Even though incoming orders increased slightly in the first quarter of the year, forecasts for the mechanical engineering sectors remain cautious. The uncertainty is too great - especially with regard to the USA's customs policy.
The economic data from China offers little cause for optimism: domestic consumption is growing slowly. The economic recovery is taking longer than expected. In the real estate sector, there is no hope of a short-term recovery in prices.
Fabiane Wahlbrink, head of VDMA Brazil, was able to expand the network for mechanical engineering at conferences and trade fairs. The hydrogen industry is just one example.
The Fluid Power Association represents almost 240 member companies with a total turnover of 8.5 billion euros and almost 40,000 employees. The export ratio is over 60 % on average.
The economic reports for 2024 on important foreign markets in the food and packaging industry, compiled exclusively for the VDMA by gtai, are now available in German and English.
