Promotion of Made in German Technology @ ITMA show

After two excellent years, the business climate is becoming more moderate in 2012. The incoming orders in the first quarter 2012 were clearly under the figures of 2011 but still on a satisfactory level. The German textile machinery exports reached 713 million Euro in the first quarter (minus 6 % year on year). The export of spinning machinery reached 317 million Euro (plus 2.9 %), the exports of weaving machinery amounted to 45 million Euro (minus 1.4 %) those of knitting and hosiery machinery 192 million Euro (-27.4 %). The exports of finishing machinery increased by 13.8 % to 160 million Euros.

The most important export destination was again Asia. Textile machinery worth 392 million Euroswas shipped to this region. While the exports to Asia saw a decrease of minus 17 %, other regions were catching up. The German shipments to Latin America for instance performed very well in the first quarter and increased by 63 % to 80 million Euros, yet another proof of the ever changing textile world.

VDMA Textile Machinery Association