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HYDRAULIC PUMPS INDUSTRY THE SECTOR THAT HAS OVERCOME THE CRISIS THANKS TO EXPORTS
Increases in investments and turnover but also a consolidation of its market position at an international level. The final overall picture presented by the hydraulic pump manufacturers belonging to Assopompe, the professional trade association is one that can be described as being anti-cyclical. This upward trend is furthermore destined to continue even in 2012, as is confirmed by the provisional data drawn up by the trade association. In the midst of a full-blown economic crisis the sector ended the year with an overall increase in turnover of 12.6%. For the current year the anticipated growth figure is for a further 5.6%. In this case, too, Italian industry was rewarded by a quality that is recognised abroad.
During the last year exports grew by 18.8% and forecasts for 2012 are for a further growth of 9%. With these forecasts in hand, the positioning of Italian hydraulic products abroad represents more than two thirds of total turnover. â€śThe hydraulic pumps sector in Italy can count on a turnover of approximately €1,600 million and 7,500 employeesâ€ť states Alberto Caprari, the President of Assopompe, the association that has asserted itself as the point of reference for the market. Good networking between members guarantees the exchange of valuable information on further growth in different markets. Ours is a success that originates in the main from markets non-EU countries that are investing consistently in water pumps even for industrial uses. Italian pump technology abroad which, for some time now, has been the most evolved in terms of long-term energy saving and favourable costs, is second-to-none and is a winning formula.â€ť
It is fair to say, therefore, that in the field of industrial hydraulic pumps non -EU countries are increasingly turning to Italy. In terms of Europe, Germany ordered €148 million worth of Italian made pumps in 2011 compared to €119 million in 2010 (+24%). While Germany tops the market rankings, when it comes to the highest volumes ordered, an analysis of growth percentages reveals the presence of emerging countries that have yielded far better results over time. Take the case of Saudi Arabia, for example, where orders increased by 200% (€59 million worth of exports). Even the Chinese markets continue to choose Italian-made industrial water lifting systems. In this case exports for manufacturers belonging to Assopompe exceeded €43 million with a tendential increase of 30% over 2010. Figures relating to other countries such as the Netherlands (€36 million or +24%), Algeria (€25 million or +79%) and Switzerland (€19 million or +26%) are lower in terms of volume, but often not when it comes to growth.
In concurrence with the widening of trading borders the sector has invested in specialising in the field of volumetric and centrifugal pumps, as well as in that of replacement parts. â€śManufacturers that are members of Assopompeâ€ť adds Mr Caprari â€śare increasingly present and acknowledged as a point of reference. The prerequisites are in place for Italyâ€™s image as a national economic system to become even stronger and these will allow us to brand our Italian made product as a true industrial 'best in class'. After all it would be nothing more than a well-deserved recognition.â€ť