German machines: exports on the rise

The year 2010 saw a robust recovery in foreign deliveries by German plastics and rubber machinery manufacturers. However, in spite of annual growth of 25.6 per cent, exports fell far short of the record achieved in 2008. “There is a chance that the gap may of course close again this year,” said Ulrich Reifenhäuser, Chairman of the VDMA Association, who added that “German export deliveries had risen by 46.5 per cent by the middle of 2011.”
The countries with the biggest sales markets all boast significantly above-average growth rates: China ranks first with a 67 per cent increase, followed by the US with 60 per cent, India with 95 per cent, Russia with 80.1 per cent, Mexico with 96.8 per cent and Turkey with 87.3 per cent.
The industry’s sales were up 35 per cent in the first half of 2011. “Based on the current forecast sales will rise by 18 per cent over the year as a whole,” recalled Thorsten Kühmann, Managing Director of the Association. “However, in the light of the figures for the year to date, growth may in fact top the 20 per cent mark. The industry as a whole will therefore reach its all-time high again and is even set to exceed it.”
The positive sales trend is expected to continue in 2012. The industry’s new orders were up by a further 23 per cent in the first six months of 2011, with orders from customers in Germany rising by 21 per cent and those from abroad by 24 per cent.