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Diecasting and low pressure diecasting machines 2021 world trade stagnation

In the course of 2021, world exports of diecasting and low pressure diecasting machines* stagnated at a low level, having slumped by over 25 per cent in the previous year due to the pandemic, reports CEMAFON, the European Foundry Equipment Suppliers Association. According to preliminary estimates, these amounted to a total value of €675 million.** The development of exports from the CEMAFON countries also follows this pattern. The average value remained at a comparatively low €251 million. Last year, among the ten most important supplier countries, only China recorded growth. Exports from the country increased by almost 17 per cent to €146 million. Exports from Japan, Italy, Germany and Switzerland, on the other hand, remained at the previous year’s level. US exports declined for the second time in a row (minus 34 per cent). Japan, however, remains the world’s largest exporter in 2021 with exports worth just under €157 million.

2021 Market share of CEMAFON countries for diecasting and low pressure diecasting machines at 37 per cent

The value of the equipment exported by CEMAFON diecasting and low pressure diecasting machine manufacturers totalled €251 million in 2021. This puts their share of the global market at around 37 per cent. From the perspective of the CEMAFON manufacturers, particularly, investments in the USA and Asia declined last year. While the share of exports to EU27 countries increased by two per cent and to Latin American countries by five per cent compared to the previous year, the export shares towards the USA decreased by three per cent and towards Asia by five per cent. The so far complex situation in the value chains which impacts the investment behaviour of foundries (in particular the non-ferrous metal foundries) has been further aggravated in recent months by the war in Ukraine. Market shifts in the automotive industry – both geographically and technologically – are encountering Covid-related and structural supply bottlenecks, which affect the foundry machinery industry and its customer sectors equally, as well as the increased raw material and energy prices.

The EU Commission’s business survey confirms that material and equipment shortages will continue to hamper production in many industrial companies in the second quarter of 2022, especially in the mechanical engineering sector. In summary, the war in Ukraine, disrupted supply chains, the Covid pandemic, and higher inflation rates are the main downside risks to current forecasts. “Despite the satisfactory order situation, diecasting technology manufacturers cannot escape these risks. In the medium and long term, however, further opportunities for CEMAFON manufacturers will arise from the global goals for decarbonisation of the entire casting ecosystem,” said Dr Timo Wurz, general secretary of CEMAFON.

*The following statistical data refers to HS Code 845430 “Casting machines, diecasting machines.”

**All export values mentioned are currently still provisional.

CEMAFON (The European Foundry Equipment Suppliers Association) was founded in 1972. Members are the national European associations and thus all the major manufacturers of foundry machinery and plant, furnaces and products for the European foundry industry. The association represents the economic and technical interests of its members worldwide, provides information and creates a platform for the exchange of opinions on a European level.