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Russia: Deliveries of plastics machinery from Germany collapse

December 14/2009
December, 14 ( -- In all likelihood, 2009 will prove to be a very weak year for Germanys exports of plastics and rubber processing machinery to Russia. From January to August 2009, sales shrank to EUR 90m almost half the amount achieved during the same time frame in 2008. It remains to be seen in how far the years remaining four months will be able to change this picture.

Still, Russia remains the third most important market for German plastics and rubber machinery. From a Russian point of view, Germany even tops the list of supplier countries for Russias plastics and rubber converters. In terms of ranking, Germanys share in this market stands at 37.1%, followed by Italy at 21.1% and China at 9.2%. Overall, global exports to Russia amounted to a total of EUR 631.5m in 2008 8.7% below the preceding year.

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