Italy machine sales up in first nine months of 2021

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Sourse: www.amaplast.org

Italy’s plastics and rubber machinery manufacturers saw a rise in sales for the first nine months of this year.

Amaplast, the trade body that represents them, said that revenues rose by 14% for the first three quarters of 2021. This was largely due to a healthy domestic demand, said Amaplast. In addition, orders rose by 41%, “ensuring more than a six-month production horizon”.

In the third quarter alone, turnover grew 17% compared to the same period in 2020, and orders were up by 30%. While Q3 sales were again driven by domestic demand – especially for full machinery – the export market was dominated by the need for replacement parts.

Expectations for the final quarter remain positive.

Thanks mainly to international demand, orders are set to rise by 17% and revenues by nearly 60%. Warehouse stock remains stable with a slightly downward trend – indicating faster delivery.

In terms of markets, packaging and medical have shown most growth, while construction and automotive are more static, said Amaplast.

It added that several factors threaten to “compromise” the recovery – including price rises in both raw materials and components, plus low availability and longer delivery times.

“These serious issues have plagued logistics for over a year now, without any near-term resolution in sight,” said Amaplast.

Energy bills are also “beginning to weigh heavily on the books”, which could make Italian production in the sector less competitive than that of foreign competitors, it added.

Ongoing travel restrictions are also a problem, as they prevent machinery manufacturers from installing and repairing equipment. Amaplast said its members derive around three-quarters of their revenue from export sales.

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