Processing machinery export markets reflect global economy


Based on statistics recently provided by the plastics and rubber machinery association within German trade group VDMA, the past 10 years have produced one significant winner in the global processing machinery market in terms of export market share gained—China—while the loss of export market share has been shared by a number of countries but felt most harshly in absolute terms in Japan.

From this chart (click to view detailed data in Excel, or see the graphic below), it is clear that the greatest gains in share of export market for processing machinery have been made by Chinese manufacturers. Losing the greatest share in absolute terms have been their peers in Japan, but this is due to Japan's position as a major processing machinery manufacturer. In fact, in percentage terms the shares dropped significantly in the U.S., Canada, Japan, and Austria. Germany's manufacturers remain the export leaders, while Italian and Taiwanese manufacturers have seen little absolute change. German processing machinery manufacturers in 2009 accounted for just under 24% of all machines purchased in 2009 in Asia, passing Japan's manufacturers for the first time in the region....
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