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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Cecimo prevé un incremento de dos dígitos en la producción de 2011
The European machine tool market enters a phase of sustained growth

CECIMO provides for an increase of two-digit number in the production of 2011

Drafting Interempresas18/04/2011

April 18, 2011

The decrease in the production of machine tools in Europe hit rock bottom in 2010. The strong growth in orders indicates that industry will continue its strong recovery during the year of 2011, according to the Cecimo, the European Association of machine tool manufacturers.

In 2010, production of Cecimo reached 16,600 million euros, approximately 1% less than in 2009. The foreign sales continued to be the most important factor: almost three quarters of last year production was exported. In general, Cecimo exports remained stable in 2010, with some 12,300 million euros, which gives an idea of the position of leadership that holds the technology of Europe for the sector.

The apparent consumption of machine tools in Europe continued to decline for the second year. The size of the European market shrank another 6% regard 2009 to 9,800 million euros. Also, imports fell by 7% (EUR 5.4 billion).

"2010 hit rock bottom in the fall of the production of machine tools." "2011 will bring a double-digit growth in the European Community of the machine tools production" says Frank Brinken, President of the Economic Committee of Cecimo. "Although we have experienced very strong growth in the reserves in the last three quarters, are still very far from the peak of production in 2008." "Will take some time before that it was reflected in the production figures," he added.

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European machine tool industry must improve access to markets in growth

"The European production of machine tools in 2010 amounts to one third of world production, while last year the members of Cecimo accounted for 43%." "This shows clearly the dynamic development of the Asian markets", as emphasized Frank Brinken.

The European descent in the market share in machine tools market is evident in total export figures. For the first time, the involvement of Europe in world exports fell to less than 50% compared to 62% in 2009.

The big winners are the manufacturers of highly developed countries in Asia whose internal markets are inactive for the third consecutive year. As a result, European manufacturers see as their Asian counterparts have access to market shares foreigners through the reduction of prices.

"World machine tool market is poised to grow and it could reach a new peak in 2013, but the greatest growth is outside Europe, mainly in China and mainland Asia." The result will be an enormous challenge, not only for our industry but also for Europe as a whole. "We have to make sure the participation in this growth," stressed Frank Brinken.

Therefore, since Cecimo ask the EU to deepen its strategy for access to developing markets, such as Asians, and fight on all fronts, against anti-competitive practices that harm European exports.

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