In the first quarter, the turnover of Italian press orders doubled

In the first quarter of 2021, the member companies of the Italian Association of Manufacturers of Plastics and Rubber Processing Machinery (AMAPLAST) achieved double-digit growth in orders and turnover compared to the same period in 2020
.

According to the quarter-end survey of member companies conducted by the MECS-AMAPLAST Statistical Research Center, sales increased by an average of 12 percentage points, which was mainly due to a 16% increase in domestic sales in Italy, most of which were mainly replacement parts, and overseas sales.
The amount also increased by nearly 10%
.

Driven by rising demand in the domestic market, the rebound in orders was also evident
.
The data shows that orders for new machinery and systems have grown by as much as 64% (likely to benefit from the Italian government's Transition Plan 4.
0 investment incentives), while accessories have also grown by as much as 29%
.
However, the growth of overseas orders was not obvious, only 8%
.
The order period for these companies is 6 months
.

Orders and turnover rebounded in the first quarter of the Italian manufacturer of plastics and rubber processing machinery
.

AMAPLAST's forecast for the second quarter is also more optimistic, especially in the international market, where demand is expected to increase by 18%, sales may increase by 52%, and the domestic market may also see this peak, although orders are expected to increase by 4%
.

In terms of applications, AMAPLAST's survey shows that the four main sectors of plastics and rubber processing machinery manufacturers - packaging, automotive, construction and medical - have a stable outlook and an upward trend, with packaging having a slight advantage in other sectors
.
Especially in the months of the outbreak, the packaging industry has maintained its strengths and continues to show favorable trends
.

It is worth noting that the entire auto industry suffered huge losses, but finally showed signs of recovery in the near term
.
The construction industry will also benefit from the strong tax incentives currently in place
.

Mario Maggiani, director of AMAPLAST, commented: "The first quarter confirmed the association's early forecasts, but this year is unlikely to return to pre-pandemic levels
.
" Maggiani said, "The market dynamics in the first half of the year have made many companies more optimistic about the future, especially hopeful International freight can be recovered safely and quickly, after all, more than 70% of the industry's production is exported
.
"