• News
  • eNews
  • Connections
  • Specials
  • Videos
  • Events
  • Event Calendar
Amaplast expects production up 11.5% for 2021
Source:Adsale Plastics Network    Editor:JK    Date:07.Dec.2021

The full-year forecast developed by MECS-Amaplast statistical studies centre shows double-digit growth in 2021 for the Italian plastics and rubber processing machinery, equipment, and molds industry.

 

“According to our estimates,” stated Dario Previero, Amaplast President. “At the close of 2021, production should be a hair’s breadth from pre-pandemic levels, reaching €4.35 billion and an impressive +11.5% with respect to 2020.”

 

The primary driver of recovery in the sector in Italy is the domestic market, which is forecast to close the year with growth of nearly fifteen points and a value of €1.35 billion. On the basis of the most recent economic survey of the first nine months of the current year, the surge in orders from Italian customers mainly regards machinery and complete processing lines.


1.jpg


Exports are also playing a decisive role and are expected to return to a value on the order of €3 billion, giving a boost to the balance of trade. 8 of the top 10 Italian export destination countries, collectively absorbing nearly 60% of the total, show strong growth in demand, with +17% from Poland and +83% from China.

 

Orders received in the first three quarters of the year, both from Italian and foreign customers, cover production for the next six months and mainly regard machinery. The replacement parts segment, while in the positive range, appears somewhat less dynamic.

 

As regards applications, Amaplast stated that it is not surprising to see the highest and most sustained demand for technology from the packaging and medical sectors, while construction and automotive travel at more moderate speeds.

 

“Naturally,” added Dario Previero. “Various factors of instability that arose and worsened over the past year - from raw materials costs to difficulty in procuring components, from an increase in energy and transport costs to restrictions on personal mobility - are still unresolved and continue to be sources of concern for companies.”

 

However, Amaplast believes that with the clear recovery recorded in 2021 - with the first signs of an upswing already observed in the last months of 2020 - it is reasonable to expect performance beyond pre-crisis levels already for next year.

Like

0

Tags

Leave A Comment

Submit

All Comments

Articles You'll Like
Hot Pictures