Metalworking METAV Exhibitors Optimistic despite Decline in Visitors
This year’s biennial METAV metalworking fair showed current demand for capital goods is so strong that it lowered the number of people walking the halls, said the organizer of the exhibition, the German machine tool builders’ association VDW.
Despite weaker overall numbers, more visitors pushed through turnstiles on Saturday this year than on that day of the week in 2010, Sylke Becker, VDW spokeswoman, told ETMM. Because of full order books, “they didn’t have time to come during the week,” she explained.
The show’s relative success comes at a time when major economic concerns continue to plague Europe and further foment uncertainty among manufacturers. “The message METAV sent was very important,” VDW executive director Wilfried Schäfer said. “As the first major metal-processing trade fair in the current year, it demonstrated impressively in an uncertain political environment that industry is optimistic and that the sectors supplied continue to be keen to invest.”
The VDW said that the some 700 exhibitors from 26 countries unanimously confirmed a bright outlook for the sector. The association also noted that orders placed with the German machine tool industry, which increased again in January this year, reflect the rosy sentiment.
According to the VDW, more than 40,000 trade visitors from over 30 countries came to Düsseldorf over the five days of the fair. Schäfer lauded the numbers. “This is a good performance in view of full order books and very high capacity utilization in the sectors supplied.” The total number of visitors fell short of the nearly 45,000 who attended the previous METAV.
The VDW said that the industry’s strong willingness to invest was mentioned frequently in the reports about the fair received from exhibitors. About 45% of visitors said they were from middle or top management, had decision-making authority and planned to place orders at METAV, the organizer reported, noting that about one-fifth of the decision makers placed orders directly at the fair or intended to do so afterwards. According to the VDW, Gisbert Krause, director of the biggest METAV exhibitor, Cologne-based Hommel, said that “our machine sales at METAV were at the same level as before the crisis.”
More than 40% of visitors were planning specific investments, VDW said. Their investment projects emphasized the following areas: machine tools, CAD/CAM systems, measuring instruments and test equipment, and precision tools. The investment volume range was quoted at €50,000 to €500,000.
For further information: