Rubber and plastics machines and machinery industry 2008 - 2022
Rubber and plastics machinery developing above average compared to 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 2022 relating both to 2008 as the last year before the world economic crisis.
Update June 20th, 2023 - Rubber/plastics machinery production grows slightly at 1.0% per year over the fourteen years from 2008 to 2022, while machinery production declines at an average annual rate of 0.6% over this period.
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 2022, this spread widened to almost 24 index points in favor of the sector.
Sales of rubber/plastics machinery grow almost three times faster than those of the machinery industry
From 2008 to 2022 sales of rubber/plastic machinery grow by an average of 3.2% p.a., those of the machinery industry by 1.2% p.a.
The growth rate of the rubber/plastic machinery sector is thus almost three 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 machinery industry. In 2022, this difference widened further to 38.5 index points in favor of the rubber/plastic machinery sector.
Therefore sales of rubber/plastic machinery developed clearly above average compared to 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 doubled to 81.6 index points by 2022.
Domestic sales cannot keep pace with this momentum. On the contrary, domestic sales of rubber/plastics machinery decreased by -2.7% per year clearly more strongly than that of the machinery industry with -0.1% per year.