German machinery sales set record, up 6 percent in 2012

Published: February 12, 2013 2:08 pm ET
Updated: May 9, 2013 9:05 am ET

Ulrich Reifenhäuser

Related to this story

Topics Machinery, K 2013
Companies & Associations VDMA

FRANKFURT, GERMANY -- Sales from German plastics and rubber machinery manufacturers rose 6 percent in 2012, reaching a new record.

Sales peaked at 6.5 billion euros ($8.07 billion), beating the record of 6 billion euros ($7.94 billion) set in 2011. The previous record had been in pre-recession 2008.

"This welcome year-end result exceeds our expectations," said Ulrich Reifenhäuser, chairman of the VDMA Plastics and Rubber Machinery Association, in a Feb. 11 news release.

"At the midpoint of the year we were still anticipating a slight decline in sales for 2012 (down 2 percent), while predicting a fairly strong recovery in 2013," he said. "Developments in the second half of the year resulted in a change in momentum."

The results were helped by record-breaking exports — as of November, deliveries to other countries were up 3.1 percent from 2011.

"We are witnessing a revival of traditional markets — with German manufacturers experiencing above-average growth in the [United States] and even in the [European Union], where Poland has become the largest market. In Southeast Asia, Thailand and Indonesia in particular are conspicuous for their high levels of growth, whereas sales to China and India are on the decline," Reifenhäuser said.

Frankfurt-based VDMA estimates German machinery exports will reach 4.4 billion euros ($5.9 billion).

Thorsten Kühmann, managing director of the association, said incoming orders are showing signs of recovery.

"For the year as a whole, incoming orders lagged 12 percent behind the previous year. But the decline slowed over the last few months, and in the final quarter of 2012 they matched the previous year's level," he said. "In an end-of-year survey only one fifth of respondents from the association complained of production problems owing to a lack of or insufficient orders."

More than half of the machinery manufacturers reported that they had added jobs in Germany in the second half of 2012.

The outlook for 2013 is positive, but not as strong as the 2012 results.

"For 2013, the year of the next K trade fair, the association predicts sales growth of 3 percent," Reifenhäuser said.

According to VDMA's most recent survey of its members, 38 percent expect to add staff in the first half of 2013, while 40 percent expect no change. Respondents are optimistic about prospects for growth in orders in the first half of 2013, but there are lingering concerns about the markets in Western Europe.


Comments

German machinery sales set record, up 6 percent in 2012

Published: February 12, 2013 2:08 pm ET
Updated: May 9, 2013 9:05 am ET

Post Your Comments


Back to story


More stories

Image

NFM Welding Engineers opens direct office in China

February 26, 2015 2:05 pm ET

MASSILLON, OHIO — Extrusion equipment manufacturer NFM Welding Engineers Inc. has opened a sales office in Dalian, China.    More

Image

Amut buys Dolci and Bielloni

February 25, 2015 3:41 pm ET

Amut SpA, the Novara, Italy-based maker of extruders, thermoforming machines and plastics recycling equipment, has acquired the Italian company that...    More

Image

Extrusion equipment makers adapting to market demands

February 25, 2015 2:11 pm ET

Extrusion equipment suppliers strive to meet new needs of the marketplace. While they continue upgrading speed, output and quality, they're also...    More

Image

Blow molding equipment makers turn up the efficiency

February 25, 2015 2:08 pm ET

Coming off a year of overall stable sales in 2014, blow molding equipment suppliers are looking for some growth coming from the packaging, automotive ...    More

Image

Thermoforming equipment makers to display new products, capabilities

February 25, 2015 1:52 pm ET

Thermoforming equipment makers, component suppliers and machine dealers will display their products and discuss capabilities during NPE 2015, March 23...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events