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Home News Italian construction machinery exports see growth during 2019

Italian construction machinery exports see growth during 2019

Italian construction machinery exports have seen growth during 2019. These climbed by 1.9% during the first nine months of 2019. This data has been unveiled by SaMoTer-Prometeia Outlook, which carried out analysis of Istat data. SaMoTer-Prometeia Outlook monitors Italy's imports and exports for the construction equipment sector

by ethomas
January 15, 2020
in News
Reading Time: 1 min read
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Samoter

The Samoter exhibition is held in Verona, Italy

The survey indicates that exports in the period January-September 2019 grew to €2.24 billion, compared to €2.19 billion in the same period during 2018. This increase was associated in particular with exports of concrete machines, which grew by 15.8% for a total of €246.63 million, and aggregate preparation machinery, with exports of €422.66 million a growth of 9.9%).

Sales to India jumped by 96.5%. Sales to Europe were also healthy, with both territories seeing increased demands for earthmoving machines and road making equipment. Sales of concrete machinery also grew by around 20% in Europe and 49.2% for North Africa.

The first three quarters of 2019 also saw Italian imports of construction machinery grow significantly to €802.14 million, compared to €714.25 million in 2018, a growth of 12.3%.

The SaMoTer, the International Construction Equipment Trade Fair is scheduled 21-25 March 2020 in Verona, Italy.

Categories: Finance & Funding
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