11/18/2010

www.plasticker.de

VDMA: The Middle East an Important Market for Plastics and Rubber Machines

In 2009 German exports of plastics and rubber machines to the six countries of the Gulf Cooperation Council (GCC) reached a value of 110 Mio. Euro. Compared to the previous year, they went down by 32.7 %. The decline in export volume is a consequence of the worldwide economic crisis in 2009.

The highest share in these shipments at nearly 60 % is still held by Saudi Arabia; the decline in 2009 was below the Gulf Corporation Council (GCC) average. Ranking second in the list of most important destinations among the Gulf countries are the United Arab Emirates. Strong growth rates, though still at a low level, were registered for exports to Bahrain.

In the current period (January through August 2010 compared to the same period in 2009) an improvement becomes apparent in most all of the customer countries in this region - the United Arab Emirates being the exception. The negative figures of German exports to Saudi Arabia, Qatar and Oman have become smaller while deliveries to Bahrain and Kuwait show positive results again.

Worldwide exports of plastics and rubber machines to the Gulf Cooperation Council countries went down by 23.7 % in 2009. In all countries under consideration, German machinery manufacturers hold shares from 14.2% in Kuwait, 30.7% in Saudi Arabia up to 42.2% in Qatar.

In four out of six GCC countries German machinery manufacturers are Number One suppliers for local plastics and rubber processors, in Oman they rank second behind Italy, and in Kuwait third behind Chinese and Italian machinery exporters.

German Pavilion at ARABPLAST 2011 (8-11. January 2011 in Dubai) : 50 exhibitors on 964 m²