Italian equipment association UNACEA is optimistic for the Chinese market

The Italian pavilion at bauma China 2014 has been organised jointly by Monacofiere and UNACEA and shows how Italian firms are keen to grow sales in China. The Chinese market for construction equipment is not strong at present however, compared with the peak achieved in 2011. According to Off-Highway Research, the Chinese market for construction machines was worth some €17.4 billion in 2013. However the outlook for 2014 is negative and expected to have dropped 14% by the end of the year to som
January 6, 2017 Read time: 2 mins
The Italian pavilion at bauma China 2014 has been organised jointly by Monacofiere and 2539 UNACEA and shows how Italian firms are keen to grow sales in China.

The Chinese market for construction equipment is not strong at present however, compared with the peak achieved in 2011. According to 2444 Off-Highway Research, the Chinese market for construction machines was worth some €17.4 billion in 2013. However the outlook for 2014 is negative and expected to have dropped 14% by the end of the year to some €15 billion. A more optimistic outlook is envisaged for 2015 though, with demand anticipated to grow 5% to some €15.8 billion by the end of the year.

In the first eight months of 2014, Italian exports of construction equipment to China have topped €35 million, an increase of 62% from the previous year. Of note is that sales of earthmoving machines grew 104%, as these had been deeply affected previously. Exports of crushing and screening equipment grew 62%, while overseas sales of drilling equipment grew 70%. Positive results were achieved also in the road machinery sector which grew 48%, while exports of tower cranes increased by 33%. Finally, exports of concrete equipment, although 10% up compared with the previous year, are still at a very low level.

For more information on companies in this article

Related Content

  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • Good 2022 start for Italian machinery sector
    June 6, 2022
    The surge in performance indicates possible sales for the full year of around €418.5 million, according to SaMoTer-Veronafiere.
    Read More
  • Italy's construction equipment sales fall
    May 4, 2012
    Italy’s construction equipment manufacturer’s association says that 2010 was a tough year for its members. During 2010 equipment sales in Italy dropped 5.3% from 2009, itself a bad year. This data comes from a survey by research specialist Cribis D&B, which investigated the sector for Unacea. The Italian construction equipment manufacturers say that machine sales were worth some €2.3 million in the period, a drop of 47% compared to the peak year 2008. As regards the different sub-sectors, earthmoving machin
    Read More
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
    Read More

Highlighted Content