Conveyor and machinery industry 2008 - 2022

Sales in conveyor growing twice more strongly than in machinery industry

Which differences do the development of production and sales indicate in the conveyor indicates compared to the machinery industry in the years from 2008 to 2022?

June 19, 2023 - Production in conveyor and machinery industry stagnated synchronously in the years from 2008 to 2022.

With an average of -0.5% per year in conveyor and -0.6% per year in machinery industry, both areas are on the spot. Since 2020, the production level has even been below the pre-crisis year of 2008.

Sales in conveyor twice as strong as in machinery industry

At +2.4% per year, sales in conveyor grow twice as fast as those in the machinery industry at 1.2% per year in the period from 2008 to 2022.

Domestic sales of conveyor grow, those of machinery industry stagnate

Domestic sales in the conveyor are growing at +1.9% per year, while those in the machinery industry are stagnating at -0.1% per year from 2008 to 2022.

At 2.4% p.a., foreign sales in the conveyor grow at a similar rate to that of the machinery industry, which increase by 2.1% p.a. between 2008 and 2022.