The one surprise, at least to mean, is to see Pochven on the list.  Hidden away from most of New Eden and requiring a rep grind to be a viable place to earn ISK, there are clearly a few people fighting over that particular street corner.  Also, CCP has managed to drop if from the data before.

Total destruction for June totaled up to 27.65 trillion ISK in value, down 5 trillion ISK from May, but way down from the 45.67 trillion ISK destroyed in the June 2020 MER.  The regions around Jita have been especially slack when compared to that time.  The trend is down.

Mining

The third leg of the economic engine of New Eden, mining represents raw material demand needed for production and, with demand slackening, mineral prices continued their descent from the all time high in April when producers were bidding up supply to get those last jobs building.

June 2021 – Economic Indices

The drop wasn’t as steep in June, and there has been some rise in specific minerals like morphite, but the trend is following production and destruction.  With asteroid yields having been nerfed and prices descending, less people will likely undock to mine… unless they’re high sec Orca bots.

For June the top ten regions for mining were:

  1. Vale of the Silent – 1.98 trillion
  2. Domain – 1.24 trillion
  3. The Forge – 1.16 trillion
  4. Metropolis – 828 billion
  5. Insmother – 668 billion
  6. Sinq Laison – 657 billion
  7. Malpais – 612 billion
  8. Everyshore – 584 billion
  9. Genesis – 579 billion
  10. Lonetrek – 565 billion

Fraternity, determined to be an economic power, tops the list with Vale of the Silent, one of their newly conquered regions.  Malpais, a PanFam region, was the other null sec region to make the list this month, the rest being high sec space.

Total amount mined was valued at 24.45 trillion ISK, down almost 6 trillion ISK from May.

ISK Faucets

Where people get their cash money in New Eden.  As expected commodities remained the top ISK faucet, a situation unchanged since the final round of NPC bounty nerfs that came with the ESS and variable bounty rates.

June 2021 – Faucet end of the chart big chart

That said, both commodities and NPC bounties were down from May, while incursion payouts remained about on par with the previous month.  The simple answer seems to be that there was less ISK earning activity going on in June.

The sinks over time chart seems to bear that out, with commodities and bounties in decline.

June 2021 – Top Sinks and Faucets Over Time

Looking just at commodities we can see where the drop occurred.

June 2021 – Top Commodity Items Over Time

Sleep components, which represent the wormhole space ISK faucet, look to be down a little, but Triglavian data, which are the rewards from Abyssal Deadspace runs, look to have fallen off a cliff from a peak in May, likely representing the bulk of the decline.

For NPC bounties the top ten regions were:

  1. Vale of the Silent – 2.13 trillion (Fraternity)
  2. The Kalevala Expanse – 1.09 trillion (PanFam)
  3. Insmother – 1.05 trillion (FI.RE)
  4. Tenal – 1.01 trillion (Fraternity)
  5. Esoteria – 989 billion (Army of Mango)
  6. Tribute – 982 billion (Fraternity)
  7. Branch – 961 billion (Fraternity)
  8. Querious – 925 billion (Legacy & 3rd parties)
  9. Delve – 849 billion (Legacy)
  10. Malpais – 827 billion (PanFam)

I decided to drop the “PandaFam” title that I picked up from Jin’taan a year back as it is becoming clear that Fraternity is vying to be a major power in its own right, which we can see in their ratting operations.  PanFam is still making some money back home while the war smoulders on the other side of null sec, but Fraternity is trying to bank a serious war chest… and they haven’t been spending it on World War Bee.

Total bounties were 26.33 trillion across New Eden, down 3 trillion ISK from May.

Trade

The measure of how much is being bought and sold, which is driven by everything above.  Total trade was valued at 489 trillion ISK in value, was down from the 598 trillion ISK in trade done in May.  That is nearly a 20% dip.

The top ten regions for trade were:

  1. The Forge – 354 trillion (Jita)
  2. Domain – 42 trillion (Amarr)
  3. Sinq Laison – 14.48 trillion (Dodixie)
  4. Lonetrek – 11.69 trillion (Caldari high sec)
  5. Delve – 11.62 trillion (Imperium/PAPI)
  6. Metropolis – 7.85 trillion (Hek)
  7. Heimatar – 6.49 trillion (Rens)
  8. The Citadel – 4.45 trillion (Caldari high sec)
  9. Essence – 3.83 trillion (Gallente High Sec)
  10. Vale of the Silent – 3.63 trillion (Fraternity)

While many of the larger trade hubs were down, with Jita representing 68 trillion ISK of the total decline in June, some of the smaller high sec regions like Lonetrek and The Citadel were actually up a bit.  Not a significant amount in the face of the June fall off clearly, but not ever region was down.

And so it goes with New Eden, where the other metric that seems to be tracking down along with the economy is the online player count as measured over at EVE Offline.

June 2021 – One Year Online Count

The question is of course whether it is the economic starvation plan that is driving down the player count, or is the player count down because the economy… mining, ratting, production, and destruction… is in a down turn.

I suppose we’ll see once CCP thinks we’ve suffered enough economic privation.

As usual, more charts and all the MER data is available for download from the dev blog.

The May Monthly Economic Report Charts the Decline of Industry in EVE Online

It is once again time for the EVE Online Monthly Economic Report, this time for May 2021.

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Production

The April MER showed a big spike in production in the lead up to the industry changes that affected battleship and capital ship production, after which production fell off just as much.  The downward trend in production carried on into May as expected.

May 2021 – Production vs Destruction vs Mined

While the chart only goes back as far as 2019, going back to older versions of the chart, that 2019 dip was pretty much the lowest point for a long stretch (and roughly corresponded to the Blackout), so the fact that we’ve now dipped below that seems significant.

Of course, what has really happened is that producers created a bunch of inventory while it was cheap to do so and have had no incentive to build any more battleships or capitals because the market price for hulls is still well below the new cost to produce.  And given how reluctant players are now to risk capitals, that doesn’t seem likely to change in the near future.

Overall the MER totaled up production for May as 115.44 trillion ISK in value, down from 168.4 trillion ISK in value in April.  The top producing regions were:

  1. The Forge – 20.87 trillion
  2. Delve – 12.88 trillion
  3. Lonetrek – 8.45 trillion
  4. The Citadel – 7.67 trillion
  5. Sinq Laison – 5.15 trillion
  6. Vale of the Silent – 5.13 trillion
  7. Fade – 4.4 trillion
  8. Domain – 4.02 trillion
  9. Malpais – 3.78 trillion
  10. The Kalevala Expanse – 3.69 trillion

As usual, The Forge and nearby regions, which serve the Jita market, remain very active, though all of the regions in the top ten were down in May.

Mining

I speculated that part of the ongoing rise in mineral prices last month was related to the rush to produce as many hulls as possible before the industry changes hit.  And there it is on the May chart, the first significant decline in mineral prices, coinciding with the industry changes.

May 2021 – Economic Indices

Hey, supply and demand works in New Eden!  The other indices are still garbage, anchored on things they shouldn’t be, but minerals are finally coming down.

As you can see from the long term chart, mineral prices are still at record highs, thanks in large part to the ongoing mineral starvation plan that CCP has running.

May 2021 – Economic Indices – Long Term

Mineral prices going down might at least mean that hulls not impacted by the industry changes, T1 frigate through battlecruisers and their T2 upgrades, might ease off in price over time.

As for where mining happened, here are the top ten regions for May:

  1. Vale of the Silent – 2.43 trillion
  2. The Forge – 1.63 trillion
  3. Metropolis – 1.49 trillion
  4. Domain – 1.43 trillion
  5. Sinq Laison – 1.15 trillion
  6. Lonetrek – 1.03 trillion
  7. Everyshore – 907 billion
  8. Genesis – 789 billion
  9. Heimatar – 726 billion
  10. Kador – 723 billion

A total 31.35 trillion in ISK value was mined in May, up from 27 trillion in April.  Mining remains primarily a high sec vocation, with the exception of Vale of the Silent, the null sec region run by Fraternity.

Trade

Trade was also down in May, there no doubt being a relationship with reduced mineral demand.  The total ISK value of trade in May was 598 trillion, down from 626 trillion in April, with the top regions as:

The Forge – 422.69 trillion (Jita)
Domain – 53.83 trillion (Amarr)
Sinq Laison – 18.45 trillion (Dodixie)
Delve – 15.73 trillion (Imperium/PAPI)
Lonetrek – 15.03 trillion (Caldari high sec)
Metropolis – 10.53 trillion (Hek)
Heimatar – 9.12 trillion (Rens)
The Citadel – 5.48 trillion (Caldari high sec)
Vale of the Silent – 4.33 trillion (Fraternity null sec)
Essence – 4.28 trillion (Gallente High Sec)

Those are pretty much the same ten regions we see every month at this point, though sometimes the order changes at the bottom now and again.

ISK Faucets

Commodities remain the dominate ISK faucet still, topping the chart again for May.

