Italian machinery sales stable in 2013

EUROPEAN PLASTICS NEWS

Published: March 24, 2014 9:18 am ET
Updated: March 24, 2014 9:21 am ET

Related to this story

Topics Machinery, Europe
Companies & Associations Assocomaplast

Assocomaplast, the Italian association for plastic and rubber processing machinery, has released data for 2013 which it said indicated the Italian machinery market was remaining stable.

The organization, which represents 162 local plastics and rubber machinery, ancillary equipment and molds manufacturers, reported that an export recovery at the end of 2013 meant that Italian manufacturers were able to compensate for weaknesses in the domestic market.

The organization attributed the stability in the industry to strong growth in injection molding machines, where sales grew by 32 percent to over 126 million euros ($173.5 million), although it noted that sales fell for extruders and blow molding equipment.

Production revenue in the industry dropped by 2.5 percent between 2012 and 2013, falling from 4 billion euros ($5.5 billion) to 3.9 billion euros ($5.3 billion). Assocomaplast put this decrease down to a slight fall in demand from abroad, which represents 65 percent of total production.

However Assocomaplast reported its member companies performed better than average in the industry in terms of revenues and exports, seeing a 1.3 percent rise versus others in the sector.

In a preliminary report released last year Giorgio Colombo, president of Assocomaplast, said that both the domestic and export markets proved difficult in 2013.

“The current year [2013] is suffering from the deep crisis in the domestic market and the slowdown — which was particularly accentuated in the second half of the year — in certain very important export markets, including China, Brazil and the US,” he said.

The organization said the top five export markets for Italian machinery remained unchanged from 2012: Germany, France, US, Poland and China, with exports to Poland growing by 5 percent in 2013 while the remaining export markets saw drops ranging from 3 percent to Germany and 17 percent to France.


Comments

Italian machinery sales stable in 2013

EUROPEAN PLASTICS NEWS

Published: March 24, 2014 9:18 am ET
Updated: March 24, 2014 9:21 am ET

Post Your Comments


Back to story


More stories

Image

Milacron commits $30 million to investment in India

August 20, 2014 5:42 pm ET

MUMBAI — Cincinnati-based Milacron LLC plans to invest $30 million over the next three years in India. The investments will double capacity at...    More

Image

Faerch Plast doubling capacity in UK

August 20, 2014 9:42 am ET

R. Faerch Plast A/S, one of Europe’s leading producers of plastic containers for the food industry, is set to double production...    More

Image

Pactiv selling building products unit to Ireland's Kingspan

August 19, 2014 3:54 pm ET

Irish building material manufacturer Kingspan Group plc is acquiring the insulation business of Lake Forest, Ill.-based Pactiv Building Products for...    More

Image

Germany's Bolta building $50 million plating plant in Alabama

August 19, 2014 2:21 pm ET

A German company is setting up a plastics chrome plating plant in Tuscaloosa, Ala.    More

Image

Trade group lists China's top plastics machinery manufacturers

August 15, 2014 9:58 am ET

The China Plastic Machine Industry Association has unveiled its latest rankings of the top 25 plastics machinery suppliers in China as well as leading...    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