The Status of Italy's Development of the Largest Construction Machinery Market in Europe

The output value of Italian construction machinery and related products (excavators, mini excavators, loaders, small loaders, bulldozers, etc.) will reach approximately 3.4 billion euros at the end of 2005, an increase of 10.5%. The industry seems to have successfully met the uncertainty that prevailed in the Italian economy and resisted the negative effects of industrial production. Due to the increase in demand in the domestic market and in foreign markets, the production and sales volume of the industry in 2006 and 2007 will have large growth, and are expected to reach 5.6% and 3.9% respectively.

The global demand growth of the construction machinery industry (10.6% in 2005, 8% in 2006 and 7.1% in 2007) not only promoted the production of equipment in Italy but also increased exports. In 2005, the export volume increased by 11% (about 2 billion euros). Only due to inertia will increase by an average of 7% and 6.7% respectively in the next two years. As for imports, it is expected that growth will not be too large, and the fluctuation will increase from 4.4 percentage points at present (1.1 billion euros) to 4.1 percentage points in 2006, and will increase to 4.8% in 2007.

In the first nine months of 2005, the total Italian market sales reached 17,400 units, an increase of 2.5%, and the market showed a growth trend, but afterwards, the market declined slightly (by 1.2%). It is expected that the sharp increase in sales in 2005 will tend to flatten when it reaches the highest level of growth and fluctuate between 0.4% and 1%. In the two years from 2006 to 2007 after this period of flattening, the earth-moving machinery market will create a new growth record with a growth rate of 3.7 to 5.7%.

Among the many Italian product lines, we must pay attention to: small excavators (+8.8%) and telescopic cranes (+7%) showing an upward trend while traditional machines (excavators, loaders, bulldozers and flats) There was a slight decline in the machine, and the sales of backhoe loaders (-11.7%) fell. Road machinery (pressure road machinery and vibration screed machine) decreased by 13% overall.

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