May 2021 – Faucet end of the chart big chart

Broken out as the over time chart:

May 2021 – Top Sinks and Faucets Over Time

And then commodities broken out:

May 2021 – Top Commodity Items Over Time

As usual, the Sleeper items from WH space top the chart, though there was a burst of Sansha incursion activity in there.

Meanwhile, the old faucet king, NPC bounties, topped out in these ten regions:

  1. Vale of the Silent – 2.16 trillion (PandaFam)
  2. The Kalevala Expanse – 1.19 trillion (PandaFam)
  3. Lonetrek – 1.06 trillion (Caldari High Sec)
  4. Querious – 1.02 trillion (Legacy)
  5. Insmother – 1.02 trillion (FI.RE)
  6. Tenal – 1.02 trillion (PandaFam)
  7. Tribute – 977 billion (PandaFam)
  8. Oasa – 955 billion (PandaFam)
  9. Metropolis – 928 billion (Gallente High Sec)
  10. Malpais – 924 billion (PandaFam)

PandaFam is clearly using the war in Delve to fill up their coffers in the northeast of null sec, far from the fighting.  Interesting as well is that there are now two high sec regions on the list, an indication of how much bounties have been tapered off in null sec.

Destruction

Finally, there is still a war on, and Delve remains the focus even in the lull, so it tops the region list again.

  1. Delve – 3.39 trillion
  2. Lonetrek – 1.78 trillion
  3. The Forge 1.77 trillion
  4. The Citadel – 1.56 trillion
  5. Sinq Laison – 1.4 trillion
  6. Querious – 1.22 trillion
  7. Metropolis – 1.13 trillion
  8. Vale of the Silent – 1.05 trillion
  9. Pure Blind 894 billion
  10. Tribute – 741 billion

The damage in Delve was almost exactly what is rang up in April, though I suspect that we will see that number taper off when we get the June MER next month.  The siege of 1DQ has slowed down.

Total destruction was 32.73 trillion ISK in value, down some from April’s 35.12 trillion ISK number.

So it goes.

As usual, all the charts and source data are available for download from the May MER dev blog.

The April EVE Online Monthly Economic Report and the Initial Impact of the Industry Changes

CCP got us the April Monthly Economic Report on Friday evening their time, and it looked like a bit of a rush job.  The news page initially had some of the March MER graphs on it and a couple of the charts in the download data look to be from March as well.  Still, as always, we soldier on with what we’re given. [Edit: They updated some of the data in a new .zip file since I wrote that.]

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Production

The big industry changes hit at towards the end of April, with a bit of a heads up from CCP, and industrialists all over rushed to get in some final battleship or capital builds before it hit, as the production/destruction/mining chart clearly shows.

April 2021 – Production vs Destruction vs Mined

The red line on that chart is production, and you can see it spiking up there as the day approaches, then dropping off sharply as the month turns to May.  As usual for this chart, we get the data up to the date they run the report, which was May 16th this time.  It is also a 30 day moving average, so it will likely bleed off some more when we see the next MER.  Dunk Dinkle of Brave asked on r/eve if anybody was pursuing capital building after the patch and, while there were only a few responses, most seemed to be in the negative.

Still, that rush in mid April pushed the production numbers up, hitting 168.4 trillion ISK in value, up from 127 trillion in March and 104.6 trillion ISK in February.

The top regions for production in April were:

  1. The Forge – 30.51 trillion
  2. Delve – 16.2 trillion
  3. Vale of the Silent – 9.06 trillion
  4. Lonetrek – 8.92 trillion
  5. The Citadel – 8.38 trillion
  6. Sinq Laison – 6.5 trillion
  7. Domain – 6.02 trillion
  8. Fade – 5.31 trillion
  9. Malpais – 4.65 trillion
  10. Querious – 4.17 trillion

The Forge was up by about a trillion ISK, but Delve jumped by almost 7 trillion ISK as people got those last capitals into build.  Likewise, Vale of the Silent, Fraternity’s new home, was up by a good 4 trillion ISK.  The last two days before the patch saw 5 trillion ISK in production, tapering off as builds submitted before the patch delivered and were not replace, with production continuing to fall into May, with the last date in the data set just 2.1 trillion ISK in production overall.

Mining

The rush to get things produced helped mineral prices continue their unprecedented climb as they hit yet another all time high on CCP’s mineral price index chart.

April 2021 – Economic Indices

Even the other indices, weighed down by the inclusion of things like skill injectors, started to rise a bit with this recent surge.

With the boom in production over it will be interesting to see if that causes an easing in mineral prices as demand subsides.

As for where mining happened, the following were the top ten regions:

  1. Vale of the Silent – 2.82 trillion (PandaFam)
  2. Metropolis – 1.51 trillion
  3. The Forge – 1.4 trillion
  4. Domain – 1.17 trillion
  5. Sinq Laison – 1.09 trillion
  6. Lonetrek – 939 billion
  7. Everyshore – 835 billion
  8. The Citadel – 695 billion
  9. Heimatar – 680 billion
  10. Tash-Murkon – 666 billion

Once again mining was heavily weighted towards high security space save for the Vale of the Silent region, where Fraternity now operates, which came close to harvesting more ore than the next too regions combined.   A total of 27.15 trillion ISK in ore was mined by CCP’s measure, which put the month about 2.5 trillion ISK over the March output.

Trade

The top ten regions for trade value were:

  1. The Forge – 439 trillion (Jita)
  2. Domain – 59.16 trillion (Amarr)
  3. Sinq Laison – 19.31 trillion (Dodixie)
  4. Delve – 18.11 trillion (Imperium/PAPI)
  5. Lonetrek – 14.88 trillion (Caldari High Sec)
  6. Metropolis – 10.64 trillion (Hek)
  7. Heimatar – 10.3 trillion (Rens)
  8. The Citadel – 5.26 trillion (Caldari High Sec)
  9. Essence – 5.03 trillion (Gallente High Sec)
  10. Vale of the Silent – 3.82 trillion (PandaFam)

Jita remained dominant, though was down more than 30 trillion ISK when compared to March.

Overall trade was down from 670.58 trillion ISK value in March to 625.98 trillion ISK in value in April.

ISK Faucets

I used to call this section NPC Bounties because that was, by far, the biggest ISK faucet in the game.  And then CCP nerfed bounties and now commodities lead the pack, with those wormholers quietly making bank.  As expected, commodities rang in as the top ISK faucet in April.

April 2021 – Faucet end of the chart big chart

Looking at the line graph shows better how commodities compare with NPC bounties and the ESS payouts.

April 2021 – Top Sinks and Faucets Over Time

NPC bounties plus ESS is still in the neighborhood of commodities, though when you break out the commodities you can see who is reaping the benefit on that front.

April 2021 – Top Commodity Items Over Time

Sleeper components, which are wormhole NPC drops, make up the largest slice of the pie by far.  Given the relative populations of null sec and wormhole space, there are some crazy ISK earning wormholers out there.

Meanwhile, on the NPC bounties front, the total harvest was 27.2 trillion ISK, a pale shade of what it once was, with the top ten regions collecting:

  1. Vale of the Silent – 2.17 trillion
  2. The Kalevala Expanse – 1.09 trillion
  3. Tribute – 1.04 trillion
  4. Insmother – 1.01 trillion
  5. Tenal – 996 billion
  6. Pure Blind – 891 billion
  7. Malpais – 855 billion
  8. Branch – 837 billion
  9. Lonetrek – 833 billion
  10. Querious – 804 billion

Vale of the Silent and TKE are both PandaFam, along with Malpais, Branch, and some of Tenal.  So while World War Been carries on the southeast of New Eden, the northwest prospers.  Querious is Brave’s new home, so they are settling in and raising ADMs.  The odd region is Lonetrek, which is Caldari empire space.  Some serious mission running much have gone on to make the cut.

Destruction

Then there are things being blown up and, to nobody’s surprise, Delve continues to lead the list on that front.

  1. Delve – 3.39 trillion
  2. The Citadel – 1.91 trillion
  3. The Forge – 1.82 trillion
  4. Heimatar – 1.66 trillion
  5. Lonetrek – 1.64 trillion
  6. Sinq Laison – 1.38 trillion
  7. Querious – 1.18 trillion
  8. Vale of the Silent – 1.14 trillion
  9. Catch – 1.07 trillion
  10. Domain – 957 billion

Overall destruction was down, ringing in at 35.12 trillion ISK destroyed in April, down from 42.68 trillion ISK in March.  Things seemed to blow up in most regions on that list, indicating both a bit of a lull in the war and a lack of activity in high sec, especially around Jita where destruction is generally at its highest in New Eden.

Finally, the MER included a graph indicating the peak player count for systems across New Eden in April.

April 2021 – Peak Concurrent Players

You have to click on that and view it full size to people able to pick out regions and systems, but you’ll be able to spot Jita and Amarr and a few other spots that are often busy.  But I want to zero in on the southeast of null sec.

