Exports of Italian machinery offset weak domestic demand

By Bill Bregar
Senior Staff Reporter

Published: March 25, 2013 12:49 pm ET
Updated: March 25, 2013 12:51 pm ET

Related to this story

Topics Machinery, Molds/Tooling
Companies & Associations Assocomaplast

ASSAGO, ITALY — Stronger exports partially offset weak Italian demand for the country's plastics and rubber equipment and molds in 2012, according to machinery association Assocomaplast.

Overall production was flat in 2012, at 4 billion euros ($5.2 billion), the same number as 2011, Assocomaplast said. The Assago-based trade association released the final statistics March 25.

The domestic market sank 5.7 percent, to 2.05 billion euros ($2.6 billion). But exports grew by 6 percent, to 2.57 billion euros ($3.37 billion).

The top five export market countries kept the same rank as 2012, Assocomaplast said: Germany (with 14.6 percent of the total), France (6.8 percent), the United States (6.2 percent), China (5.4 percent) and Russia (5.2 percent). Of those biggest markets, the United States grew the fastest, at 32.9 percent.

Looking at the numbers by type of equipment, the trade group said that sales of blow molding machines jumped by 18 percent for 2012, thanks to much stronger demand from the United States. U.S. demand for Italian blow molders nearly doubled, and the United States by far the largest export market for that sector.

Sales of extruders gained 9 percent, mainly from stronger sales from Germany, Russia, France and China.

Injection molding machines accounted for the weakest sector, posting a 20 percent drop in euro-based sales volume in 2012 from 2011 levels. Assocomaplast said some longtime Italian manufacturers went out of business or experienced severe financial difficulties.

Italian officials report that molds grew strongly in 2012, up 19 percent from 2011. Assocomaplast reported a "notable boom" in exports to Serbia, probably partly attributed to the new Fiat plant in Kragujevac, southeast of Belgrade.

Mold sales also grew to Poland and the United States.


Comments

Exports of Italian machinery offset weak domestic demand

By Bill Bregar
Senior Staff Reporter

Published: March 25, 2013 12:49 pm ET
Updated: March 25, 2013 12:51 pm ET

Post Your Comments


Back to story


More stories

Image

Extreme Tool uses remote Michigan location to attract younger workers

September 30, 2014 3:47 pm ET

“I'm not saying there's anything wrong with being an old guy like me. But I do believe in the power of youth and reinvesting in training. The...    More

Image

Audacious vandal stuns Taipei Plas

September 29, 2014 4:59 pm ET

Melodrama erupted at the traditionally tranquil Taipei Plas trade show on Sept. 28 when a mysterious intruder flung red paint at the Baumüller...    More

Image

Shini pushes into western China

September 29, 2014 4:28 pm ET

Despite intellectual-property brigands, Taiwan's Shini Plastics Technologies Inc. is zestfully pursuing the enormous Chinese market for plastics...    More

Image

India changes its mind, again: PlastIndia will be in Gujarat

September 27, 2014 1:37 pm ET

TAIPEI, TAIWAN — Less than five months before the opening of India's largest plastics show, PlastIndia, its organizers have decided —...    More

Image

Global giant Foxconn to make, sell molding machines

September 26, 2014 2:48 pm ET

For years, Taiwan's Foxconn Technology Group has been the world's largest contract manufacturer for electronics, with more than 1 million employees wo...    More

Market Reports

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 industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

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

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

More Events