Italian machinery imports and exports fall

EUROPEAN PLASTICS NEWS

Published: September 19, 2013 2:22 pm ET
Updated: September 19, 2013 2:23 pm ET

Related to this story

Topics Machinery, Europe
Companies & Associations Assocomaplast

Trade group Assocomaplast says Italian imports and exports of plastics and rubber machinery fell in the first half of the year.

Imports dropped 6.2 percent to 279.7 million euros, as the domestic market still struggles to recover, according to the group. The biggest drop in imports was in thermoforming machines (down 61 percent), extruders and extrusion lines (down 44.1 percent) and blow molding machines (down 38.5 percent).

Imports of flexographic printers, however, increased 51.7 percent.

In terms of exports, overall sales were down 1.7 percent to 1.2 billion euros, but Assocomaplast says this indicates that the market held "relatively firm."

"The drop in exports… can be considered minor, especially given their overall ups and downs," said the group. "Foreign sales in fact followed an intermittent trend over the first six months of 2013: after a decidedly strong start to the year — entrained by the positive close to 2012 — export flows lost some momentum, though without any of the steep declines suffered by other Italian mechanical engineering sectors."

Thermoforming machines again suffered here; exports were down 15.8 percent. Sales of extruders, blow molding machines, molds and parts and components all fell slightly but exports of injection molding machines increased 23.8 percent.

As in 2012, Germany is still the top destination for exports, accounting for 14.9 percent of the total. The United States and France both account for 6 percent of exports, followed by Russia, Poland, China, Spain, the United Kingdom, Brazil and Turkey.


Comments

Italian machinery imports and exports fall

EUROPEAN PLASTICS NEWS

Published: September 19, 2013 2:22 pm ET
Updated: September 19, 2013 2:23 pm ET

Post Your Comments


Back to story


More stories

Image

Optical disc molder OEM getting into micromolding with acquisition of CDA

August 29, 2014 11:24 am ET

Optical disc replicator and molder Optical Experts Manufacturing Inc. of Charlotte, N.C., has expanded its core business and entered new high...    More

Image

Haitian's standardization efforts paying off

August 29, 2014 9:53 am ET

Streamlined design efforts and robust export sales helped propel Ningbo, China-based injection molding machine manufacturer Haitian International...    More

Image

American Starlinger-Sahm begins work on new US headquarters

August 29, 2014 10:18 am ET

American Starlinger-Sahm Inc., which sells equipment for woven plastic bag production, PET recycling equipment, sheet extrusion and laminating lines...    More

Polish injection molder Teknorubber up for sale

August 29, 2014 9:14 am ET

Polish plastic parts maker Teknorubber has been put up for sale following its insolvency filing in March 2014. The company is to be auctioned through ...    More

Image

Sidel opens training center in Mexico

August 29, 2014 9:00 am ET

Swiss machinery company Sidel Group has opened a new training center in Guadalajara, Mexico, featuring a virtual factory environment, augmented realit...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events