European construction machine exports down 15.8% Jan 1-May 31 2013

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
August 28, 2013
bauma exhibition in Germany
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 the 1100 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).
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