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

Five-axis flexibility paying off for Sepro and its customers

October 29, 2014 1:47 pm ET

French robot maker Sepro Robotique expects to generate 78 million euros ($99 million) in 2014 sales — 17 percent more than 2013 — as...    More

Image

KraussMaffei thinking small (machines)

October 27, 2014 6:00 am ET

KraussMaffei Technologies GmbH is targeting small-tonnage machines at Fakuma — including the rollout of its reworked CX press, boasting lower...    More

Image

Milacron features multi-brand integration

October 27, 2014 1:36 pm ET

Fakuma 2014 gave Milacron LLC an ideal opportunity to show how its ever-growing portfolio of brands are working together in the injection molding...    More

Image

Automation firms join forces, look to automotive for future growth

October 24, 2014 2:43 pm ET

Hoping to ease the way for automation in some specialized areas of automotive plastics like laser cutting of door panels, a German robot maker and an ...    More

Image

German export sales strong, push for energy savings continues

October 24, 2014 12:34 pm ET

Germany is the engine that drives the European economy — and when it comes to the plastics industry, German machinery is a potent force, an expo...    More

Market Reports

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 million dollar 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

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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