German machines sales growth up to 4%

image_thumb[2]German plastics and rubber machinery manufacturers expect sales to rise by 4% in real terms in the current year. A two per cent increase is anticipated for 2016, taking sales above 7 thousand million euro for the first time.
The year 2014 ended with output 1.6 per cent lower and exports at around the previous year’s level (down 0.1 per cent).
Besides the signs of recovery in several foreign markets (Brazil,Mexico, China, India and USA), the german market accounted for an 18% increase, after several years of decline. The german imports of plastics and rubber machinery also rose by an impressive 19,5% in 2014.
The 2014 figures confirm the leadership of the global market, with a share of 23,8%. China has a share of 12,9% in the global exports (including machines made in China by german companies).