Enter one or more terms (minimum 5 characters)
Machinery

Exports of Italian ceramic machinery soar

Jun 07, 2006
07/06/06 - Italian ceramic technology producers confirm their position as leaders in foreign markets. Turnover reached 1,320 million euro, 74.3% of total revenues.
The Middle East, which has shown uninterrupted growth since 1999, remained the most important geographical area for exports in 2005 with sales of 289.5 million euro. Iran and Turkey continue to be the countries with the strongest demand for Italian plant and machinery.
Sales within the European Union increased from 239.3 to 282.1 million euro (+17.9%), accounting for a 21.4% share of total foreign turnover, in second place just a short way behind the Middle East.
Eastern European countries remain the third largest export market with growth in sales to 198.1 million euro (32% up on 2004).
Sales to China, Hong Kong and Taiwan continue to fall, down from 97.9 to 64.9 million euro (-33.7%). By contrast the rest of Asia has experienced 54.8% growth.
The African market showed a strong recovery, up from 86.9 million euro in 2004 to 101.5 million euro in 2005 (an increase of 16.8%).
North America, including Mexico, accounted for 103.6 million euro of exports (+10.1%).
Exports to Central and South America further increased by 29.9% to 121.2 million euro.

Did you find this article useful?

Join the CWW community to receive the most important news from the global ceramic industry every two weeks

Read more