Italian machinery sales rise in first half of year

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www.amaplast.org

Sales of Italian-made plastics and rubber machinery expanded in the first half of the year.

Amaplast, which represents machine makers, reported a 10% growth in sales compared to the same period in 2021 – though did not release specific figures.

In addition, it said that the third quarter of the year would also be positive – thanks to both domestic and overseas sales.

Exports for the first half of the year rose by around 3%, it said. Sales to the European Union and North America saw a “slight downturn”, while those to European non-EU countries, South America and Asia improved.

For its top 10 markets by value, there was an increase in sales to Germany, Poland, Mexico, Spain, India and the UK – but declines for the USA, China, France, and Turkey.

Extrusion machinery performed particularly well, said Amaplast – with a 25% increase in exports for the period.

Exports historically account for more than 70% of Italian machinery production.