CeMAT Network
RSS-Feed       Feedback       Contact

VDMA: Demand for German plastics and rubber machinery recovers

The outlook for plastics and rubber machinery has improved further. The final quarter of 2009 closed with orders for German machinery up by a nominal 35 per cent. October 2009 saw a resumption of demand growth for the first time since early 2008. This trend continued in the two months that followed.

Ulrich Reifenhäuser, Chairman of the VDMA Plastics and Rubber Machinery Association.
Ulrich Reifenhäuser, Chairman of the VDMA Plastics and Rubber Machinery Association. source: Kunststoffe.TV

Stimulus came from outside Europe

"The stimulus came from countries outside Europe," said Ulrich Reifenhäuser, Chairman of the VDMA Plastics and Rubber Machinery Association, "with orders from customers in Germany and the euro area lagging behind the previous year's figures."

2010: Industry expects marked rise in new orders and sales

"Not only are the expectations now positive," the Association Chairman continued, "but the assessment of the current situation has also improved significantly." Early indicators are positive in the most important customer sectors. The latest trend survey among Association's member firms confirms that, compared to the first half of the year, demand for plastics and rubber machinery picked up in all sales areas in the second half of 2009. In the two previous surveys, the picture had been marked by a decline in new orders.  

The order situation is expected to improve further in all sales areas in the current half year. "On this basis there is good reason to believe that the industry's volume of incoming orders and sales will end this year on a markedly positive note," explained Ulrich Reifenhäuser.

Orders down 28 per cent in 2009

Ulrich Reifenhäuser pointed out that following an unprecedented period of growth the economic downturn had resulted in falling orders in the sector since early 2008. Since the autumn of 2008, the plastics and rubber machinery industry had been one of the first branches of German machinery manufacturing to feel the full brunt of the slump in new orders as the crisis took hold.

The rise in the last quarter of 2009 cushioned the effect of the decline for the year as a whole. In the period from January to December, orders for German machinery fell by a nominal 28 per cent. Demand from customers in Germany was down 35 per cent compared to the same period of the previous year, with orders from abroad falling by a total of 24 per cent, but by 38 per cent from the countries of the euro area.

Download:

(Press Release of VDMA)

Press Contact:
VDMA
Verband Deutscher Maschinen- und Anlagenbau e.V.
Jens Rohrbäch
Public Relations Officer
Lyoner Strasse 18
60528 Frankfurt/Main
Germany

Tel: +49 (0)69 66 03-15 08
Fax: +49 (0)69 66 03-25 08
E-mail: Jens.Rohrbaech(at)vdma.org

More articles in this category

According to auditing and consulting services group PwC, logistics companies are increasingly concerned about the threats posed by terrorists, pirates and cyber criminals to major global supply chains...
more...
Industry associations recommend cargo securing standards.
more...
DSLV members advertise for young professionals online.
more...
Who’s Who of sustainable logistics providers.
more...
Logistics consulting firm IWL AG recently surveyed 16 providers and over one hundred users of warehouse management systems on current trends and developments. The survey revealed that for 75 to 80 per...
more...
The Fraunhofer Institute for Material Flows and Logistics (Fraunhofer IML) has updated its DISMOD modal distribution planning software with number of new processes and technologies and has made a free...
more...
On May 13 in Munich BVL held its Annual Meeting 2011. Executive ans Management Board accounted for the projects of the recent year, future plans and financial affairs.
more...

More articles of VDMA

VDW significantly upsizes production output forecast for 2010. In the third quarter of 2010, order bookings in the German machine tool industry showed a continuingly dynamic uptrend. With a plus of 11...
more...
Machine tool industry showcases machine tools and production technology from Germany for the first time. 12 prestigious German firms showcased their products, solutions and services in terms of machin...
more...
“K 2010 was held at the right point in time – it gives the up-swing phase additional impetus,” delights Ulrich Reifenhäuser, Chairman of the VDMA Plastics and Rubber Machinery Association.
more...
Ahead of the world’s largest plastics and rubber trade fair, K 2010, the VDMA Plastics and Rubber Machinery Association has raised its sales forecast for the current year from 11 to 15 per cent. “...
more...
“Demand for our machines has risen sharply in all EUROMAP countries and overall growth of 10 to 15 per cent looks set to be achieved in 2010,” said Bernhard Merki, President of EUROMAP, the Europe...
more...