Gimav has reported an overall 3.75% increase in sales compared to the previous fiscal year.
The data shows there was a 2.08% increase in flat glass sales, confirming robust growth in the domestic market (+8.54%) and a 1.04% rise in exports. Hollow glass had a 5.57% increase in overall sales, thanks to the driving influence of exports (+6.69%), which compensated for the slight drop in domestic sales (-0.6%), partly influenced by uncertainties about the continuation of the Industry 4.0 Plan.
The sector’s trade balance experienced a 1.2% gain, and topped the billion-euro marked last year. The latest accounting periods also demonstrated modest but steady growth in employment numbers (+2.82%).
International customers continued to prefer Italian-made products, which led to a 3.04% increase in exports in 2018, with a 1.04% growth figure for flat glass and a +6.69% for hollow glass. Michele Gusti, Gimav Presidentsaid: “Once again, the sizable share of exports confirms that the quality and reputation for excellence of Italian technological solutions are sought-after qualities valued around the world.
“The proof is in exports’ 78.13% share of the industry’s overall sales, which peaked at 85% in the hollow glass sector”. The European continent continued to be ranked as the number-one market for Italy’s production, claiming 45% of the sales. Of this share, 37.44% was exported to EU countries. The United States was the leading country-client for Italian-made industry products – with an 11% share of global sales – followed by Poland, Mexico, Germany and China.
18.07.2019, Gimav
Les informations publiées sur notre portail sont soumises au droit d´auteur et appartiennent à la société en question resp. à la source des nouvelles. Tous les droits sont réservés expressément. N´importe quel utilisateur qui accède à un tel matériel peut faire ainsi seulement pour sa propre utilisation personnelle, et l´usage d´un tel matériel est au risque unique de l´utilisateur. La redistribution ou toute autre exploitation commerciale d´un tel matériel de nouvelles est expressément interdite. Là où un tel matériel de nouvelles est fourni par un tiers, chaque utilisateur accepte d´observer et être lié par les limites spécifiques de l´utilisation s´appliquant à un tel matériel de nouvelles. Glass Global ne représente ou n´approuve pas l´exactitude ou la fiabilité d´aucune des informations citées dans les nouvelles ou pages externes auxquelles on se réfère ici.
Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.