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

Small is beautiful in Nissei's newest press

November 21, 2014 2:14 pm ET

Responding to customer demand for flexibility, Japanese plastics-equipment manufacturer Nissei Plastic Industrial Co. Ltd. is demoing a caster-...    More

Image

Three advancements have driven injection molding technology

November 21, 2014 6:00 am ET

Injection molding technology has made major advances in the last 25 years, from largely a world of shoot-and-ship to doing as much as possible at the ...    More

Image

Renners leaving Sumitomo (SHI) Demag

November 21, 2014 10:01 am ET

Christian Renners is leaving injection molding press manufacturer Sumitomo (SHI) Demag Plastics Machinery GmbH, the company announced Nov. 21.    More

Image

Netstal, Electra Form team up for PET preform partnership

November 20, 2014 3:15 pm ET

The Netstal division of Krauss-Maffei Corp. is teaming up with Electra Form Industries in a partnership to offer PET preform machines and molds as a...    More

Image

High pressure RTM systems moving from Europe to Mexico

November 20, 2014 4:24 pm ET

Engel Holding GmbH's subsidiary in Mexico says it has sold the first high pressure resin transfer machine system (HP-RTM) in the Americas to a Mexican...    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events