The manufacture of materials handling equipment in Europe fell 6.8% to just under $70.75 billion during 2013, according to a report issued this month by the European Materials Handling Federation (FEM).<\/p>\n
The decrease in production was attributed to a reduction in demand and stagnating exports, according to a report summary published on the website Logistics Manager<\/a>.<\/p>\n While production of equipment lost 5%, repair and replacement dropped 13%, according to FEM. Domestic demand for materials handling equipment fell by 12%. Exports from Europe, which were $28.93 billion in 2013, are starting to account for nearly as much as domestic demand, the report stated.<\/p>\n The $70.75 billion production value is the same as it was in 2005.<\/p>\n Imports grew by 6.5%. Competitors outside of Europe were gaining a larger market share, but the trade balance is still seen as stable and still largely positive, according to\u00a0Olivier Janin, the group’s secretary general.<\/p>\n “The share of exports in our production value means that our manufacturers compete more and more on external markets,” Janin said. “Their competitiveness is therefore crucial and a big part of it comes from their ability to innovate. European policies ought not to limit but to foster such an ability so as to safeguard industrial manufacturing in Europe.”<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" The manufacture of materials handling equipment in Europe fell 6.8% to just under $70.75 billion during 2013, according to a report issued this month by the European Materials Handling Federation (FEM). The decrease in production was attributed to a reduction in demand and stagnating exports, according to a report summary published on the website Logistics … Read more<\/a><\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,293],"tags":[1079],"class_list":["post-6908","post","type-post","status-publish","format-standard","hentry","category-material-handling","category-news","tag-material-handling"],"_links":{"self":[{"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/posts\/6908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/comments?post=6908"}],"version-history":[{"count":1,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/posts\/6908\/revisions"}],"predecessor-version":[{"id":12467,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/posts\/6908\/revisions\/12467"}],"wp:attachment":[{"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/media?parent=6908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/categories?post=6908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahrns.com\/blog\/wp-json\/wp\/v2\/tags?post=6908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}