Delve and Querious

You can tell there is a war on by how many systems are spiking up in Delve.  Not all of those were fights, and they didn’t all happen at the same time or even on the same day.  If you look at the zKill you will see PAPI dragging more than a thousand ships in to kill some Keepstars.  But some of those peaks represent fights.  If we get this chart again for May I expect that we’ll be able to pick out the 1DQ1-A constellation from the region.

Anyway, as always, all the charts and data… now corrected… are available for download on the Dev Blog.

Related:

TNG – The April 2021 Monthly Economic Report: Faucets And The Dynamic Bounty System

The March EVE Online Economic Report and What Happens When CCP Announces Industry Changes

What do industrialists do when you tell them that you’re going to change up production and expect the market to be chaos for months thereafter?  They build whatever they can manage right NOW.  It is time to look at the New Eden economy again.

EVE Online nerds harder

CCP released the monthly economic report for March 2021 this week.  The last week of March saw the announcement about a significant update to industry that is set to shake up production.  The end goals may be a more rational economy and the uncoupling of capital production from basic minerals, but the short term means uncertainty at the reaction was a production boom in some key regions.

Mar 2021 – Production vs Destruction vs Mined

You can see the red line, the production line on that graph, surging upwards as the month headed towards its close and the announcement hit.  Destruction was down a bit and mining was up some, but production took off, climbing from about 3 trillion ISK in value on the 25th to almost 6 trillion ISK by the 29th.

While the announcement came at the end of the month, March still ended up with noticeably more produced, the total value in the regional data climbing from 104 trillion ISK in February to 127 trillion ISK in March.  The top ten regions for production were:

  1. The Forge – 29.5 trillion
  2. Delve – 9.4 trillion
  3. Lonetrek – 8.25 trillion
  4. The Citadel – 7.33 trillion
  5. Sinq Laison – 5.31 trillion
  6. Vale of the Silent – 5 trillion
  7. Domain – 4.92 trillion
  8. Fade – 4.89 trillion
  9. The Kalevala Expanse – 3.34 trillion
  10. Placid – 2.79 trillion

While Delve was actually down a bit, The Forge, Lonetrek, and The Citadel, which all server the Jita trade hub, were all well up over last month’s numbers.  I expect that the uncertainty over what is to come will continue to drive production up as the early April numbers… there is some bleed over in the data we get… will continue to remain higher than before the announcement.

Destruction

Things continued to blow up in New Eden, and while we’re still down from the record numbers of December and January, the result of the struggles over the Keepstar in M2-XFE, destruction was up a bit from February, rising to 42.68 trillion ISK from 38.43 trillion ISK.  The top regions for destruction in March were:

  1. Delve – 5.51 trillion
  2. The Forge – 2.2 trillion
  3. The Citadel – 2.17 trillion
  4. Vale of the Silent – 1.72 trillion
  5. Lonetrek – 1.57 trillion
  6. Querious – 1.42 trillion
  7. Heimatar – 1.41 trillion
  8. Sinq Laison – 1.35 trillion
  9. Metropolis – 1.2 trillion
  10. Catch – 1.08 trillion

Delve, the locus of the war, remains at the top to the list, more than doubling the usual peacetime champion, The Forge.  The Vale of the Silent was up from February as Fraternity consolidated its conquest of the region and the eviction of the small holders who had previously occupied the region.

Querious and Catch were also on the list due to the war, the former being Brave’s new home and the latter being their old.

NPC Bounties and ISK Faucets

NPC commodities remained the top ISK faucet into New Eden again in March.

Mar 2021 – Faucet end of the chart

As usual, the wormhole commodities led the pack.

Mar 2021 – Top Commodity Items Over Time

That said, NPC bounties did see something of a rebound in March, ringing in at 30.61 trillion ISK, up 5 trillion ISK over February.

Mar 2021 – Top Sinks and Faucets Over Time

The top earning regions for NPC bounties remain in the northeast of null sec, well away from the war.

  1. Vale of the Silent – 3.33 trillion (PandaFam)
  2. The Kalevala Expanse – 1.26 trillion (PandaFam)
  3. Tribute – 1.21 trillion (mixed small groups)
  4. Pure Blind – 1.20 trillion (mixed small groups)
  5. Insmother – 1.16 trillion (FI.RE Coalition)
  6. Fountain – 1.00 trillion (Imperium)
  7. Tenal – 983 billion (PandaFam)
  8. Metropolis – 922 billion (Minmatar High Sec)
  9. Perrigen Falls – 891 billion (PandaFam)
  10. Oasa – 865 billion (PandaFam)

Vale of the Silent again figures high as part of Fraternity’s seizure of the region and subsequent effort to raise ADM levels and make some ISK.  One high sec region remains in the top ten again this month, either a monument to how much mission running goes on there or a reminder as to how far the null sec bounty levels have fallen since the nerfs.

Mining

Mineral prices resumed their climb in March after having seemed to hit a plateau in February. This trend will likely continue as the industry changes and the rush to produce ships and modules before then drains more of the mineral reserves.  Expect another all time high in April I suppose.

Mar 2021 – Economic Indices

The ore mined totaled up to 24.43 trillion ISK in value, up more than 5 trillion ISK over February.  The top ten regions for mining were:

  1. Vale of the Silent – 2.06 trillion (PandaFam)
  2. Metropolis – 1.37 trillion
  3. The Forge – 1.34 trillion
  4. Domain – 1.10 trillion
  5. Sinq Laison – 1.09 trillion
  6. Lonetrek – 908 billion
  7. Everyshore – 805 billion
  8. Heimatar – 718 billion
  9. The Citadel 699 billion
  10. Tash-Murkon – 675 billion

There is Vale of the Silent at the top of another chart, again a byproduct of the conquest of the region.  The past few months the list has been dedicated to high sec regions where semi-AFK Orcas prowl the asteroid belts chewing up rocks.  Fraternity put in some effort to top the list given the limited about of ore now available in null sec space.

Meanwhile, for those interested in the consumer price index line on that chart, Angry Mustache has gone through and calculated what it looks like when you remove the PLEX and related items that are holding the index down at a time when the mineral prices are continuing to rise. (The MER thread on Reddit this month actually has a bunch of back story info in it and is worth a read.)

Trade

As with production, trade saw a spike in activity, one that is no doubt also related to the planned industry changes.  Prices rose as people grabbed up supplies from the market, speculating on what might soon be in short supply, and there was a drive to buy minerals for production.  That sent the value of trade in New Eden to 670.58 trillion ISK in March, up from the 583 trillion ISK in transactions recorded in February.  The top regions for trade were:

  1. The Forge – 472 trillion (Jita)
  2. Domain – 60.64 trillion (Amarr)
  3. Sinq Laison – 21.29 trillion (Dodixie)
  4. Delve – 20.25 trillion (Imperium/PAPI)
  5. Lonetrek – 14.89 trillion (Caldari High Sec)
  6. Metropolis – 12.53 trillion
  7. Heimatar – 10.94 trillion
  8. Essence – 5.27 trillion (Gallente High Sec)
  9. The Citadel – 4.92 trillion (Caldari High Sec)
  10. Vale of the Silent – 4.22 trillion (PandaFam)

The Forge, home to Jita, dominated as expected, with 65 trillion ISK more in transactions.  But all the top regions were up.  And it should be no surprise I suppose that Vale of the Silent nosed its way into this top ten list as well.  With all that other economic activity there was no doubt some trade needed to support it.

So it goes.  I expect that we will find April to be even more volatile than March, and there is no telling what will happen when the industry changes actually hit.  The charts should be fun that month.  But we’ll have to wait and see.

As always, all the data and more charts are available for download from the dev blog.

Related:

The February EVE Online Economic Report Brings New and Updated Graphs

I was starting to watch the calendar, wondering when we would see the February Monthly Economic report.  It can run later in the month, but when there is less than a week left you begin to think CCP might have forgotten.

EVE Online nerds harder

But they did not forget.  In fact, we got some new data with the February MER, so lets go take a look.

Bounties, Commodities, and ISK

As we have seen over the last few months, since the big NPC bounty nerf in null sec, NPC commodities have take over as the largest ISK faucet into New Eden.  February was no exception.

Feb 2021 – Faucet end of the chart

However, there was not a lot of insight as to what that commodity market meant.  There is 32.1 trillion ISK that had been, in the past, somewhat hand waved.  Like much of wormhole life, it was a bit of a mystery to many of us.  But now we get a chart dedicated to just commodities.

Feb 2021 – Top Commodity Items Over Time

That chart isn’t very easy to read unless you click on it to view it full size, but the blue line is Sleeper Components, the red line is Overseer Personal Effects, the teal line is Triglavian Data, and the brown line is ESS Bonds.

The first two of those are wormhole item, though you can see the big boost in Overseer Personal Effects because they were part of the holiday even in other areas of space.  Triglavian Data are drops from running Abyssal pockets, which has seen its peaks.  And ESS Bonds are what you get from robbing an ESS bank, which you can see was very popular for a bit when the mandatory ESS nerf hit, then fell off dramatically soon thereafter when people either defended their ESS banks or just stopped ratting.  But that was the CCP plan I am sure.

