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. 

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