Ucima confirms growth for Italian packaging machinery sector

Latest figures from Ucima, the Italian packaging machinery manufacturers’ association,) have shown the sector has continued to grow during 2019 (up 1.8% on 2018), with upturn in local market and export trading.

According to the organisation’s research, results for equipment sales, which includes machinery for the confectionery and bakery sector, achieved a total turnover of 8 billion euros last year.

Within Italy, the market has grown by a further 3.2% to a total of €1.713 billion for 2019, partly achieved thanks to the government’s Industry 4.0 incentives. Exports, which account for 78.6% of total turnover, also rose by 1.4% to 6.293 billion euros. The available disaggregated data reveal particularly high levels of performance for exports of Italian technologies to three macro regions: Asia (+12.7%), EU (+6.5%) and Africa/Oceania (+3%).

“We are satisfied and proud of this latest achievement, which demonstrates that our industry is solid and dynamic, capable of establishing itself at a global level and fully exploiting the development of international markets and all our client sectors,” commented Enrico Aureli, chairman of UCIMA. “But there is no room for complacency as we are facing tough challenges, increasingly fierce competition and highly unstable scenarios.”

The forecasts for 2020 therefore remain cautious. Areas of concern include the continued geopolitical turbulence in a number of markets, tariffs and trade tensions at an international level, and the failure of the Italian government’s policies to adequately address companies’ growth needs.

“According to the macroeconomic forecasts, global GDP growth will continue to decelerate, and at a sectoral level order acquisition is currently less positive than in the past,” concluded Aureli. “We therefore believe that 2020 may be a year of consolidation after a period of strong and uninterrupted growth in recent years. But we remain optimistic about our sector’s medium and long term growth prospects.”

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