The abrupt slowdown in the world trade in instrumental mechanics

In the third quarter of 2018, global export tendential declines were generalized to all sectors of machinery and plants

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Metal industry Industrial equipment Conjuncture Global demand Check performance Export Global economic trends

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In the third quarter of 2018, the slowdown in the world trade in instrumental mechanics was noted ...

According to the pre-estimates formulated by StudiaBo (using the foreign trade declarations of about 70 countries worldwide), in the third quarter of 2018 world exports of machinery and plants for industrial processing1, after 5 consecutive quarters of growth, marked a sharp trend decline (-4% at constant prices), however, confirming the slowdown phase already taken in the previous quarter.

.. generalized to all the main sectors

In the period July-September 2018, based on the StudiaBo pre-estimates, deterioration is seen for (almost) all sectors of machinery and plants for the industry.
In particular, only Metalworking machine tools, although also slowing down, maintained a positive trend in terms of world exports (+ 2.6% Year-Over-Year at constant prices).
Conversely, Extrusion machinery (-15.4% Y-O-Y, measured at constant prices, continuing the negative dynamic already experienced in the previous quarter) and Printing machines (-16.9% Y-O-Y, which follows other quarters of weakness) they are the most penalized by the worsening of the global economic situation.

World Exports: % Year-Over-Year trends at constant prices
World Exports: Year-Over-Year % changes at constant prices World Exports: Year-Over-Year % changes at constant prices
World Exports: Year-Over-Year % changes at constant prices World Exports: Year-Over-Year % changes at constant prices
World Exports: Year-Over-Year % changes at constant prices World Exports: Year-Over-Year % changes at constant prices
World Exports: Year-Over-Year % changes at constant prices World Exports: Year-Over-Year % changes at constant prices
World Exports: Year-Over-Year % changes at constant prices World Exports: Year-Over-Year % changes at constant prices
Source: ExportPlanning.com - MarketResearch, Datamart "Conjuncture - All Countries"

Moreover, in the third quarter of the year there was a yielding trend in the world export of Machines for metal processing (down by 7.6% Year-Over-Year at constant prices), as well as Machine tools for hard materials (wood, glass, plastics), down by 6.6 percentage points (Y-O-Y at constant prices), Food machinery (-8%), Paper-making machinery (-5.3%), Textile machinery (-5.5%) and Packaging machines (-8.3%).

It is essential for mechanical SMEs to monitor the economic trends of individual markets, to better plan the 2019 commercial investments.

It is therefore evident that the international situation has undergone a sharp cooling in recent months, which has had a significant (and generalized in terms of commodity) impact on the investment cycle in machinery and plants for the industry.
In such a scenario, for the instrumental mechanics SMEs a check-up on their markets portfolio is fundamental to verify which ones are more affected by the current slowdown and which, however, appear less affected by the cooling in progress and able to offer the best prospects in 2019.

1. The sectors considered here refer to the aggregate Machinery. In particular, please refer to a description of the various products included in the analysis on the following: