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UCIMU: 2011 Good for Italian Industry; 2012 to Be Slower

Editor: Douglas Sellers

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Last year ended positively for the Italian machine tool, robot and automation manufacturers’ industry, which recorded a two-figure increase in all main economic indicators, according to UCIMU-Sistemi per Produrre,: the industry trade association. The recovery begun in 2010 was consolidated, but the positive trend may fade in 2012.

Preliminary data from the Studies Department of UCIMU-Sistemi per Produrre show that, in 2011, Italian production in the sector grew to €5,019 million, an increase of 19.6% over 2010. Exports, by growing 29.3%, drove this performance. Germany and China were neck and neck in providing the top outlet markets. To reach this outcome, sales to German customers increased considerably, whereas exports to China shrank a small amount.

The trend in the domestic market was different: home consumption, though increasing 11.9%, stood at just €2,761 million, with deliveries from Italian production equipment manufacturers amounting to no more than €1,652 million of this.

Estimates for 2012, although positive, reveal an expectation of slowed growth in the sector owing to the still unstable international framework. Production output is forecast to reach €5,190 million, an increase of 3.4%. The UCIMU experts see exports growing by 4.8% this year, but think the domestic market will slow down. Thus, because of the weakness of domestic demand, Italian manufacturers will intensify their efforts to sell overseas.

These and additional statistics compiled by the Studies Department were presented at the year-end press conference of UCIMU-Sistemi per Produrre, in which the association’s president, Giancarlo Losma, and the general director of the association, Alfredo Mariotti, took part.

Losma took advantage of the occasion to point out that the positive trend in export sales will reward those machine tool and other equipment manufacturers who invest in internationalization.

“In this regard,” Losma said, “we express our great satisfaction with the decision of the new government to restore ICE [the Italian Institute for Foreign Trade]. After the closure of the Institute, the association, together with numerous other representatives, repeatedly showed its disapproval of a decision considered short-sighted and therefore dangerous. The reestablishment of the agency is without any doubt one of the best measures included in the Manovra Salva Italia (Saving Italy Manoeuvre) recently passed, because it is the most suitable tool for supporting companies in the activity of internationalization.”

For further information::

UCIMU-Sistemi per Produrre Cinisello Balsamo (MI), Italy www.ucimu.it Tel. +39 02 262551 Fax +39 02 26255811