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Strong growth for German machinery producers

20/06/2011


The value of production of German producers of “core” plastics and rubber machinery increased by 28.9% last year to €4,911m from €3,811m in 2009.
However, lower growth in non-core machinery — including printing and auxiliary equipment and tooling — brought down overall growth to 18.3%, with a production value of €7,460m.
The 2010 data was revealed on 9 June by the German Plastics and Rubber Machinery Association (VDMA).
 In addition to releasing its final-year 2010 results, VDMA also released global data on sales and consumption of plastics and rubber machinery.
VDMA estimates that world production of core plastics and rubber machinery grew 38.1% in 2010 to a value of €23.347m. China is notable here for having overtaken Germany as the largest producer in 2009, the gap having meanwhile widened further with Chinese producers accounting for 29.3% of world production, compared with 21% for German producers.
Both Italian (9.6%) and U.S. (5.4%) producers have also lost market share in 2010, but Japanese producers managed to increase their share of world production from 4.1% in 2009 to 5.4% in 2010.
But although the value of Chinese production has almost doubled from €3,820m in 2009 to €6,840m in 2010, only 21.9% has gone to exports, compared with 67.5% for German producers.
China therefore remains, as in 2009, as the top export market for German producers with a value of €587m in 2010 accounting for a 17.7% share of German core plastics and rubber machinery exports.
Meanwhile, in 2010, German producers have reached €587.2m, slightly above the €577.6m level for Japanese suppliers. During the 2001-2010 period, Chinese exports increased rapidly in percentage terms, but at a low level. Currently China exports €85.2m in machinery to Japan and €37.8m to Germany.
The comparable China-to-US data for 2010 was €34.2m, the US-to-China data was €98.4m.
Looking in more depth at sales of Germany-made machinery, VDMA said the US market retains second place for German machinery producers with sales of €228m. But India has replaced Russia in third place.
French and Italian markets were almost level pegging in fifth and sixth positions.
Turkey made a big leap from 17th to seventh place, as did Brazil, jumping from 16th to eighth place. Poland and Mexico were close together in ninth and 10th positions with each around €95m.
Strongest growth in production value by type of machinery was taken by injection molding machines, up 57% in 2010 to a value of €638m, the sector exporting 93% of overall production value.
Blow molding machines did next best with 35.4% growth to €373m. Extrusion machinery did slightly less well with production value up 30.9% to €912m.
Thermoforming machinery accounted for €155m, up 30%.

Plastics.ru

     








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