German plastics machinery exports to the U.S. reached record levels in 2012

03/04/2013

A record year of machinery exports from Germany to North America, coupled with a double digit decline to Asia, have the U.S. plastics machinery market gaining ground on China. A new report from the VDMA Plastics and Rubber Machinery Assn. shows that German supplies of plastics and rubber machinery to North America were sharply higher in 2012, jumping 21%, with exports to Canada rising 32% and those to the U.S. climbing 20%. The delivery value of 546 million euro to the U.S. marked a new record, topping the previous peak of 499 million euro in 1999.

In contrast, German deliveries to East Asia declined 17%, falling by 16% in China, while dropping by more than a third in Korea and Taiwan. VDMA noted that exports to India were likewise down by one third. Sales to the ASEAN region were up sharply, however, jumping 44%. Thailand (+64%), Indonesia (+65%) and Malaysia (+20%) performed particularly well, according to VDMA.

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