Italian machine tool, robot, automation exports soar

At the recent annual meeting of the Italian Machine Tool Association (UCIMU PER PRODURRE), Mr. Giancarlo Losma, Chairman of the Italian Machine Tool Association, pointed out in the financial report of the Italian machine tool, robot and automation industry in 2010 that in 2010, the Italian machine tool, robot and automation industry The output value reached 4.196 billion euros, an increase of 2.5% compared to 2009; the total export value of machine tool products was 2.604 billion euros, an increase of 3% year-on-year; the consumption of machine tool products was 2.467 billion euros, an increase of 5.7% year-on-year; domestic market consumption was 1.592 billion Euro, up 1.7% year-on-year. In 2010, the Italian machine tool, robotics, and automation industries showed a strong recovery momentum. The industry output value ranked fourth in the world, and the total export value ranked third in the world, re-establishing its leading position in the world machine tool industry. According to the data of UCIMU's research department, in 2011, the output value of the Italian machine tool, robot and automation industry will reach 4.955 billion euros, a year-on-year increase of 18.1%, which will once again consolidate its recovery momentum since 2010. This optimistic forecast is mainly due to the growth of Italian machine tool product exports, which will total 3.185 billion euros in 2010, an increase of 22.3%. In 2010, China surpassed Germany to become the largest export market of Italian machine tool products, but in the first quarter of this year, the export of Italian machine tool products to the German market has grown significantly. In the first quarter of this year, the Chinese market increased by 13.8% year-on-year, while the German market increased by 115.6% year-on-year. The two major export markets of China and Germany thus occupy the same share of Italian exports, which is 13.9.%. The US market increased by 123.4%, India increased by 58.9%, Brazil, France, Turkey, Poland, Switzerland and other markets all increased to varying degrees. In the domestic market, the consumption of machine tool products in 2011 is expected to increase by 11.7%, with a total of 2.755 billion euros; the total delivery of manufacturers is 1.770 billion euros, an increase of 11.2% over the previous year. Mr. Losma also said that although the overall situation of the Italian machine tool industry has improved, machine tool manufacturers still have certain concerns due to the slow recovery of the domestic market. Weakness in the domestic market has prompted machine tool makers to step up their development in overseas markets. The Italian Machine Tool Association has also introduced a series of measures to help companies.