NEWS


Italian machinery sales fall 11% in 2020, but 2021 holds promise


Sales of Italian plastics and rubber machinery fell by more than 11% last year – but have begun to recover in 2021.


Amaplast, which repre- sents machinery manufac- turers, said that sales in 2020 fell to €3.9 billion (US$4.6bn). These figures include an 11% fall in exports, a 14% decline in imports and a fall of around 13% in the value of the domestic market. Exports declined to just over €2.7bn (US$3.2bn), while the domestic market fell below €2bn (US$2.3bn).


An analysis of exports in 2020 shows a rise in sales in Europe – which represents more than 58% of the total. There was particularly good performance in markets outside the European Union, said Amaplast. The proportion of sales


to Asia fell slightly, from 17.5% to 16.7%, with a similar situation in North America (from 15.2% to 14.6%). Many of the 10 leading export destinations saw double-digit drops – though exceptions included Russia (a 42% increase) and Turkey (up 14%).


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Italian market for plastics and rubber machinery, equipment and moulds (% value change 2019/2020)


Production Exports Imports


Domestic market Trade balance


Source: Amaplast


“Overall, 2021 began in an encouraging manner,” said Amaplast. “A rebound in production and exports is foreseen, although it might be optimistic to expect a return to pre-crisis levels within the space of a few


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months. This will be much more likely to occur in 2022.”


Amaplast added that its members fared relatively well compared to the sector as a whole. Revenues fell by a “quite minor” 2.8% in 2020, while employment numbers rose by around 3.3%, it said.


In another positive sign,


half of the member compa- nies that took part in a recent survey reported increased orders in the first half of this year, compared to the second half of 2020. � www.amaplast.org


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