Italy seeing growth in construction machine sales

The Italian manufacturers of construction machines are seeing positive developments in market demand for off highway equipment. In 2015, construction equipment sales in the Italian market increased by 34% to 9,138 units, compared to the previous year. The sales results show that 8,813 earthmoving machines were sold, a growth of 32%, while 325 road machines were sold, a growth of 180%.
Finance & Funding / February 3, 2016
The Italian manufacturers of construction machines are seeing positive developments in market demand for off highway equipment. In 2015, construction equipment sales in the Italian market increased by 34% to 9,138 units, compared to the previous year. The sales results show that 8,813 earthmoving machines were sold, a growth of 32%, while 325 road machines were sold, a growth of 180%. According to the data of the Italian institute for Statistics (Istat) processed by Prometeia for the Samoter Outlook, exports grew by 7%, although this was a lower rate of growth than seen in the previous year. Exports of drilling equipment increased by 22%, exports of tower cranes grew 21%, exports of road machines climbed 18% and exports of earthmoving machines grew by 8%. However, decreases were seen in export of crushing and screening equipment falling 4% and for concrete equipment, also falling by 4%. Imports of construction machines grew by 15%. Meanwhile the industry trade balance is positive at over €1.538 billion and has seen growth of 4.5%.

"After the darkest years of the crisis, Italy seems to have taken the right path of a gradual recovery,” said Paolo Venturi, president of Italian construction equipoment manufacturing association Unacea. He continued, “Two consecutive years in growth can only be a good result for the industry; however, to fully understand the trend, it must be remembered that this is a more than moderate growth in absolute terms, because it came after six years of heavy losses that have reduced the domestic market by 80%. This is why we continue to believe that the recovery has to be promoted and supported, especially in such a period of strong financial instability."
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