There is, of course, no regional data for these numbers, and not just because most of it is from wormhole space.  The NPC commodities are drop that you have to go turn in at an NPC station to collect the ISK, and they don’t count as an ISK faucet until they are turned in.

We also got an update to the top sinks and faucets chart, which now tracks the top ten sinks and faucets.

Feb 2021 – Top Sinks and Faucets Over Time

Commodities were added and skills were broken up into “skill market” and “skill purchase,” a division I do not quite understand.  Maybe the latter is skills purchased from your character sheet rather than via the market interface.  I am not sure.  It is also in a new format that is less easy to read unless you click on it to view it full size.

NPC bounties, diminished though they be, still tally up by regions.  There were 25 trillion ISK in NPC bounties paid out in February, down from 28 million trillion ISK in January.  The sinks and faucets data even lines up more closely than usual with the regional data this month.

The top regions for NPC bounty payouts were:

  1. Vale of the Silent – 1.75 trillion (PandaFam)
  2. The Kalevala Expanse – 986 billion (PandaFam)
  3. Insmother – 981 billion (FI.RE Coalition)
  4. Perrigen Falls – 898 billion (PandaFam)
  5. Oasa – 889 billion (PandaFam)
  6. Tenal – 861 billion (PandaFam)
  7. Metropolis – 857 billion (Minmatar High Sec)
  8. Deklein – 835 billion (PandaFam)
  9. Fountain – 827 billion (Imperium)
  10. Branch – 778 billion (PandaFam)

Once again, the northeast of New Eden null sec, where PandaFam (Pandemic Legion, NCDot, Pandemic Horde, and Fraternity) is where a lot of the bounties are being paid out, it being far from the war in the south of null sec.  Vale of the Silent jumping to the top may relate to the battles between some of the local, smaller groups and Fraternity, which saw the latter seize most of the ihubs in the region and then drive up their ADMs to make them defensible.

Surprising me a bit again was Metropolis showing up in the top ten.  The next highest high sec area is Lonetrek, which would sit in 15th place with 627 billion ISK in bounties.  Must be a lot of mission running going on around there.

Destruction

As mentioned, there is a war on, and the MERs for December and January showed record levels of destruction in Delve thanks to the battles around the M2-XFE Keepstar, with and 74.83 trillion and 55.34 trillion in destruction game-wide respectively.

Things settled down in February, as the hellcamp of the logged off PAPI super capital fleet carried on.  Total destruction game-wide was down to 38.43 trillion ISK, with Delve again topping the top ten list.

  1. Delve – 4.37 trillion
  2. The Forge – 2.31 trillion
  3. Lonetrek – 2.30 trillion
  4. The Citadel – 1.90 trillion
  5. Sinq Laison – 1.77 trillion
  6. Metropolis – 1.40 trillion
  7. Catch – 1.37 trillion
  8. Vale of the Silent – 1.32 trillion
  9. Domain – 1.02 trillion
  10. Querious – 996 billion

However, Delve was less than a quarter of what is was in January, and not even a fifth of what it was in December as the attackers lost their momentum after the big fights.  High sec regions dominate the list, though Catch, where Brave space was under attack, Vale of the Silent, which Fraternity grabbed, and Querious, with Siberian Squads moving in, all made the top ten.

Production

On the flip side of destruction is production, and February saw 104.6 trillion ISK equivalent produced in New Eden, down about 5 trillion ISK from January.  The top ten regions were:

  1. The Forge – 22 trillion (High Sec)
  2. Delve – 10 trillion (Imperium/PAPI)
  3. Lonetrek – 6.23 trillion (High Sec)
  4. Sinq Laison – 6.09 trillion (High Sec)
  5. The Citadel – 5.20 trillion (High Sec)
  6. Domain – 4 trillion (High Sec)
  7. Heimatar – 3.52 trillion (High Sec)
  8. Fade – 3 trillion (We Form Volta)
  9. Oasa – 2.74 trillion (PandaFam)
  10. The Kalevala Expanse – 2.73 trillion (PandaFam)

Delve carried on in second place, but was down a bit, having produced 11.7 trillion ISK in January.  Vale of the Silent, purged by Fraternity, dropped from the top ten (it was 11th), while Fade, primarily home to We Form Volta, showed up in 8th position.

Trade

The regional stats sum up to 583 trillion ISK in value for February, down from 675 trillion ISK in January, which might reflect a reduction in the need to replace ships after the huge losses around M2-XFE.  The top regions for trade were:

The Forge – 407 trillion (Jita)
Domain – 53.5 trillion (Amarr)
Sinq Laison – 20 trillion (Dodixie)
Delve – 16.03 trillion (Imperium/PAPI)
Lonetrek – 14.06 trillion (Caldari High Sec)
Metropolis – 11.11 trillion (Hek)
Heimatar – 9.81 trillion (Rens)
Essence – 5.17 trillion (Gallente High Sec)
The Citadel – 4.81 trillion (Caldari High Sec)
Tash-Murkon – 4.10 trillion (Amarr High Sec)

The Forge, home of Jita, tops the list as usual, though it was down 60 trillion ISK compared to its January total.  But all regions in the top ten were down noticeably and, while the list of regions remains the same, Delve fell below Sinq Laison, its trade numbers having dropped almost in half compared to January.  Again, the slow down in the war and the reduction in the need to replace losses no doubt factors into that.

Mining

The price of minerals continued to rise to yet another all time high in February, though the slope of the rise has tapered of relative to the spike of the last few months.

Feb 2021 – Economic Indices

I remain a bit dubious of that chart still, if only because when I am in Jita I don’t see anything like that sort of slope for any of the minerals I check.  But I am not sure how that number is calculated.

Meanwhile, in the regional stats, the actual value of ore mined fell again, dropping from 20.4 trillion ISK in value to 18.94 trillion ISK.  That may be related to Fraternity being busy with Vale of the Silent, as their core region, Oasa, fell out of the top ten.

  1. The Forge – 1.15 trillion
  2. Metropolis – 1.14 trillion
  3. Sinq Laison – 943 billion
  4. Domain – 926 billion
  5. Lonetrek – 754 billion
  6. Heimatar – 642 billion
  7. Everyshore – 619 billion
  8. Tash-Murkon – 601 billion
  9. The Citadel – 592 billion
  10. Derelik – 473 billion

I do not even have to mark the regional affiliation as they are all primarily high sec regions.  The age of the AFK Orca has conquered the list.

So it goes for another month in space economics.  As always, you can find more charts and download the raw data over at the dev blog.

In the mean time, CCP has just promised a “significant update to industry” set to launch in April.  That means we won’t see any changes to the MER until it comes out in May.  We shall see how significant they really are.

The January EVE Online Economic Report Shows Destruction and Mineral Prices Soaring

CCP got us the New Eden Monthly Economic Report for January 2021 and, unlike the flawed December report, the numbers all look to be in on the second M2-XFE battle.

Also, I have a new banner picture for the MER that I think strikes the right tone. (Source)

Humans go in, crabs get richer

(For those unaware, “crabbing” is the in game slang term for doing things like mining and ratting in order to earn ISK or obtain resources.  It derives from the Russian slang for the practice and has become a common term in null sec.)

Destruction

Let’s go straight to destruction, where the regional stats indicate that there was 55.34 trillion ISK in ships and structures and what not destroyed in January, much of it in Delve.

Jan 2021 – Destruction by Region – Bar Graph

That bar graph shows Delve and then everybody else.  The top ten regions for destruction were:

  1. Delve – 21.9 trillion
  2. The Forge – 2.21 trillion
  3. Catch – 1.82 trillion
  4. The Citadel – 1.77 trillion
  5. Lonetrek – 1.69 trillion
  6. Sinq Laison – 1.69 trillion
  7. Metropolis – 1.14 trillion
  8. Vale of the Silent – 977 billion
  9. Domain – 967 billion
  10. Genesis – 830 billion

In an ordinary month The Forge is up at the top, ringing in pretty consistently with around 2 trillion ISK in destruction.  During the war you could tell which region was the most active battle front, as  it would pop to the top, as Fountain, Querious, and Delve have.  But the two battles at M2-XFE put Delve 10x The Forge for two months running.

Also, when it comes to the war, you can see that Catch, where Brave has been having such issues with The Initiative, is up in third place for January.

The Production vs. Destruction chart data, which keeps a running daily total of game-wide destruction, puts second battle of M2-XFE, the hull timer on January 3rd, at 15.35 trillion ISK in destruction, down a bit from the December 31st armor timer battle, which rang in 23.26 in destruction.

Jan 2021 – Production vs Destruction vs Mining

You can see the huge spike in daily data, and the temporary boost in the 30 day running average… the solid blue line… due to the two battles.

Of course, once I dug out that chart and the corresponding data I had to compare the totals to the region data and… they don’t match up, because of course they don’t.  The regional status total up to 55.34 trillion ISK, while the production vs. destruction data for January only add up to 51.71 trillion ISK.  That is a 3.6 trillion ISK gap, enough slop between the to data sets to hide a few regions worth or losses.  Go CCP.

