With outcomes in some cases exceeding the forecast year-end results, the Italian industry of plastics and rubber processing machinery, equipment, and moulds closed the year 2021 with double-digit growth in production (+14%, with value exceeding pre-pandemic level) and equally encouraging results in foreign trade.
According to data from the Mecs-Amaplast Statistical Studies Centre (the national trade association in Confindustria) combined with Istat data, the strongly positive final balance was driven in particular by excellent performance in the domestic market, close to +30% over 2020.
The share of exports is in line with previous years and close to 70% of production. Foreign sales also recorded a significant rebound (+9%) while not making it past the peak of 3 billion euros, which was abundantly exceeded in the three years preceding the crisis.
Italian market of machinery, equipment and moulds for plastics and rubber
(million euros)
2020
2021
∆% 2021/2020
Production
3,900
4,450
14.1
Export
2,730
2,980
9.2
Import
770
1,050
36.4
Domestic market
1,940
2,520
29.9
Trade balance
+1,960
+1,930
-1.5
The main destination region is Europe, albeit with a slight decrease with respect to 2020. On the other hand, Italian companies in the sector benefited from transatlantic sales, a significant portion in North America, where the strongly growing US economy expressed healthy demand, albeit with some contradictions. In parallel, strong increases in supply to priority markets such as China and India have strengthened the importance of the Asian continent.
Destination areas of the Italian plastics and rubber machinery,
equipment and moulds exports (%)
2020
2021
Europe (UE)
58.6 (45.3)
57.4 (44.8)
North America/USMCA
14.5
16.8
Asia/Oceania
16.5
15.8
Africa
5.5
5.1
Central/South America
4.9
4.9
Top ten destination countries of the Italian plastics and rubber machinery,
equipment and moulds exports (000 euros - 2021 ranking)
Countries
2020
% out
of total
Countries
2021
% out
of total
∆ % 21/20
Germany
343,723
12.6
Germany
376,484
12.6
9.5
United States
269,788
9.9
United States
359,032
12.1
33.1
China
143,938
5.3
China
160,565
5.4
11.5
France
151,250
5.5
France
157,107
5.3
3.9
Poland
153,010
5.6
Poland
134,876
4.5
-11.8