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In 2026, global machinery and equipment turnover is expected to grow by 2% on a price-adjusted basis. Growth in Asia will remain above average. Stagnation looms in the EU-27.
How are exports to Africa and the Middle East developing? Which are the largest local markets, which product groups are most in demand and what are the most important supplier countries? In our theme publication you will find facts, figures and data on foreign trade with Africa and the Middle East from the perspective of the mechanical and plant engineering sector.
As in the previous year, demand for capital goods was weak in 2024. Machinery and equipment worth an estimated 3.26 trillion euros was sold worldwide, 1.5% less than in 2023.
Despite the slight recovery in incoming orders, the outlook for 2025 is largely sobering. There is cautious optimism for 2026, but trade, geopolitical and domestic political developments remain uncertainty factors.
The economic data from China offers little cause for optimism: domestic consumption is growing slowly. The economic recovery is taking longer than expected. In the real estate sector, there is no hope of a short-term recovery in prices.
In 2024, German machinery exports to Latin America increased by 0.8% - after three previous years of strong growth. The Chart Pack provides facts and figures on the market.
The Fluid Power Association represents almost 240 member companies with a total turnover of 8.5 billion euros and almost 40,000 employees. The export ratio is over 60 % on average.
The economic reports for 2025 on important foreign markets in the food and packaging industry, compiled exclusively for the VDMA by gtai, are now available in German and English language.
Stay successful in a volatile market: VDMA offers an interactive report on European business climate indicators. Follow the developments of your most important European target markets and customer industries at a glance and make informed decisions based on current data.
It's the same exercise every year: as part of the preparation of the management report, an overview of the overall economic development and the situation in the industry usually has to be provided.
The global mechanical and plant engineering industry reached a new record high in 2021. In euro terms, around 15% more machines were sold than in the previous year. China cracked the 1 trillion euro mark.
The Economics and Statistics department provides you with all industry-relevant economic and market information. Benefit from our expertise and use our statistics as a basis for smart business decisions.
Exclusive country reports for VDMA members to monitor developments in the automotive industry and its suppliers, provided by VDMA Plastics and Rubber Machinery Association