Mining

Anyway, back to crabitalism.  According to CCP mineral prices continued to climb dramatically again in January thanks to their starvation economy plan.

Jan 2021 – Economic Indices

The mineral price index continues to climb at such a rate that it is skewing the chart and making the other indices look flatter than they would have in a more rational vertical scale.  And, in case you are wondering how the January peak compares to the historical highs.

Jan 2021 – Economic Indices – All Time

Yeah, we’re way out above any past peak.

As for minerals coming into the economy from mining, the regional stats put that at 20.4 trillion ISK in value, up from 19.9 trillion in December, though with the increase in mineral prices, that seems to indicate a further fall off in mining.  Though, honestly, it is opaque to me as to how the generate the basket of minerals to get the mineral price index.  The actual market price history in Jita doesn’t seem to reflect that much of a price spike.  But maybe the impact is being felt places that are not at the center of the economy.

The top 10 regions for mining were:

  1. Oasa – 1.5 trillion (PandaFam)
  2. The Forge – 1.2 trillion (High Sec)
  3. Metropolis – 1.01 trillion (High Sec)
  4. Sinq Laison – 937 billion (High Sec)
  5. Domain – 932 billion (High Sec)
  6. Lonetrek – 846 billion (High Sec)
  7. The Citadel – 647 billion (High Sec)
  8. Tash-Murkon – 626 billion (High Sec)
  9. Everyshore – 610 billion (High Sec)
  10. Heimatar – 585 billion (High Sec)

Aside from Fraternity in Oasa, mining remains a high sec game as AFK Orcas use mining drones to passively harvest veldspar to fill the tritanium requirements of New Eden producers.

Production

All those minerals are feeding somebody out there.  The top ten regions for production in January were:

  1. The Forge – 22 trillion (High Sec)
  2. Delve – 11.7 trillion (Imperium/PAPI)
  3. Lonetrek – 6.8 trillion (High Sec)
  4. Sinq Laison – 5.9 trillion (High Sec)
  5. The Citadel – 5.5 trillion (High Sec)
  6. Domain – 4.4 trillion (High Sec)
  7. Vale of the Silent – 3.7 trillion (mixed small groups)
  8. Heimatar – 3.5 trillion (High Sec)
  9. Tribute – 3.4 trillion (mixed small groups)
  10. Oasa – 2.8 trillion (PandaFam)

The total for production in January was 109.6 trillion ISK, which is about 2 trillion more than December.  Though, once again, if mineral prices are up as high as the indices show, it seems like that number should be going up more significantly as well.  The production/destruction data, however, only shows 80.6 trillion ISK products in New Eden in January, so once again CCP remains an unreliable witness.  But we have to work with the numbers we have.

Production remains heavily focused around The Forge and Jita.  Delve falls into second place, where the Imperium is still building, but PAPI has also been doing their own industry as well.  It would be interesting to know what the two sides look like on that.

And then there is production around Oasa, Vale of the Silent, and Tribute, which also happens to correspond with a low intensity war between Fraternity and the Freemen of the North.

Trade

Trade was up noticeably in January, with the total New Eden trade in the region data going up from 609 trillion ISK in December to 675 trillion ISK in January.  No doubt some of that was related to replacing losses after the fights at M2-XFE.  The top ten regions for trade were:

  1. The Forge – 467 trillion (Jita)
  2. Domain – 56.2 trillion (Amarr)
  3. Delve – 29.9 trillion (Imperium/PAPI)
  4. Sinq Laison – 20.8 trillion (Dodixie)
  5. Lonetrek – 17 trillion (Caldari High Sec)
  6. Metropolis – 12.3 trillion (Hek)
  7. Heimatar – 11 trillion (Rens)
  8. Essence – 5.8 trillion (Gallente High Sec)
  9. The Citadel – 5.3 trillion (Caldari High Sec)
  10. Tash-Murkon – 4.5 trillion (Amarr High Sec)

Delve and The Forge were both up noticeably, once again hinting at the impact of the war.  Amarr remains a solid second place, so it seems as though the removal of the Niarja route between it and Jita has not hurt it as a trading hub.

NPC Bounties

Finally, the big ISK faucet… or the secondary ISK faucet these days.

Jan 2021 – Top Sinks and Faucets Over Time

Once again, NPC bounties are down the list.

Jan 2021 – Faucet end of the chart

Commodities… drops from NPCs that you can turn in for ISK… brought 40 trillion ISK in to the game while NPC bounties brought in just 20 trillion ISK.   Well, 28 trillion ISK if we include the ESS Main Bank payouts.  CCP may need to add commodities to the top sinks and faucets chart and include ESS payouts in a chart somewhere.  I’m not sure if there is anybody around to do any sort of complicated changes any more… these charts look like somebody runs the scripts to produce them then publishes whatever they get without any error checking… once again, see last month.

Still, the regional stats seem to include the ESS Bank Payouts in their totals, as they also add up to 28 trillion ISK.  I am almost suspicious that two different CCP charts correlate.  So the top ten regions for NPC bounties were:

  1. Oasa – 1.61 trillion (PandaFam)
  2. Vale of the Silent – 1.29 trillion
  3. The Kalevala Expanse – 1.26 trillion (PandaFam)
  4. Cobalt Edge – 1.25 trillion (PandaFam)
  5. Perrigen Falls – 1.13 trillion (PandaFam)
  6. Insmother – 1.12 trillion (FI.RE Coalition)
  7. Tenal – 1.1 trillion (PandaFam)
  8. Delve – 959 billion (Imperium)
  9. Branch – 924 billion (PandaFam)
  10. Feythabolis – 890 billion (FI.RE Coalition)

Once again, PandaFam… Pandemic Legion, Pandemic Horde, NCDot, Fraternity, and some smaller groups… seem to be the biggest beneficiaries.  And, in the war, that is the group that has not had to issue any sort of bonds to raise ISK nor has had any Legacy Coalition style leaks about dire finances.  There was a report of alliance tournament ship sales, ever the Pandemic Legion ISK reserve, but nothing dramatic.  They seem likely to come out of the war in the strongest position as the Imperium and Legacy Coalition will both need to do significant rebuilding once the war comes to some sort of resolution, while PandaFam’s territory has remained largely intact.

Anyway, such is what we get to see about the New Eden economy.  While I may kvetch about some issues, it is still more data than we get from any other MMO that I know of.

CCP Offers Up Broken Monthly Economic Report for December

We got the EVE Online Monthly Economic Report for December last week and I waited a while to write about it because what they put out was simply and obviously wrong in places.  At least more so than usual, so I thought they might go back and fix the most egregious bit.  I am ever the optimist.

EVE Online nerds harder

But, since no update appears to be forthcoming, lets look at what they gave us and hope for better next time.

Destruction

The flaw in the December MER is the destruction numbers.  If you pull out the regional data for destruction, the top ten regions are:

  1. Delve – 3.23 trillion
  2. The Forge – 2.1 trillion
  3. The Citadel – 1.77 trillion
  4. Lonetrek – 1.68 trillion
  5. Catch – 1.47 trillion
  6. Metropolis – 1.38 trillion
  7. Sinq Laison – 1.26 trillion
  8. Domain – 1.04 trillion
  9. Genesis – 832 billion
  10. Black Rise – 753 billion

The total destruction according to the regional data was 35 trillion ISK.  That put Delve down by more than a trillion from November, with overall destruction down by trillion.

The problem is that the number for Delve… and thus the total number for all regions… was very far from the actual mark.

With the war on and the huge battle at M2-XFE that started on December 30th and ran until downtime at 11:00 UTC on December 31st, many of us were expecting to see a huge jump in the destruction numbers for the Delve regional data.  The battle report showed more than 20 trillion ISK destroyed in that first fight.

Battle Report Header

That seems like a big miss.

I sometimes get a bit pissy about CCP and the MER because the numbers from one chart and data set do not line up with numbers from another chart and data set.  It seems like a summer intern project to write a little unit test to validate the data being pulled.  And this month is no different, but at least this time around another data set shows that the regional data is bad, at least for Delve.  So I will bring up the Produced, Destroyed, Mined chart.

Dec 2020 – Produced vs Destroyed vs Mined

This tracks the daily data game wide, with the thick line being the 30 day moving average and the light lines being the actual daily totals.  You can see there, at the end of December, the daily number jumps up off the chart, which has a top range of 6 trillion ISK.  Likewise, the 30 day average for destruction is pulled up, exceeding production.

CCP provides the raw data for that chart in a .csv file, so anybody can see what the actual amounts are.  The total destruction in the data for December is 74.83 trillion ISK, and the value for just December 31st, which covers the primary portion of the battle before downtime, is 23.26 trillion ISK.  (The second battle is in the data already, as it leaks out into the current date when they pull the report, and that totals up to 15, 4 trillion ISK destroyed on January 3rd.)

