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The growth driver is mainly derived from exports. After several years of continuous growth, exports in 2004 showed a double-digit increase (21%) to 3.7 billion euros. Exports accounted for more than 80% of total production, and were much higher than the export ratio of the entire mechanical engineering industry (64%).
In 2004, US exports rose by 24%, EU countries rose by 21%, and exports from other countries also recorded double-digit increases. The largest importing countries are still the United States (537 million euros), followed by France (208 million euros), the United Kingdom (205 million euros), Russia (176 million euros) and China (151 million euros). This situation shows that the German packaging machinery industry has maintained a leadership advantage, of which 15 of the 20 major packaging machinery importing countries rely mainly on German manufacturers to supply machinery and equipment.
Intelligent packaging machinery
In the past few years, the demand for German packaging machinery has increased significantly due to several positive factors. In addition to the high exchange rate of the German dollar, the export conditions and the overall economic climate have improved. But most importantly, German packaging machinery is more cost-effective. In recent years, the general trend has been mechanical intelligence, and intelligent new products have brought great benefits, such as:
It can be seen that German suppliers are committed to developing more cost-effective solutions for their customers, in order to reduce production costs and make production more flexible, so that customers can achieve a return on investment in a shorter time.
Look at China
There is no doubt that China has now become the world's largest importer of production machinery and equipment. As the world's fastest-growing production machinery market, China's demand for German packaging machinery is huge. China's growing demand for cutting-edge packaging technology reflects this market phenomenon.
Between 1993 and 2003, the amount of packaging machinery exported to China increased by 44% to 520 million euros, and China has now become the fifth largest importer of packaging machinery in the world. At the same time, China has become an important market for German packaging machinery suppliers. In 2004, it imported packaging machinery worth 151 million euros from Germany and became the fifth largest importer of packaging machinery in Germany.
German packaging machinery industry market demand continues to increase
In recent years, the German packaging machinery industry has greatly increased its leading position. In 2004, its output rose by more than 3% to 4.2 billion euros. Last year, the global demand for packaging machinery was about 19 billion euros. That is to say, Germany accounted for 23% of the global market, and thus became the world's largest supplier of packaging machinery, while Italy and the United States accounted for 16% and 13% respectively.