The Scarce Components Availability and the Materials Prices Threaten the Italian Market Recovery: The Last Analysis From UNACEA

In the first 9 months of 2021, 14,141 construction machines were placed on the Italian market, up 41% compared to the same period of 2020. In more detail, 13,583 earthmoving machines (+41%) and 558 road machines (+34%) were sold.

Courtesy of: UNACEA

“The market is going well – said Mirco Risi, President of Unacea. However, the recovery risks being choked by the scarce availability of components and by the increasing prices of raw materials and logistics”.

International trade in the sector is positive as well, as shown by the latest Foreign Trade Report Unacea-CER. Indeed, in the first 7 months of 2021 Italian exports of construction equipment reached the value of €1,663 million, up 26%. Also the import dynamic remains expansive, recording a 43% increase over the same period of 2020 and exceeding the value of €800 million. Finally, the trade balance remains in surplus of over €853 milion (+12%). Finally, Unacea has recently released to member companies the updating of the Economic Forecast Report Unacea-CER, which estimates for the international market of construction equipment a growth up to 25% in 2021.

Source: UNACEA

Newsroom of HeavyQuip Magazine
Newsroom of HeavyQuip Magazine
HQM is the digital magazine focused on Construction, Earthmoving, Lifting, Mining, Heavy-duty Farm equipment for the global market