Italian machinery exports boosted in first quarter
Italian plastics and rubber machinery makers experienced a 24% increase in exports in the first quarter of 2011, according to figures released by the country’s machinery association Assocomaplast. Continuing a positive trend which started in mid-2010, exports of all types of plastics and rubber machinery and moulds rose from €401m in January-March 2010 to €498m in the same period of this year. Imports increased by 12% from €114m to €128m over the same period. Assocomaplast noted that extruders continued to be the highest value exported machinery, growing by 27% from €43m to €55m over the period. Italian exports of injection moulding machines grew by one-third to €19m in the first quarter of this year. Exports of thermoforming machines more than trebled to €13m in the first quarter of 2011. But exports of Italian blow moulding machines dropped nearly 10% from €28m in the first quarter of 2010 to €25m this year. Assocomaplast said Germany still ranks as the top destination for Italy’s machinery export, but its statement did not report actual figures. Reporting changes in the ranking of countries exported to, the statement said: “China, with almost €42m (less than €27m one year earlier), outstripped France (nearly €32m). The US jumped fourth from seventh with some €25m (€19m in the first quarter of 2010), followed by Poland (+60%), India (+133%, up to more than €20m) and Brazil (+103%, again exceeding €20m).” Assocomaplast said that extrusion lines accounted for the increased sales to Germany, China, Poland and Brazil.