Latest news

Thermo process technology - what will it look like tomorrow?


Published: - 05/07/2019 Author: Vood, Sales Dep.
Thermo process technology - what will it look like tomorrow?

Slow growth in world trade compared with previous year
Current estimates of world trade in thermo process equipment made by the specialist German association VDMA indicate slight growth of about 3% for 2018, with a total trading volume of about €9.3 billion (provisional data). Among the major supplier countries, Japan recorded the highest growth, at slightly more than 30%, to an export volume of €608 million. Deliveries from Italy were slightly above the previous year’s figure at almost €1.3 billion. Exports from the USA stagnated at a volume of €809 million.

2018 – good business in Germany with a further slight increase in exports
Thanks to the boost provided by favourable conditions in the world economy, German thermo process equipment manufacturers experienced two years of growth in succession. While sales grew by 11% nominally in 2017, there was further significant growth of 33% in 2018. Last year, orders received were up by 8% on 2017. Production of thermo process equipment in Germany grew by 16% in 2018 to over €2.3 billion (provisional data), the second highest value after the result for 2011.
Against the backdrop of a positive mood in the domestic market, exports of thermo process equipment from Germany were slightly above the previous year’s figure (+4%) at a level of more than €1.8 billion. The sales indices of the sector also indicated a nominal increase of 52% in Germany.
China remains the largest market for thermo process equipment from Germany.
German exports to China reached a new five-year high last year, with growth of almost 13% (€286 million). In contrast, deliveries from Germany to the USA fell for the second year in succession (-17%) – even though the USA remained the second-largest customer country, at €133 million, followed by Italy, with a volume of €90 million, where equipment sales by the sector grew by 10%t. Exports to Russia fell in 2018 compared with the previous year (-26%). This was also the case in Turkey (-23%) and Mexico (-24%). In contrast, the sector reported significant growth in exports to Brazil (+50%), India (+38%), Canada (+129%) and Spain (+70%).


Sector expects sales to stagnate at a high level in 2019

VDMA organized a survey with participants from the thermo process technology industry. On the basis of the current situation, it is expected that the overall trend towards stagnation will be reinforced in 2019.

Source: https://metallurgy.vdma.org/
Photo: Messe Düsseldorf/ctillmann 



Read all the news

Read all the news

More than 10,000 news available in 6 languages

   

Testimonials

Alberto Gabika, Heroslam - Spain: "Expometals is a great marketing partner for us. The staff is proactive and helpful and the exposure of our brand has improved since we started to work with them."

René Branders, FIB Belgium s.a. - Belgium: “We have been online for a few years and are very satisfied with Expometals. The Google ranking from their website is excellent. The platform is simple to manage and efficient!”

Pietro Tocchetti, Cometo S.n.c. - Italy: “We received several requests for quotation through the portal, and more than one brought to a successful conclusion.”

Cristian Saraceno, Tramev S.r.l. - Italy: “For a company pursuing internationalization, Expometals is an effective tool, as it allows to increase the visibility in the whole world.”

Follow us on




Compatible with

Numbers in real time

231,126 annual visits
12,653 news since 2002
70,706 e-mail records
7,659 companies
350 online exhibitors
3,934 products

Contact us

Headquarters
via Manzoni 75 - 23868 Valmadrera (LC) Italy
Tel.: +39 0341 580139
Mobile: +39 349 8385199
Skype: expometals
E-mail: staff@expometals.net