Rubber and plastics machines and machinery industry 2008 - 2020
Production of rubber and plastics machinery developing less negatively, sales more positively than machinery industry
This report compares production and sales of rubber and plastics machines as well as their domestic and foreign sales with the machinery industry from 2008 to 2020 relating both to 2008 as the last year before the world economic crisis.
Update November 8th, 2021 - The production of rubber/plastics machinery as well as that of machinery industry was able to climb out of the trough of the global economic crisis by 20111.
However, from this point in time when the crisis was overcome until 2020, only negative rates of change are in store. For the nine-year period from 2011 to 2020, the production of rubber7plastic machinery shows an average annual decline of minus 0.5%.
For the machinery industry, this rate is twice as high at minus 1.0% p.a. So relative to the machinery industry, rubber/plastics machinery production has developed twice as strongly.
The development level of rubber/plastics machinery production also improved comparatively. Both were at 100 index points in 2008. In 2011, the difference between the two indices was 14.7 index points in favor of the rubber/plastic machinery sector.
In 2020, this spread has widened to 18.3 index points in favor of the sector.
Sales of rubber/plastics machinery grow four times faster than those of the machinery industry
After the crisis has been overcome in 2011, sales of rubber/plastic machinery grew by an average of 1.2% p.a. until 2020, while those of the machinery industry grew by 0.3% p.a.
The growth rate of the rubber/plastic machinery sector is thus four times higher than that of the machinery industry.
This is also reflected in the development levels. In 2011, the development level of industry sales was 14.9 index points higher than that of the mechanical engineering sector. In 2020, this difference widened further to 24.9 index points in favor of the rubber/plastic machinery sector.
Sales of rubber/plastic machinery have therefore developed significantly faster than those of the machinery industry.
Foreign sales of rubber and plastics machines growing more strongly than those of machinery industry
The distinction of sales between domestic and foreign sales reveals since 2008 that the weal and woe of this sector are determined by foreign sales.
It is developing at a highly dynamic pace from the crisis low up to 2011. Its development level is 39.5 index points higher than the foreign sales of the machinery industry. This margin widened to 44.1 index points by 2020.
Domestic sales cannot keep pace with this momentum. On the contrary, domestic sales of rubber/plastics machinery have underperformed the mechanical engineering sector since 2008.
From 2015 to 2017 domestic sales increased by 8% while foreign sales rose by 10% more strongly than those of machinery industry.
A further report compares the growth expectations to rubber and plastics machines to 2020 with those in machinery industry on the base of a market survey from Quest TechnoMarketing.
