ukrainian news - 16.05.2007

Germany: Production of stationary woodworking machines rose 18.8 per cent in 2006

The German market for woodworking machinery has shown a surge in growth in 2006, with double-digit increases on all key indicators. Speaking in Hannover last week, Dr. Bernhard Dirr, Executive Secretary of the VDMA's Woodworking Machinery Association, commended the industry's efforts: "By working together we have managed to achieve remarkable results."
He believes the upward trend in sales of woodworking machinery is set to continue; over the year 2007 as a whole the association expects to see sales grow by ten per cent.

The upturn in this sector is also reflected in the employment statistics. As Dr. Dirr pointed out, the number of jobs rose by 9.1 per cent in 2006 to 21,000, following a year of stagnation.

Production of stationary woodworking machines rose to a record high of 2.6 billion euros in 2006. That equates to a remarkable increase of 18.8 per cent.

Exports

Exports of stationary woodworking machines likewise hit a record high last year, clocking up 1.9 billion euros in sales. This comfortably exceeds the previous record total of 1.7 billion euros set up in the year 2000. Year-on-year, export sales rose by 14.7 per cent. The average export quota across the industry is currently running at 73 per cent.

Domestic sales

The German market for woodworking machinery is also experiencing a strong revival. For the past three years domestic sales have once again been contributing to the positive overall trend within the industry. Last year German manufacturers increased their sales to the home market by 27.5 per cent to 700 million euros, thus further strengthening their leading position in their most important single market. Together with the skilled trades and the furniture industry, the booming sawmill industry accounted for a large proportion of this increase.

Some 21,000 employees in 220 German companies produced woodworking machines and tools to the value of approx. 3.7 billion euros in 2006.

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