Italian machinery group reports mid-year statistics

Published: September 26, 2012 6:00 am ET

Related to this story

Topics Machinery

ASSAGO, ITALY (Sept. 26, 11:45 a.m. ET) — Exports from Italy of extrusion machinery increased in the first half of 2012, while exports of injection molding machines fell, according to Assocomaplast, the trade group representing Italy’s manufacturers of plastics and rubber machinery.

Total machinery and molds exports were 1.23 billion euros ($1.57 billion) in the first six months, an 11 percent increase from the first half of 2011. Imports of machinery grew by 6 percent to 300 million euros ($385 million), which Assocomaplast said was “a clear reflection of the persistent and extreme weakness of the domestic market.”

The group said that exports strengthened in the second quarter after relatively weak sales in early 2012. In the first half, exports of extruders rose by nearly 20 percent, and there were increases for blow-molding machines (+16 percent) and molds (+28 percent).

“On the negative side, exports of injection machines have fallen off (-14 percent), primarily due to a slump in European sales, especially to Russia,” Assago-based Assocomaplast said.

Italian exports have increased to North and South America (with the exception of Brazil), Europe (especially countries outside the EU), Africa (especially countries in the sub-Saharan area) and Oceania.

“On the contrary, stagnation is witnessed in sales to Far Eastern markets as a result of lower Chinese and Indian demand, while exports to the Near and Middle East are falling, probably due to the unstable social and political situation there, compounded by export restrictions to countries such as Iran and Syria,” the group said.

The leading destinations for Italian exports in first-half 2012 were: Germany (14.7 percent of the total), France (6.3 percent), Russia (5.5 percent), United States (5.5 percent) and China (5.1 percent).


Comments

Italian machinery group reports mid-year statistics

Published: September 26, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Haitian's standardization efforts paying off

August 29, 2014 9:53 am ET

Streamlined design efforts and robust export sales helped propel Ningbo, China-based injection molding machine manufacturer Haitian International...    More

Image

American Starlinger-Sahm begins work on new US headquarters

August 29, 2014 10:18 am ET

American Starlinger-Sahm Inc., which sells equipment for woven plastic bag production, PET recycling equipment, sheet extrusion and laminating lines...    More

Image

Sidel opens training center in Mexico

August 29, 2014 9:00 am ET

Swiss machinery company Sidel Group has opened a new training center in Guadalajara, Mexico, featuring a virtual factory environment, augmented...    More

Image

Haitian to start assembly of injection presses in India

August 25, 2014 2:59 pm ET

Chinese press maker Haitian International Holdings Ltd. plans to expand its operation in India.    More

Image

Reiloy Westland to build new headquarters

August 22, 2014 12:53 pm ET

Reiloy Westland Corp. will build a 45,000-square-foot headquarters factory, as the Kansas maker of screws and barrels expands under the ownership of G...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events