The Italian plastics and rubber machinery, equipment and molds industry reconfirms its status as a solid sector making a significant contribution to the national economy, particularly through exports.
The analysis by Assocomaplast,the Italian Plastics and Rubber Processing Machinery and Molds Manufacturers’ Association, of ISTAT data on foreign trade in January-September 2014 highlighted growth in imports and exports with respect to the same period of 2013.
In the first nine months of 2014, exports grew 4% to €1.89 billion from €1.82 billion in 2013. Imports for the same period grew by 7%, from €423 million in 2013 to over €454 million in 2014.
Expectations for the current year, despite the rapidly shifting political framework and uncertainties in the markets, are marked by optimism, said Assocomaplast, adding that the recent moves by the ECB are inciting hopes for a resurgence also in Europe.
The association reported that over 1,200 companies have already confirmed their presence at Plast 2015,to be held in the inaugural week of Expo 2015 from May 5-9 in Milan, Italy. It represented a 3% rise compared to the same period three years ago, when the last edition of the triennial Plast was held.
“Beyond the numbers,” emphasizes Mario Maggiani, Managing Director of Promaplast, the show’s organizer. “It is important to note how foreign exhibitors continue to believe in Plast, reclaiming, if not expanding, the same spaces reserved in 2012. Plast is not only holding its ground, but gaining more, as confirmed by the increase in new exhibitors, both Italian and foreign, who have made the decision, for the first time, to exhibit at the fair. The spaces are almost all reserved, but applications continue to arrive. And of course, we can’t be anything but pleased.”