Italian machinery exports fall in first quarter

EUROPEAN PLASTICS NEWS

Published: June 26, 2013 12:39 pm ET
Updated: June 26, 2013 12:41 pm ET

Related to this story

Topics Machinery, K 2013

There was an uncertain start to the year for Italian exporters of plastics and rubber processing machinery, according to official figures that have been reviewed by Assocomaplast, the Italian trade organization.

Machinery exports in January-March this year fell 4 percent compared to the same period in 2012. This reversed a positive trend for Italian exports at the end of 2012, which continued into the earliest part of 2013.

A downward trend had been predicted in a business climate survey conducted at the start of 2013 by Assocomaplast. "That said, the same survey repeated in April-May of this year recorded a modest upturn in order portfolios, so it will be interesting to see to what extent this translates into a recovery for exports," the trade body said in a statement.

The export market had previously provided relief to Italian plastics and rubber machinery companies, which have faced a shrinking domestic market due to Italy's economic downturn.

In the statement, Assocomaplast said: "On the domestic front there are no signs in the near future of any increase in production output that would renew processors' propensity to invest in equipment."

The group said it hopes new government initiatives, which include measures to encourage machinery investments, will give Italian processors an incentive to renew their equipment.

Assago, Italy-based Assocomaplast is calling for further government incentives that build on the so-called "Sabatini law," which provides support to small- and medium-sized enterprises for funding machinery purchases.


Comments

Italian machinery exports fall in first quarter

EUROPEAN PLASTICS NEWS

Published: June 26, 2013 12:39 pm ET
Updated: June 26, 2013 12:41 pm ET

Post Your Comments


Back to story


More stories

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...    More

Plastics Machinery Group now offering injection presses

September 26, 2014 10:46 am ET

Solon, Ohio-based Plastics Machinery Group is expanding its machinery offerings by adding injection molding machines to its inventory and adding a ded...    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