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

  • Plans in hand for bauma 2016 exhibition, with positive market outlook
    May 18, 2015
    The organisers of the bauma exhibition in Germany predict a positive future for the construction market in 2016. Large increases are expected in the North American market while there are also pPositive trends in the Near and Middle East. Last year North America and Europe were the most dynamic construction machinery markets in the world according to data from the bauma organisers. Some market experts believe that this trend could continue in 2015. This is one of the reasons why the market in construction
    Read More
  • JCB reports strong performance despite tough market
    May 12, 2014
    UK equipment manufacturer JCB is bullish and reports strong sales, despite difficult trading conditions. The company claims that its sales for 2013 are the third highest it has achieved, since the firm was established 68 years ago. Earnings stood at €383.7 million on an EBITDA basis, compared with €447.4 million for 2012. Meanwhile turnover reached €3.28 billion, close to the €3.31 billion achieved for 2012 and machine unit sales stood hit 66,227, compared with 69,250 for the previous year. JCB Chairman Lor
    Read More
  • Volvo CE’s upbeat market view
    April 4, 2014
    Volvo Construction Equipment is posting optimistic financial results that show an increase in deliveries in the fourth quarter of 2013. The firm reports deliveries climbing by 9% as global markets show signs of improvement. A slowly recovering global market helped Volvo Construction Equipment round off 2013 with sales up 3% in the fourth quarter and improved market share, especially in compact equipment.
    Read More
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
    Read More

Highlighted Content