Of course, the data for that chart isn’t wholly accurate as well as there are three days missing, December 3, 4, and 26.  Still, they reflect the reality of the situation more than the alternative.

So the regional stats are off by a good 40 trillion ISK total, and at least the amount of that battle report for just Delve.  So a more likely ranking is:

  1. Delve – 26 trillion (estimated)
  2. The Forge – 2.1 trillion
  3. The Citadel – 1.77 trillion
  4. Lonetrek – 1.68 trillion
  5. Catch – 1.47 trillion
  6. Metropolis – 1.38 trillion
  7. Sinq Laison – 1.26 trillion
  8. Domain – 1.04 trillion
  9. Genesis – 832 billion
  10. Black Rise – 753 billion

Anyway, here is to hoping they’ll set things right next month.

NPC Bounties

Moving on to NPC bounties, which were the big story last month, we see they are still way down.

Dec – and Faucets Over Time

The numbers began to crash when the ESS and the Dynamic Bounty System were introduced to the game in November.

Total bounties collect in November were 39.3 trillion, which was down from 55.9 trillion in October, the last full month without the new systems.  December, the first full month with the ESS and DBS changes saw that number tumble to 22.8 trillion ISK.

Even with the ESS payments, which amounted to 6.5 trillion ISK, that leaves the total at a little more than half of the value paid out in October.  This is a big hit to income.  The top regions for December were:

  1. Oasa – 1.62 trillion (PandaFam)
  2. Vale of the Silent – 1.19 trillion (mixed small groups)
  3. The Kalevala Expanse – 1.02 trillion (PandaFam)
  4. Perrigen Falls – 996 billion (PandaFam)
  5. Insmother – 918 billion (Legacy)
  6. Cobalt Edge – 753 billion (PandaFam)
  7. Tenal – 739 billion (PandaFam)
  8. Metropolis – 737 billion (High Sec)
  9. Branch – 711 billion (PandaFam)
  10. Fountain – 699 billion (Imperium)

Of note is that a high sec region has entered the top ten, meaning that NPC bounties collected by mission runners are now likely a significant portion of the remaining bounty total.  There are no Forsaken Hubs in Metropolis.

Outside of NPC bounties, the sinks and faucets for December looked like this:

Dec 2020 – Sinks and Faucets

Commodities, which are drops from NPCs in wormhole space, Abyssal Deadspace, and the December holiday event (and maybe the bonds from robbing an ESS in null sec) and sold back to NPCs, continue be the largest ISK faucet into the game, ringing in at 40.59 trillion ISK.

After that there is NPC bounties, which are now in close competition with incursion payouts.  And then there is insurance, which if you look at the first sinks and faucets chart, saw a spike at the end of December, no doubt related to the battle at M2-XFE.

Production

Turning to production, the regional data shows the following regions as the top of the list:

  1. The Forge – 21 trillion (High Sec)
  2. Delve – 7 trillion (Imperium)
  3. Lonetrek – 6.94 trillion (High Sec)
  4. Sinq Laison – 6.25 trillion (High Sec)
  5. The Citadel – 5.73 trillion (High Sec)
  6. Domain – 4.51 trillion (High Sec)
  7. Tribute – 4.22 trillion (mixed small groups)
  8. Esoteria – 3.73 trillion (Legacy)
  9. Vale of the Silent – 3.64 trillion (mixed small groups)
  10. Heimatar – 3.07 trillion (High Sec)

The Forge, and the high sec regions around it, which support the Jita market, remain strong.  Delve, home of the Imperium, led the production outside of high sec.  The war has kept production going.  Legacy production remained ongoing in Esoteria despite claims that they were set to abandon the region.  Oddly, two regions of small holders, Tribute and Vale of the Silent, made the top ten, but PandaFam in Oasa fell to 11th and off the list.

The total for production in the regional data was 107.84 trillion ISK, though since I’m double checking things this month, the production/destruction data only shows it at 74.83 trillion ISK.  However, that is missing three days.  I am not sure those three days would make up the gap, so it shows once again that the data can be questioned.

Trade

Then there is trade value, where the top regions were:

  1. The Forge – 429 trillion (Jita)
  2. Domain – 51 trillion (Amarr)
  3. Sinq Laison – 20.6 trillion (Dodixie)
  4. Lonetrek – 16.25 trillion (Caldari High Sec)
  5. Delve – 16.21 trillion (War Zone)
  6. Metropolis – 10.9 trillion (Hek)
  7. Heimatar – 10.1 trillion (Rens)
  8. Essence – 5.55 trillion (Gallente High Sec))
  9. The Citadel – 5.34 trillion (Caldari High Sec)
  10. Tash-Murkon – 3.65 trillion (Amarr High Sec)

Everything was about in the same zone as November, save for Delve, which was down about 6 trillion ISK.  That is odd because with both sides now based in Delve there ought to be more buying rather than less.

Mining

Finally, there is mining.  After seeming to plateau in November, mineral prices continued their climb skyward as CCP’s keeps the starvation economy plan in place.

Dec 2020 – Economic Indices

The October peak was an all time high point for mineral prices and now the spike continues.

Mining remained largely a high sec occupation, though Oasa in PandaFam territory climbed to the top of the list in December.

  1. Oasa – 1.27 trillion
  2. The Forge – 1.17 trillion
  3. Metropolis – 1.04 trillion
  4. Domain – 990 billion
  5. Sinq Laison – 824 billion
  6. Lonetrek – 751 billion
  7. The Citadel – 617 billion
  8. Tash-Murkon – 575 billion
  9. Perrigen Falls – 568 billion
  10. Everyshore – 559 billion

Aside from Oasa, which is up slightly, numbers are down in every region on that list.  Since the value of ore mined depends on the price, that appears to mean that a lot less mining went on in December, even in Oasa.  The total mined from the region data was 19.9 trillion in value, down from 23.7 trillion in November.

Since we’re skeptical of the regional data this month, I double checked it against the Produced/Destroyed/Mined data which, despite missing the three days indicated above, shows 19.8 trillion ISK value mined, down from 24.9 in November.  That is within the usual margin of error between the different data collection methods.

So it goes.

As always, you can find all the standard charts and the raw data used to create them… such that it is… in the MER dev blog.

Related:

The November MER Shows Bounties Tanking and Mineral Prices Plateauing in EVE Online

CCP released the EVE Online Monthly Economic Report for November 2020 late last week, so it is time to see where the war and CCP’s nerfs are having an impact.

EVE Online nerds harder

NPC Bounties

I want to start with the biggest impact, which came with NPC bounties, long the largest ISK faucet in the game.  On November 10th CCP launched the Dynamic Bounty System and the mandatory Encounter Surveillance System changes, both aimed squarely at turning down the ISK faucet.

And how did that work out?  Direct hit maybe?  Look at the chart.

Nov 2020 – Top Sinks and Faucets Over Time

NPC bounties fell as far in November as they ever have on that chart, dipping down into the region of the Chaos Era experiments of summer 2019.  Even though the nerf only hit the last two thirds of the month, the numbers were telling when compared to October.

October 2020 vs. November 2020 faucets

You may need to click on that chart above to read the numbers, but you’ll see that NPC Bounties dropped off by 24 trillion ISK in November, allowing NPC Commodities… which is mostly wormhole income, with some Abyssal deadspace turn-ins… to jump to the top of the chart.  In fact, NPC Commodities and Incursion Payouts both jumped in November, almost as though people were looking for other channels to earn ISK.

As for where the bounties were being claimed, most of the usual suspects are in the top ten, but most took a hit.

  1. Oasa – 4.10 trillion (PandaFam) 66% of October
  2. Cobalt Edge – 2.17 trillion (PandaFam) 60% of October
  3. Perrigen Falls – 1.99 trillion (PandaFam) 69% of October
  4. Branch – 1.95 trillion (PandaFam) 46% of October
  5. Fountain – 1.88 trillion (Imperium) 115% of October
  6. Vale of the Silent – 1.80 trillion (mixed small groups) 71% of October
  7. The Kalevala Expanse – 1.77 trillion (PandaFam) 79% of October
  8. Detorid – 1.41 trillion (Legacy) 72% of October
  9. Insmother – 1.34 trillion (Legacy) 65% of October
  10. Tenal – 1.24 trillion (PandaFam) 70% of October

The one region that was up was Fountain, which wasn’t in the top ten in October.  I think that is where The Initiative was doing some ratting, though it might have been LowSechnaya Sholupen, which holds the constellations close to Aridia.

Overall the regional totals added up to 39.3 trillion ISK, down from 55.9 trillion ISK in October.  And, yes, those numbers do not match the ones on those bar graphs above because CCP calculates the numbers differently in different areas.  My total for regions comes from the raw data in the regionalstats.csv file that comes with the report.

Mining

Mining is still living with the nerfs from earlier that are keeping mineral prices at or near their all time high.

Nov 2020 – Economic Indices – Long Term

If you look at the short term indices chart, you can see a slight dip in November relative to the October peak.

Nov 2020 – Economic Indices

But that is mostly likely just the market prices stabilizing after the shock of the huge nerf to mining.  Minerals remain expensive and rare.

