European construction machine exports fell 15.8% between January 1 and May 31 2013 to €11.049 billion from €13.096 billion over the same period of 2012, according to new CECE (Committee for European Construction Equipment) figures supplied to World Highways. Germany was the biggest Europe-based export market for European construction machines importing €1.107 billion worth of machinery – down 14.1% on €1.288 billion over the same period the previous year. France was the second biggest Europe export market i
Despite record attendance at the bauma exhibition in Germany earlier this year, equipment sales are of concern for European manufacturers
European construction machine exports fell 15.8% between January 1 and May 31 2013 to €11.049 billion from €13.096 billion over the same period of 2012, according to new CECE (2440 Committee for European Construction Equipment) figures supplied to 3260 World Highways. Germany was the biggest Europe-based export market for European construction machines importing €1.107 billion worth of machinery – down 14.1% on €1.288 billion over the same period the previous year. France was the second biggest Europe export market importing €832.51 million of construction machines over the first five months of 2013, a fall of 14.8% on €977.14 million in 2012. Exports into the UK fell less sharply (-3.8%) to €449.48 million from €467.28 million.
Other key export nations for European construction machines were the USA, importers of €1.08 billion worth of equipment – down 23.4% on €1.42 billion worth of machines imported in the 2012 recording period. Russia imported €792.55 million of European construction machines, compared to €931.15 million between January 1 and May 31 2012. Australian imports of European exported construction machines were worth €343.73 million – down 41.2% on the €584.32 million of machines the previous year. Finally, European exports to China were worth €228.08 million January 1 to May 31 2013 – a fall of 28.1% on the €317.02 million worth of machines exported in the first five months of 2012.
The 15.8% fall in European exported construction machines comes after last week’s figures released by the1100 Association of Equipment Manufacturers (AEM) revealed that U.S. construction machinery exports dropped 21% during the first half of 2013, with €8.073 billion (US$10.8 billion) shipped to global markets compared to €10.241 billion ($13.7 billion) in H1 2012. The AEM report that nearly all world regions recorded double-digit declines, except Central America with a double-digit gain. Construction machinery exports to Europe in H1 2013, compared to H1 2012, declined 20% to a total €1.046 billion ($1.4 billion).
Other key export nations for European construction machines were the USA, importers of €1.08 billion worth of equipment – down 23.4% on €1.42 billion worth of machines imported in the 2012 recording period. Russia imported €792.55 million of European construction machines, compared to €931.15 million between January 1 and May 31 2012. Australian imports of European exported construction machines were worth €343.73 million – down 41.2% on the €584.32 million of machines the previous year. Finally, European exports to China were worth €228.08 million January 1 to May 31 2013 – a fall of 28.1% on the €317.02 million worth of machines exported in the first five months of 2012.
The 15.8% fall in European exported construction machines comes after last week’s figures released by the
