Italian manufacturers note machine sales increase

Italian equipment manufacturers report encouraging signs in terms of sales. This follows a six year slump that saw the domestic market fall 80%, although exports continue to dominate turnover. The Foreign Trade Monitor of Construction Equipment Outlook by the equipment organisations Unacea and Prometeia indicates that exports of construction machinery in January 2014 were worth €160 million, posting an increase of 21.6% compared to the previous year. At the end of 2013 sales had dropped 3% compared with the
May 13, 2014 Read time: 2 mins
Italian equipment manufacturers report encouraging signs in terms of sales. This follows a six year slump that saw the domestic market fall 80%, although exports continue to dominate turnover. The Foreign Trade Monitor of Construction Equipment Outlook by the equipment organisations 2539 Unacea and Prometeia indicates that exports of construction machinery in January 2014 were worth €160 million, posting an increase of 21.6% compared to the previous year. At the end of 2013 sales had dropped 3% compared with the previous year but the sales growth in January was driven by improved exports to Western Europe which grew 14.5%, to Eastern Europe and Turkey which grew a healthy 71.9%, and into Asia which jumped 57.9%. Exports to Africa rose 8.1% and grew 5.6% to North America and were also positive.

The Italian market is also improving and the first three months of 2014 saw sales on the domestic market of 1,352 construction machines. The data comes from the Italian equipment manufacturer Unacea, which shows sales to have increased 20% compared to the same period in 2013. 

For more information on companies in this article

Related Content

  • Changing face of global construction industry
    February 28, 2012
    David CA Phillips reports on the changing structure of the global construction equipment industry. In 2007, the year of peak historical demand and before the onset of the international financial crisis, estimated total sales of key equipment types stood at just over 1,000,000 units, valued at approximately US$100 billion. By 2009 sales had fallen to around 600,000 units valued at around $65 billion. The consequences of the global financial recession were dramatic and immediate, and remain with us today, and
    Read More
  • Liebherr sets new record for financial results
    April 7, 2020
    Liebherr has set a new record for its financial results in 2019.
    Read More
  • Liebherr bullish with strong financial results
    April 26, 2017
    The Liebherr Group reports strong financial results for 2016, with a turnover of €9.01 billion. The firm managed to achieve this performance in a difficult market environment, the third-highest turnover in the group's history. Compared to the record year of 2015, this represents a decrease of €228 million or 2.5% however. The firm says that there were marked differences in business performance in the individual sales regions. In Western Europe, Liebherr's most important sales region, turnover increased. Thi
    Read More
  • Liebherr achieves record turnover in 2012
    April 10, 2013
    The Liebherr Group achieved its highest turnover in its history in 2012. Turnover climbed over than 9% to €9.1 billion, while the company invested a total of €840 million in its operations. The 2012 business year progressed well for the Liebherr Group. Although the reduced dynamism of the world economy had a noticeable effect on orders received in the final months of the year, this no longer influenced turnover significantly. The Group increased its total turnover in the past business year by more than €760
    Read More

Highlighted Content