Italian construction machine firms see resurgence

The Italian construction machinery builders association, UNACEA, reports a resurgence in demand for equipment during 2017. According to UNACEA’s latest report, the first six months of 2017 have seen 5,109 machines sold in the Italian market, an increase of 6% compared to last year. Looking more closely, sales of earthmoving machines grew 6% with 4,910 machines sold, while sales of road equipment increased by 9% with 199 machines sold.
July 25, 2017 Read time: 2 mins

The Italian construction machinery builders association, UNACEA, reports a resurgence in demand for equipment during 2017. According to UNACEA’s latest report, the first six months of 2017 have seen 5,109 machines sold in the Italian market, an increase of 6% compared to last year. Looking more closely, sales of earthmoving machines grew 6% with 4,910 machines sold, while sales of road equipment increased by 9% with 199 machines sold.

"The Italian market continue to grow, albeit at a moderate pace,” commented Paolo Venturi, president of Unacea. He added that the recovery of the building market provides a sign of an increasing confidence in the construction industry. However he cautioned that political and economic instability remains a perceived concern, both from companies and foreign investors.

According to the foreign market monitor of the 323 Samoter Outlook, the international demand for Italian earth moving machines and attachments grows; export of this sub-sector, between January and July 2017, reached €359 million, up 9% from the previous year. Exports of crushing and screening equipment grew 28%, while exports of road machineries grew 8%. Exports of tower cranes remains stable, but the trend is negative for drilling machines with a drop of 31% and also for concrete equipment with a drop of 4.6%. In addition construction machine imports grew 14.5% and this market was worth €230 million in the first seven months of the year.

Looking at regional trends, there has been a recovery of the Russian market, whose trade exchange with Italy had undergone an abrupt slowdown, due to the deterioration of the international relations with the 3287 EU. From January to July, the share of construction equipment export to Russia reached €18 million, up 47%. Same positive trend for India, which tripled its share and grew 166%. Positive too were intra EU exports, up 12%, as well as exports to Asia, Latin America and Oceania. However, exports to the USA, the Middle East and North Africa declined.

Finance & Funding

For more information on companies in this article

Related Content

  • German construction equipment industry’s sales rise 8 per cent
    February 18, 2015
    German manufacturers of construction equipment reported an 8% rise in sales, amounting to €8.4 billion. The level was higher than expected and equal to sales in 2006, according to the Construction Equipment and Building Material Machinery Association (VDMA). However, the VDMA, part of the German Engineering Federation, suggested that company profits may not have risen along with sales and tough times remain ahead. “Turnover is one thing, profit is another,” Joachim Strobel, deputy chairman of VDMA, said.
    Read More
  • Caterpillar reports strong performance for first quarter
    April 28, 2017
    Caterpillar is reporting a strong financial performance for its first quarter results for 2017. The company has revealed higher year-over-year sales and revenues for first time in 10 quarters. The first-quarter sales and revenues were up from 2016, while the firm saw an outstanding operational performance in this period. The full-year sales and revenues outlook meanwhile has been raised to a range of US$38 billion to $41 billion.
    Read More
  • Wacker Neuson posts double-digit growth despite economic slowdown
    November 10, 2023
    Wacker Neuson, a leading light and compact equipment manufacturer, remains on course for strong growth despite increasing signs of a general economic slowdown.
    Read More
  • Liebherr sees steady performance worldwide
    June 8, 2015
    The Liebherr Group has seen a steady financial performance in 2014, with turnover reaching a healthy €8.823 billion, similar to the previous financial year. The company continued to invest in developing its operations, spending €816 million in expanding and modernising its manufacturing facilities and also strengthening the sales and service organisation. The number of employees has now risen to 40,839 in total. The €8.823 billion turnover was slightly lower, 1.6%, than for the previous financial year howev
    Read More

Highlighted Content