NEWS
US plastics machine sales fall in third quarter of the year
North American sales of plastics processing machin- ery fell again in the third quarter of this year. The Plastics Industry
Association’s Committee on Equipment Statistics (CES) said that machinery sales were US$319 million for the quarter. This represents a 9% decline compared to the same period in 2023. Sales of single-screw
extruders fell nearly 28% year-on-year, but were about 32% higher than the previous quarter. Twin-screw extruder sales rose 43%
year-on-year and by nearly 150% on the previous quarter. For comparison, sales of injection moulding ma- chines were down 11% year-on-year, but up by around 34% compared to the previous quarter. “The rebound in primary plastics equipment in the third quarter shows that growth prospects remain, aligning with the positive outlook for the broader plastics industry – not just equipment,” said Perc Pineda, chief economist at the association. “With
baseline demand for plastic products holding steady, demand for plastics equip- ment is likely to grow over time.” The latest CES quarterly survey showed that 70% of respondents expect improved market conditions over the next year. In addition, the portion of respondents reporting an increase in quoting activity rose from 40%, in the previous quarter, to 42%. In Q3 2024, US plastics equipment exports reached US$348m – nearly 20% down year-on-year, but 2%
higher than the previous quarter. Mexico and Canada
remain the top export markets, accounting for a combined US$156m – or 45% of the total, said the association. Pineda added that the
likelihood of ongoing interest rate cuts to a target range of 4.25-4.5% “should gradually help the manufac- turing sector move past the recent downturn”. Pineda added: “US manu- facturing has faced an interest rate-driven slump.” �
www.plasticsindustry.org
CONEXTRU extruders are reliable, short in delivery, high in performance, easy to operate and built with high quality EU components, designed for PE & PP and technical polymers.
www.conextru.eu dobrowsky.j@conextru.eu www.cone
tru.eu |
dobrowsky.j@conextru.eu
*15 years of excellence*
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44
