German plastics and rubber machinery manufacturers expect sales to increase by 2 per cent in real terms in the current year with a further 2 per cent rise anticipated for 2017. "Back in October 2015 the Association’s forecast pointed to sales in 2016 remaining broadly unchanged from the very promising level seen in 2015," explained Ulrich Reifenhäuser, the Chairman of the Association. In 2015 output was up by 4.7 per cent and exports were 1.6 per cent higher. "But business then picked up markedly, prompting the positive forecast for 2016," Ulrich Reifenhäuser went on to say.
“Business with EU customers continues to develop well, as it did last year, and North America is gaining momentum again. Germany’s top quality machinery and ability to find solutions are in particularly great demand on these markets,” commented Thorsten Kühmann, the Association’s Managing Director. “India has bottomed out and there are also positive signs in all the countries of South East Asia,” added Thorsten Kühmann. “The US tops the sales market rankings, followed by China, Poland and Mexico. Deliveries to Russia were down by a further 15 per cent, but this year may mark the low point.” In the light of this, it is anticipated that sales to customers abroad will probably grow by 1 per cent both this year and next.