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Italian Machine Tool Consumption Decreased

As media insurance coverage of the ongoing European depression describes Germany as the sole powerful market, in machinery tools, Italy stays fourth in machinery tool manufacture globally (third in exports), ahead of Korea, Taiwan and the U.S.A.. Information collected by the Italian industry society, the UCIMU-SISTEMI PER PRODURRE (USPP) displays that in 2012 Italian manufacture in the sector reached 4,930 million euros a 3.5 per cent growth compared with the previous year. The powerful outcome was driven by very good exports performance, which grew by 12 per cent, reaching 3,650 million euros. The main Italian machinery tool export markets were: China, the United States, Germany, Russia, France, Brazil, Turkey, India, Poland and Mexico. Sales grew in China (+9.5%) to 299 million, the United States (+42.5%) to 264 million, Russia (+31.3%) to 131 million, France (+9.9%) to 128.7 million, Turkey (+52.2%) to 107 million, India (+1.2%) to 99.6 million, Poland (+36.2%) to 94 million, and Mexico (+93.9%) to 81.4 million. An other trend was registered in Germany (-1.4%), which is still the third largest export market of the sector for Italy, with sales reaching 259 million euros. Size was no object at BI-MU with many solid horizontal and vertical centres on show. Domestically, Italian machinery tool expenditure reduced by 13 per cent, achieving 2,220 million euros, with imports declining 10.4 per cent, for a total value of 940 million euros. When tracked as import to expenditure ratio against export to manufacture ratio, however, the import figure rose by 1.2 per cent, while the export ratio gained 6 percentage points. Overall, the designs propose that the Italian machinery tool industry is much more powerful than some internal economic information proposes. This was inveterate at the recent BI-MU 2012 trade show. The 28th edition of the display was held October 2nd to 6th, 2012 at the trade and conference centre Fiera Milano in Milan. There were 1160 companies showing, with 53 per cent of showing firms being Italian. All views of the industry were on show, from cutting and machining tools to stamping, sawing and bending equipment along with automation and software. Luigi Galdabini, president of USPP, said, despite the hard situation, and the recession impressing most states of the Euro Zone, (the display) was successful in maintaining its size, even extraordinary aims with a careful optimism that gives good hope for the near future. Looking beyond the numbers, in line with the previous edition it was the feeling of the companies interviewed on the stands that confirmed the good ensues of the event, which after 2010, a year of profound crisis, displays us a sector that has began again to invest in innovation, and believes in the recovery of the Italian market. Recovery is waited for the second half of 2013, he added.

The 2013 forecasts show a slowing down in the Italian machinery tool, robot, and automation system manufacturing industry, however manufacture is waited to increase by 1.2 per cent reaching 4,990 million euros.

http://www.machturk.com/read_blog/turkish-machinery-news/italian-machine-toolconsumption-decreased-56.html

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