Italian construction machine sales slump in 2020

Italian construction machine sales have slumped in 2020.
By MJ Woof November 2, 2020 Read time: 1 min
Manufacturers report that Italian construction machinery sales in 2020 have been lower than for 2019 – image © courtesy of Mike Woof
Construction machinery sales in Italy have dropped for the first nine months of 2020 compared with the same period in 2019. The data has been compiled by the Italian construction machinery manufacturing association, UNACEA, which has received sales information from its members.

During the first nine months of 2020 there were 10,048 construction machines sold in the Italian market, a fall of 7% compared to the same period of 2019. The earthmoving machines sold in the first nine months of 2020 reached 9,631 units, a drop of 8% from the same period in 2019. Meanwhile, there were 417 road machines sold in this period, an increase of 2% compared with the first nine months of 2019.

On a positive note however, there has been a recovery for machinery sales in the third quarter of 2020. Between July and September 2020, there were 4,133 construction machines sold in Italy, an increase of 20% compared to the third quarter of 2019. 

“The third quarter recovers in some way the loss of sales experienced during the lockdown in spring,” said Mirco Risi, Unacea president. “However, uncertainty remains high.” He added that there is a need for investment in infrastructure in Italy to maintain and improve many capital assets that have been neglected for too long.
 
Earthmoving & soil compaction

For more information on companies in this article

Related Content

  • 'Growth opportunities worldwide' for construction machines
    March 19, 2012
    Wirtgen brothers Jürgen and Stefan discussed growth opportunities. Jürgen Wirtgen and Stefan Wirtgen are joint presidents of the Wirtgen Group and see business levels continuing to improve. Stefan said, “Generally speaking we are surprised with the growth levels, especially in the BRIC countries. It is giving us quite a big boost and is allowing us to grow. We are more than happy with 2011 so far as the order books are full and we didn’t expect this.”
    Read More
  • CEA: UK equipment sales show modest growth in 2018
    February 26, 2019
    Retail sales of construction and earthmoving equipment in the UK market grew by 2% in 2018, despite a drop in the last quarter. Prior to the 8% reduction in sales in Q4 (compared with Q4 2017), the trend over the previous two years had been to show steady, but slowing growth each quarter (see graph). Retail sales in the UK market reached nearly 31,000 units, according to the Construction
    Read More
  • DEUTZ sees “encouraging” rise in net income for Q3
    November 14, 2016
    German engine manufacturer DEUTZ said it had a “very encouraging increase” in operating profit for the first three quarters of 2016. EBIT – earnings before interest and tax – stood at €19.7 million, significantly higher than the figure for the prior-year period of €10.6 million. DEUTZ said that this was due, in particular, to a decrease in depreciation and amortisation. Consequently, the EBIT margin almost doubled to reach 2.1%. Net income for the first nine months of 2016 was €18.8 million, compa
    Read More
  • Volvo CE is looking to the future for construction machines
    September 12, 2018
    Volvo CE is taking bold steps in developing technologies for the future of construction machines – Mike Woof writes Volvo CE is making serious innovations in construction machine technology, developing equipment that is smarter, safer, cleaner and more fuel-efficient. This innovation comes from a position of strength and from a financial perspective, Volvo CE is performing well. CEO Melker Jernberg said, “When it comes to performance we need to be good economically. We saw growth for 2018 in all region
    Read More

Highlighted Content