According to a report released recently by the German Plastics and Rubber Machinery Association (VDMA), China has surpassed Germany for the first time in history and has become the world's largest producer of plastics and rubber machinery.
China and Germany accounted for 23.5% and 22.5% of the global plastic and rubber machinery output, followed by Italy (12.1%), the United States (6.5%) and Japan (4.1%).
China is the main export market for German plastics and rubber machinery, with exports amounting to 357 million euros, accounting for 13.5%. The next three major export destinations are the United States (258 million euros), Russia (136 million euros), and India (131 million euros).
In 2009, sales of German-made plastics and rubber machinery fell in its top 10 export markets, of which only 29.8% of sales growth in the Indian market led India to jump from 12th place in 2008 to 4th place in 2009. Big export market.
In 2009, Asia, which accounted for 36.5% of Belarus, had replaced the European Union as the largest German exporter of plastics and rubber machinery. The EU accounted for 29.6% of German plastics and rubber machinery exports, non-EU countries accounted for 12.2%, North America accounted for 10.7%, Latin America accounted for 7.2%, Africa accounted for 2.6%, and Australia/Oceania accounted for 1.2%.
Although China surpassed Germany for the first time to dominate the market value of its products, Germany is still the world’s largest exporter, with exports amounting to 10.8 billion euros, accounting for 24.4%. The proportion of China is only 9%, which shows the importance of the domestic market for Chinese manufacturers.
In terms of exports, the total volume of exports of all types of core plastics and rubber machinery decreased by 33.9% to 2.6 billion euros. Injection molding machinery exports decreased by 43.3% to 382 million euros, and extrusion machinery exports decreased by 31.5% to 446 million euros.
In 2009, the output value of German core plastics and rubber machinery fell by 31.3% to 3.8 billion euros, injection molding machinery decreased by 52.2% to 406 million euros, and the output value of extrusion machinery shrank by 28.8% to 696 million euros.
Ulrich Reifenhäuser, president of VDMA, said that the new orders for the fourth quarter of 2009 increased by 35%.
Reifenhäuser mentioned positive growth indicators in the end-user market, which is expected to eventually boost demand for plastics machinery.
VDMA said in a forecast report that it will achieve a steady sales growth of 11% in 2010 and an increase of nearly 11% in 2011. Ulrich
Reifenhäuser said: “After a sharp drop of 30% last year, this positive forecast made us more comfortable. Even though all of us know clearly, even after 11% growth, we are still better than the best-selling 2008. The year is about 25% lower."
However, VDMA Managing Director Thorsten Kühmann remained cautious, reminding him to be alert to the vulnerability of financial markets during the crisis and the risk of overheating in emerging market economies, especially China and India.
Kühmann believes that due to the rising prices of oil, energy and raw materials, the growth trend may be curbed. He added that it is still unclear as to what extent the short-term economic stimulus plans in various countries can provide support for the current growth momentum.
VDMA, headquartered in Frankfurt, Germany, announced the performance of the German plastics and rubber machinery industry in 2009 at its annual meeting in Mainz, Germany on May 27.
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