The top regions for mining remain mostly high sec.

  1. The Forge – 1.37 trillion (High Sec)
  2. Metropolis – 1.26 trillion (High Sec)
  3. Domain – 1.22 trillion (High Sec)
  4. Oasa – 1.20 trillion (PandaFam)
  5. Sinq Laison – 979 billion (High Sec)
  6. Lonetrek – 874 billion (High Sec)
  7. Tash-Murkon – 793 billion (High Sec)
  8. Derelik – 739 billion (High Sec)
  9. Essence – 669 billion (High Sec)
  10. The Citadel – 665 billion (High Sec)

A total of 23.7 trillion ISK in mineral value was mined in November, down from the 28.68 trillion ISK in value mined in October.  The new mining meta is to sit in high sec in a brick tanked Orca and AFK mine with drones.

Production

The top regions for production in November were:

  1. The Forge – 21.59 trillion (High Sec)
  2. Delve – 11.62 trillion (Imperium)
  3. Lonetrek – 7.13 trillion (High Sec)
  4. Sinq Laison – 5.88 trillion (High Sec)
  5. The Citadel – 5.79 trillion (High Sec)
  6. Domain – 4.89 trillion (High Sec)
  7. Esoteria – 4.08 trillion (Legacy)
  8. Tribute – 3.89 trillion (mixed small groups)
  9. Oasa – 3.51 trillion (PandaFam)
  10. Vale of the Silent – 2.94 trillion (mixed small groups)

Total production added up to 115 trillion ISK in value, largely concentrated in the high sec regions around Jita (The Forge, Lonetrek, and The Citadel), the main trade hub.  That is down from the 122.78 trillion ISK in production that happened in October.  Delve, focal point of the war, was down more than 6 trillion ISK, accounting for almost half the drop in monthly production in New Eden.

Trade Value

The top regions for trade value in November were:

  1. The Forge – 439.5 trillion (Jita)
  2. Domain – 55.46 trillion (Amarr)
  3. Delve – 22.79 trillion (Imperium)
  4. Sinq Laison – 20.93 trillion (Dodixie)
  5. Lonetrek – 14.63 trillion (Caldari High Sec)
  6. Metropolis – 10.13 trillion (Hek)
  7. Heimatar – 9.70 trillion (Rens)
  8. Essence – 5.07 trillion (Gallente High Sec)
  9. The Citadel – 4.43 trillion (Caldari High Sec)
  10. Insmother – 3.74 trillion (Legacy)

Jita remains the dominate numbers, accounting for 70% of the 629 trillion ISK in trading done in New Eden in November.  Amarr remains the strongest among the lesser hubs, holding onto its number two spot even after having the short route to Jita cut by the Triglavian invasion.  Delve was down about 2 trillion ISK in value, though the destruction numbers in the region were down considerably, so there were likely just less ships that needed to be replaced.

Destruction

Finally, the impact of the war, which was being fought for its second month in Delve.  The top ten regions for destruction were:

  1. Delve – 4.50 trillion (Imperium)
  2. The Forge – 2.04 trillion (High Sec)
  3. The Citadel – 1.93 trillion (High Sec)
  4. Lonetrek – 1.65 trillion (High Sec)
  5. Sinq Laison – 1.36 trillion (High Sec)
  6. Metropolis – 1.31 trillion (High Sec)
  7. Oasa – 1.11 trillion (PandaFam)
  8. Heimatar – 1.04 trillion (High Sec)
  9. Esoteria – 1.01 trillion (Legacy)
  10. Syndicate – 961 billion (NPC Null Sec)

Destruction overall was down from 45 trillion ISK in October to 40 trillion ISK in November.  The largest regional drop was in Delve, which saw 10.89 trillion ISK in destruction in October, largely due to the Keepstar fights in NPC Delve, to a mere 4.5 trillion ISK this month.  There is still clearly a war going on.  Esoteria, TEST’s home region, which has been under attack by the Imperium joined the list.  TEST’s response to that has been to declare they are abandoning the region to move into Imperium space.  That is an issue that has yet to be resolved.

And that is where things stood in November.

For December we will have to see if people adapt to the NPC bounty nerfs or if CCP’s minor tweaks to them have any impact on that ISK faucet.

The October MER Shows Destruction in Delve and Mineral Prices at an All Time High

CCP got the Monthly Economic Report for October out yesterday, which I was looking forward to because October saw a lot of action I figured might impact the numbers.

EVE Online nerds harder

I am going to start with the big numbers, leading with destruction.

September saw 33.6 trillion in destruction.  That number got bumped to 45 trillion ISK, with Delve coming out way in front of the pack.

  1. Delve – 10.89 trillion (Imperium)
  2. Lonetrek – 2.24 trillion (High Sec)
  3. The Citadel – 2.06 trillion (High Sec)
  4. The Forge – 2.05 trillion (High Sec)
  5. Sinq Laison – 1.51 trillion (High Sec)
  6. Querious – 1.34 trillion (Imperium)
  7. Pochven – 1.18 trillion (Triglavian)
  8. Oasa – 1.12 trillion (PandaFam)
  9. Metropolis – 1.12 trillion (High Sec)
  10. Domain – 920 billion (High Sec)

Last months number one, Querious saw 2.71 trillion in destruction as World War Bee played out in the region.  While there were some big clashes, they were nothing compared to the battles in NPC Delve in early October.

NPC Delve stands out on the map

My own posts about those battles:

That series of titanic clashes ended when the invaders bubble wrapped their fifth Keepstar drop, but by then many trillions of ISK had been blown up.  There was a bit of relief on both sides with that as those fights took a toll in both ISK and personal fortitude.

Besides the spike in Delve, much of the chart looks about on par for normal.  High sec around trade hubs tends to see lots of destruction.  Of interest is the new region of Pochven, which came in with the October update.  I guess the Triglavians were busy cleaning house.

And then there is Oasa, the crab capital of New Eden now, where some players rat and mine 23.5 hours a day.  I admire their almost robotic stamina, but somebody has been hunting them it seems.  There isn’t anything else going on in that space.

The other big number comes on the mining front where the indices chart shows that mineral prices have hit an all time high.

Oct 2020 – Economic Indices – Long Term

Mineral prices are now higher than even the post dronelands fix when minerals were removed from drone NPCs.  So miners must be raking in the loot, right?  Well… September saw a total of 27.3 trillion ISK worth of ore mined in New Eden.  October saw that rise slightly, to 28.68 trillion ISK.  The top ten regions were:

  1. The Forge – 1.6 trillion (High Sec)
  2. Domain – 1.58 trillion (High Sec)
  3. Metropolis – 1.5 trillion (High Sec)
  4. Sinq Laison – 1.45 trillion (High Sec)
  5. Oasa – 1.16 trillion (PandaFam)
  6. Lonetrek – 1.14 trillion (High Sec)
  7. The Citadel – 1.01 trillion (High Sec)
  8. Tash-Murkon – 978 billion (High Sec)
  9. Everyshore – 831 billion (High Sec)
  10. Derelik – 793 billion (High Sec)

Why no overall boost or spike in region totals?  Because the same October update that brought the Pochven region also landed a severe blow with the nerf bat on mineral yields for ore, stripping minerals from different sectors of space.  If the prices went up and the totals stayed about the same, that means the yield must have been way off.  The mineral starvation diet continues in New Eden.

Trade values were also up a bit, moving from 600 trillion ISK in September to 658 trillion ISK in October with the top regions being:

  1. The Forge – 456 trillion (Jita)
  2. Domain – 57.46 trillion (Amarr)
  3. Delve – 24.29 trillion (Imperium)
  4. Sinq Laison – 21.67 trillion (Dodixie)
  5. Lonetrek – 15.48 trillion (Caldari High Sec)
  6. Metropolis – 10.21 trillion (Hek)
  7. Heimatar – 9.64 trillion (Rens)
  8. Essence – 4.91 trillion (Gallente High Sec)
  9. The Citadel – 4.53 trillion (Caldari High Sec)
  10. Oasa – 4.3 trillion (PandaFam)

The Forge, home to Jita and the Tranquility Trading Tower in Perimeter, remain far and away the top spot for trade.  Jita, Amarr, and Delve all saw increases in trade, while other regions… and it is the same set of regions in the top ten for both months… were stable or saw slight declines.

Delve, of course, represents the Imperium supplying the war effort.  And Amarr, its short route to Jita now cut by Triglavian space, is rising rather than falling now standing on its own.  We shall see if that trend continues.

Production also reflects the war effort when it comes to the war, with 122.78 trillion ISK in production taking place in October, up from 114.5 trillion ISK the month before.

