Packaging Machinery Reports a Record-Breaking 2021 with Total Sales of €8.24 billion
01 July 2022: Packaging machinery reports a record-breaking 2021 with total sales of 8.24 billionThe industry’s revenues grew by 5.5% compared to 2020, breaking the previous record set in 2019. UCIMA’s newly appointed Chairman Riccardo Cavanna commented “This was an extraordinary result, but the shortages are making themselves felt in 2022”Modena, 28 June 2022 – The Italian automatic packaging machinery sector has reported total sales revenues of 8.24 billion in 2021, an all-time high that eclipses the previous record of 8.04 billion set in 2019. The result marks a 5.5% increase on 2020 and is particularly impressive in view of the pandemic-related restrictions that were in place throughout 2021 along with the global shortage of raw materials and components that hindered production and shipments in the final months of the year.”
The survey counted a total of 633 companies with 36,351 employees, 2% more than the previous year.International marketsThe Italian manufacturers of packaging technology and solutions maintained their strong export propensity in 2021 with foreign sales of 6.46 billion, 78.4% of the total. Following the 4% decline in 2020, exports resumed growth at +6.2%. The European Union maintained its position as the largest market for Italian machinery with revenues of 2.15 billion, up 3.4% compared to 2020 and equivalent to 40.8% of total exports. Asia lost ground (-4.4%) but remained the second most important export market for Italian packaging technology with sales of 942 million, 17.8% of the sector’s total exports.
In third place was North America with an impressive 13% year-on-year growth to 828 million following the 6% increase reported in 2020. Africa and Oceania followed in fourth place with 9% of the total export turnover (473 million), overtaking non-EU Europe, while Central and South America closed the ranking in sixth place.The USA topped the ranking of individual countries with 756 million of machinery sales. This marked 13.1% growth compared to 2020 following the previous years’ increases. Next came France and Germany, which after the falls of 2020 resumed growth (+9.6% and +10.1% respectively).
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