Italian industry of plastics and rubber machinery recovers
The final 2010 balance for the Italian plastics and rubber processing and recycling machinery industry shows a firm recovery, even higher than expected in previous forecasts, with respect to 2009.
All five of the main indicators for the sector such as production, exports, imports, domestic market and trade balance reveal decidedly positive trends, recovering the losses suffered in 2009 compared with the record-year 2008. Assocomaplast (an Italian trade association numbering about 170 manufacturers of plastics and rubber machinery, equipment and moulds) highlights that 2010 turnover posted solely by its own members recorded even higher growth (around +20%) than the national average. It is also worth mentioning that, while total exports for the sector increased by 10% compared with 2009, those for core machinery - injection moulding presses, extrusion lines, blow moulding machines etc. etc. - achieved an average increase of 14%, while a +30% jump was posted by extrusion lines. Regarding the main destination countries for exports, Germany ranks again at the top (+10% with respect to 2009, up to over 310 million euros) while China regained second position (+55%; 130 million).