ITALY - GIMAV Reports a Negative 2009; Set
to Benefit from the Potential of China and Brazil
July 15, 2010
GIMAV, the Italian association of suppliers of glass processing
machinery and accessories, has completed and presented its 2009
survey for the industry, which provides a snapshot of its structural
characteristics, manufacturing activity and export markets. The
glass processing machinery sector accounts for more than 70 percent
of sales for GIMAV. Sales by the glass processing arm
are achieved by companies working in the mechanical, chemical, plastics,
rubber and other industries.
Among Italian suppliers of glass processing machinery and accessories,
GIMAV reports that there is a strong export drive: about 75 percent
of production is for the international marketplace and that exports
have come to a standstill as a result of subdued economic activity
worldwide: after years of continued growth, 2009 ground to a halt
at 28.18 percent over the previous year.
This overall downturn has been offset however by a potential upswing
in the first part of 2010. GIMAV notes that attendance at leading
international exhibitions for the industry is obtaining encouraging
results in the countries that are driving the recovery, including
China and Brazil. In 2009, China became the third major export market
for the industry, representing double digit increases in total sales
over 2008 (+ 16.79 percent) for GIMAV member companies. The growth
continued into early 2010 with the country delivering 10 percent
GDP growth rates on average. However, GIMAV reports, very few Chinese
producers of glass processing machinery can offer complete lines:
most are able to produce only one or few types of machines, obliging
Chinese technicians to resort to a mix of machinery from different
suppliers. This is one of the major strengths of Italian companies,
which offer complete lines of high tech machinery for high quality
production, the report states. Despite Italys ups and
downs over recent years albeit with encouraging signs, it represents
5.73 percent of total imports of glass processing machinery into
GIMAV also adds that good news is coming from Brazil, which the
association says is largest buyer of Italian products in all of
Central and South America in 2009. Last year it was by far the largest
buyer, accounting for 4.95 percent of total exports by the industry,
outranking the United States, which fell to 3.76 percent due to
the crisis. The Brazilian glass industry has been experiencing a
surge in growth and glass consumption has been rising steadily,
reaching + 37 percent in 2008/2009, and is tipped for 22 percent
growth in 2010.
The signs of recovery coming from some markets in early 2010
seem to indicate a pickup in demand, says Renata Gaffo, GIMAV
director. Our companies are being called to make every effort
to tackle the worst crisis in the past 70 years. By drawing on the
very same features that determined its success in the past
an extensive, wide-ranging sales network, the ability to generate
customer loyalty, operating flexibility in response to demand, prompt
technical assistance this special Made in Italy
sector can make inroads into emerging markets and regain lost ground
on traditional ones.
HERE to read GIMAVs full report.
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