Good Performance By Italian Construction Machinery Continues On Foreign Markets

SaMoTer
The second two-month period of 2018 again confirmed the favourable moment for the Italian construction machinery industry on international markets. From January to April 2018, exports of vehicles and site & construction equipment were worth 973.3 million euros, an increase of 13.5% over the same period in the previous year. This result was announced by the Samoter Observatory, the Veronafiere event dedicated to construction machinery scheduled 21-25 March 2020.

Analysis of the second two-month period - implemented in collaboration with research company Prometeia and Unacea, the national association of construction machinery and equipment manufacturers - indicates generalized development for Italian exports in all the various reference categories: earth moving (+19%), road-building (+17.6%), concrete (+7.1%) and aggregates (+3.8%), drilling systems (+10.8%) and tower cranes (+14.5%).

Outlet markets highlight double-edged trends. Historical markets such as Western Europe (+11.4%), Eastern Europe and Turkey (+18.7%), Russia (+39.4%), North America (+37.8%), Middle East (+18.9%), China (+39.6%), India (+22.7%) and Oceania (+10.5%) performed well. On the other hand, "emerging" geographical areas, such as Central and Southern America (-31.3%) and North Africa (-16.9%), posted a downturn.

In the second two-month period of the year, the recovery on the domestic market was also consolidated in the construction machinery sector, thanks to imports posting turnover of 300 million, with an increase of 22.2%.

This is a general expansion cycle that should continue to achieve two-figure growth rates through to 2020, according to Samoter Observatory forecasts. Going into more detail, the increase in domestic demand in Italy focuses on earth moving machinery (+9.3%), preparation of concrete (+87.2%) and aggregates (+24.8%), drilling systems (+422%) and tower cranes (+49.5%). The only negative note comes from the road-building sector, with a setback for imported machinery of 6%.

Imports grew from traditional reference areas including supplier countries such as Western Europe (+11.4%), North America (+66.1%) and Asia (+32.8%).

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