NEWS
Italian machinery makers hit sales record in 2017
Italian plastics machinery association Amaplast said the sector expects 2017 to prove to be a record year, with production likely to hit a value of €4.5bn (up by 5% on 2016 and exceeding its previous record of €4.25bn in 2007). The association has based the forecast on final data collected for the nine months from January to September last year, which saw exports increase by 16% to €3.2bn compared to the previous period in 2016. Imports increased by 12% over the same period.
Italian market for plastics and rubber machinery, equipment and moulds (€ millions)
2016
production exports imports
domestic market trade balance
Source: Amaplast
About 70% of Italian plastics machinery produc- tion is exported and most saw strong growth: thermo- forming machines +51%, extruders +19%, flexograph- ic printers +27% and
moulds +18%. European exports
increased by 20%, raising its relative share of Italian exports to 61%. This came on the back of strong growth in sales in the three main
4,230 2,970 850
2,110 2,120
2017
(estimates) 4,500 3,200 900
2,200 2,300
markets of Germany, Spain and France. Russian sales more than doubled, though from a much lower base. The Americas saw growth
of more than 20%. The US and Brazil were particularly strong, although Mexican sales shrank. Sales to the key Middle East markets of Iran and Saudi Arabia were down, by 5% and 34% respectively, as were sales to China, down by 11%. However, Amaplast said
there was strong increasing demand in Thailand, South Korea and Japan. �
www.amaplast.org
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