  1. The Forge – 21.55 trillion (High Sec)
  2. Delve – 17.31 trillion (Imperium)
  3. Lonetrek – 6.86 trillion (High Sec)
  4. The Citadel – 6.58 trillion (High Sec)
  5. Oasa – 5 trillion (PandaFam)
  6. Domain – 4.95 trillion (High Sec)
  7. Sinq Laison – 4.88 trillion (High Sec)
  8. Esoteria – 3.84 trillion (Legacy)
  9. The Kalevala Expanse – 3.60 trillion (PandaFam)
  10. Malpais – 3.34 trillion (PandaFam)

The trio of The Forge, The Citadel, and Lonetrek remain the industrial core of the game, feeding the Jita markets, but out in Delve the Imperium was busy building replacements for the many ships expended in NPC Delve.  PandaFam is also making their way in producing out in their space.  Legacy also made the cut in Esoteria, though there is a minor invasion going on in their industrial heartland, with The Initiative joining The Bastion and Ferrata Victrix there.

And, finally, there is the big ISK faucet, NPC bounties.  October will be a benchmark month as CCP set about nerfing this with the November update.

October saw 55.9 trillion ISK in NPC bounties collected, up a bit from the 52.1 trillion ISK taken in the month before.

Oct 2020 – Top Sinks and Faucets Over Time

The top regions were:

  1. Oasa – 6.23 trillion (PandaFam)
  2. Branch – 4.24 trillion (PandaFam)
  3. Cobalt Edge – 3.6 trillion (PandaFam)
  4. Perrigen Falls – 2.88 trillion (PandaFam)
  5. Vale of the Silent – 2.52 trillion (mixed small groups)
  6. The Kalevala Expanse – 2.25 trillion (PandaFam)
  7. Insmother – 2.07 trillion (Legacy)
  8. Detorid – 1.97 trillion (Legacy)
  9. Malpais – 1.83 trillion (PandaFam)
  10. Tenal – 1.76 trillion (PandaFam)
  11. Delve – 1.73 trillion (Imperium)

As you can see, the attackers in World War Bee are enjoying a good deal of freedom to rat and mine at home.  I tacked Delve on there in 11th place to show that it was still active even with the war having come to the region at last.  Esoteria, which was in the top ten last month, dropped down to 18th place.  I am going to guess that the minor invasion which I mentioned above might be suppressing a bit of ratting.

So it goes.

We will see in the November MER if the nerfs CCP brought have an impact on the NPC bounty numbers.  When we were out in Oasa Fraternity seemed a bit testy about people stealing from their ESS banks.

If you are interested in the charts and the raw data, CCP makes all of that available as a download with the MER dev blog.

Related:

The September MER Follows the War in EVE Online

CCP got the EVE Online Monthly Economic Report for September out on Monday, so it is time to see what the numbers say for the third month of World War Bee.

EVE Online nerds harder

Since it is war time, destruction is the first thing I want to look at.  The top ten regions for destruction in September were:

  1. Querious – 2.71 trillion (Imperium)
  2. The Forge – 2.24 trillion (High Sec)
  3. Lonetrek – 1.59 trillion (High Sec)
  4. The Citadel – 1.54 trillion (High Sec)
  5. Delve – 1.40 trillion (Imperium)
  6. Metropolis – 1.19 trillion (High Sec)
  7. Sinq Laison – 1.15 trillion (High Sec)
  8. Catch – 942 billion (Legacy)
  9. Genesis – 919 billion (High Sec)
  10. Oasa – 848 billion (PandaFam)

As with August, The Forge, the usual top dog, remains in second place and three null sec regions occupy the list.  But in August it was Fountain at the top.  For September Querious tops the list with almost the exact same total as Fountain had the month before.

Most of the other regions, most of which were in last month’s top ten, were down.  Only Catch was up compared to the previous month.

Overall the MER says that 33.6 trillion ISK was destroyed in New Eden in September, down from the 38.4 trillion reported in August.  An odd turn in that.  My guess is that when we get the October MER we will find Delve at the top… I count nearly 10 trillion destroyed so far… with Querulous in staying on the list.

From there I might as well flip the coin a look at production.  The top ten regions were:

  1. The Forge – 21 trillion (High Sec)
  2. Delve – 14 trillion (Imperium)
  3. Lonetrek – 6.74 trillion (High Sec)
  4. The Citadel – 6.72 trillion (High Sec)
  5. Domain – 4.56 trillion (High Sec)
  6. Oasa – 4.48 trillion (PandaFam)
  7. Sinq Laison – 4.39 trillion (High Sec)
  8. Vale of the Silent – 3.69 trillion (mixed small groups)
  9. Esoteria – 3.06 trillion (Legacy)
  10. The Kalevala Expanse – 2.89 trillion (PandaFam)

The Forge, Lonetrek, and The Citadel, which all feed the Jita market dominate production.  But Delve does pretty well as the Imperium builds to feed its war effort.  Meanwhile, PandaFam in Oasa and TKE work away on their supply line and Legacy builds in Esoteria.  I am note sure who is building in Vale of the Silent, but carry on.  A total of 114.5 trillion ISK of production took place in September.

And to supply that production there needs to be minerals.

With the announcement of the pending mining nerf, mineral prices resumed their climb in September.

Sep 2020 – Economic Indices

In fact, if you look at the long term chart, mineral prices are now around the all time high they hit back in 2012, when CCP changed the drones NPCs in the drone regions to have bounties rather than mineral drops.

Sep 2020 – Economic Indices – Long Term

We have to keep that in mind when we look at the amount mined, as it is measured in ISK value rather than a physical amount.  The top ten regions for mining were:

  1. The Forge – 1.50 trillion (High Sec)
  2. Oasa – 1.27 trillion (PandaFam)
  3. Metropolis – 1.26 trillion (High Sec)
  4. Sinq Laison – 1.23 trillion (High Sec)
  5. Domain – 1.14 trillion (High Sec)
  6. Lonetrek – 1.14 trillion (High Sec)
  7. The Citadel – 888 billion (High Sec)
  8. Tash-Murkon – 849 billion (High Sec)
  9. Perrigen Falls – 769 billion (PandaFam)
  10. Everyshore – 768 billion (High Sec)

Mining remained a high sec game, with only two null sec regions making the cut.  Gone are the days of the “Delve Time Units” of yore.  And even with the bump in mineral prices, the amount mined was in most of the top regions when compared to August.   Overall the regional data shows a total of 27.3 trillion ISK worth was mined in September, down from the 30.6 trillion ISK mined in August and the 29 trillion ISK mined in July, when prices were less dear.

And once you mine and build all of that, you have to sell it, which brings us to the trade values.  The top ten regions for trade were:

  1. The Forge – 411 trillion (Jita)
  2. Domain – 52 trillion (Amarr)
  3. Sinq Laison – 24 trillion (Dodixie)
  4. Delve – 20 trillion (Imperium)
  5. Lonetrek – 15 trillion (Caldari High Sec)
  6. Metropolis – 10 trillion (Hek)
  7. Heimatar 9.2 trillion (Rens)
  8. Essence 5.2 trillion (Gallente High Sec)
  9. Oasa – 4.3 trillion (PandaFam)
  10. The Citadel 4.2 trillion (Caldari High Sec)

Of the 600 trillion ISK in trade in New Eden, Jita remains the undisputed champion, accounting for (along with Perimeter) more than two thirds of the total.  But The Forge has been declining a bit every month, while the fall of Niarja has seemed to stimulate Amarr some, as it has risen since that event, up almost 9 trillion ISK since August.

However, since Niarja was pulled from its high sec connections to become part of the Triglavian Pochven region earlier this month, that might change.  Amarr was no doubt boosted some by the proximity of the fighting in Niarja.  Now that is gone.  Will its proximity to the war front, relative to Jita, sustain its growth going forward?

Delve, meanwhile, saw a boost in trade, and will likely see an even bigger boost in both trade and production when the October MER is released.

And, finally, to pay for all that trade, capsuleers need ISK, and NPC bounties remain the biggest ISK faucet in the game.

Sep 2020 – Top Sinks and Faucets Over Time

NPC bounties have settled down into a fairly predictable range over the last few months.  For August the total bounty payout was 52.6 trillion ISK, in September the number was 52.1 trillion ISK.  But who is earning that ISK?  The top ten regions in September were:

  1. Oasa – 6.10 trillion (PandaFam)
  2. Branch – 3.47 trillion (PandaFam)
  3. Cobalt Edge – 3.40 trillion (PandaFam)
  4. Perrigen Falls – 2.79 trillion (PandaFam)
  5. The Kalevala Expanse – 2.35 trillion (PandaFam)
  6. Insmother – 2.27 trillion (Legacy)
  7. Vale of the Silent – 2.18 trillion (mixed small groups)
  8. Esoteria – 1.97 trillion (Legacy)
  9. Detorid – 1.92 trillion (Legacy)
  10. Deklein – 1.89 trillion (mixed small groups)

PandaFam in general, and Fraternity in particular, seem to be raking in the big ISK still in their home space, far from the war.

So it goes.

As noted the war and the big mining nerf will likely show up even more pronounced on the MER when the October edition is released.  Destruction, production, and trade ought to see a boost, while overall mineral prices should continue their climb into record high territory.

As always, the charts and data from the MER are available from CCP.