VDMA TFL: Significant recovery of order situa...
VDMA TFL

Significant recovery of order situation

(Source: Pixabay)
(Source: Pixabay)

In April 2021, manufacturers of the German machinery association VDMA TFL were able to increase their incoming orders by 69% in real terms compared to the previous year. Orders from Germany increased by 55% and from abroad by as much as 80%. This was just revealed by VDMA TFL, Munich/Germany.

In April, 158% more orders came from the euro countries, while the non-euro countries increased their orders by 22%. Turnover also increased by 9.5% compared to the previous year.

The members of VDMA TFL were able to export machines worth €788 million in 2020, which was 9.5% less than in 2019 (€872 million). The most important export market in 2020 was Poland, followed by the USA and France.

Exports to Poland increased by 69% to €89 million in 2020, whereas exports to the USA decreased by 12% to €77 million. Likewise, exports to France fell by 8% to €68 million.

"However, international travel restrictions as well as a still difficult pandemic situation in many countries of the world continue to pose a major challenge. In addition, there are currently the exploding raw material prices with massive delivery delays for primary products, still severely restricted and very expensive transport conditions and a considerable shortage of packaging materials.” (Elgar Straub, Managing Director VDMA Textile Care, Fabric and Leather Technologies)

The VDMA Textile Care, Fabric and Leather Technologies (TFL) represents the interests of manufacturers from the laundry and textile cleaning technology, sewing and clothing technology, shoe and leather technology and processing technologies for technical textiles.

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