NEWS
US plastics machinery market sees second quarter increase
Primary plastics machinery shipments in North America increased by 4% from the previous quarter to exceed US$263 million, according to the Plastics Industry Association’s Committee on Equipment Statistics. The value of shipments of single-screw extruders fell by nearly 36%, while those for twin-screw extruders declined by more than 30% in the same period. For comparison, shipments of injection moulding machin- ery rose by more than 11% from the first quarter. Plastics machinery
plastics machinery ship- ments are still lower than the previous quarters, the second quarter uptick is consistent with gradual improvement in the US economy,” said Perc Pineda, chief economist at the association. The statistics committee’s
exports in the second quarter totalled US$289m, a 21% drop from the previous quarter. Imports rose by 15% to reach almost US$650m. “Although primary
quarterly survey of plastics machinery suppliers, regarding market condi- tions, found 40% of re- spondents expect condi- tions to improve or remain the same in the third quarter. The compares with 18.5% who felt the same
way in the first quarter. For the next 12 months, 24% expect market conditions to be steady or improve, which is slightly higher than the 22.6% who felt this way in the previous quarterly survey. Canada and Mexico
remain the top export markets for US equipment suppliers. Combined exports to the USMCA trade partners reached almost US$135m, representing more than 46% of total US plastics machinery exports in the second quarter. �
www.plasticsindustry.org
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