Expertenthemenbeschreibung Economic Development

Economic Development & Business Situation

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The economic cycle plays a significant role in almost every area of the economy. After all, it plays a key role in determining the well-being of companies and employees. In fact, it is particularly relevant in the machinery and equipment manufacturing sector. After all, it plays a key role in determining the well-being of companies and employees in the mechanical engineering sector.

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Titel der Empfehlung: Konjunktur

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  • Incoming orders in machinery industry March
The first quarter of 2025 resulted in an overall increase in orders of 4% - the first positive quarterly balance of orders in three years. March also closed with a pleasing increase in orders of 4%.

From our content

From our content
VDMA Economic Survey Q1/2025 - Results

The VDMA Business Survey Q1/2025 ran from March 18 to 28, 2025 and received almost 1240 responses from 940 companies. The mood has brightened slightly. This is a snapshot in view of the latest tariff announcements by the USA.

Hesitant economic recovery

Global machinery turnover fell by 1 percent in real terms in 2024. At this point in time, a small growth of 1 percent still seems possible in 2025.

From the industries and regions

From the industries and regions
Market environment in the textile machinery sector remains challenging

The textile machinery industry continues to face a challenging market environment. Global demand remains subdued and almost all sales markets are affected by a reluctance to invest.

New orders NP March: Heterogeneous development and base effects

In March, incoming orders in the food processing and packaging machinery sector rose by 15% in real terms compared to the weak previous year's figure. Domestic orders rose by 30% and orders from abroad by 12%.

Process Engineering: Incoming orders & turnover March 2025

Incoming orders and sales in the process engineering sector develop negatively in March Incoming orders: slightly down / turnover: very clearly down on the same month last year.

329 registrations of firefighting vehicles in April 2025

In April 2025, 329 new firefighting vehicles were registered in Germany.

Reports on the construction industry

On behalf of the VDMA Germany Trade and Invest (gtai) publishes reports on the construction industry of selected markets.

Pleasing first quarter

The first quarter of 2025 resulted in an overall increase in orders of 4% - the first positive quarterly balance of orders in three years. March also closed with a pleasing increase in orders of 4%.

East German mechanical engineering sector ends first quarter with order growth

Buoyant foreign orders - weak domestic demand: In March 2025, incoming orders showed two very different faces. The bottom line was a considerable increase of 30 percent.

East German mechanical engineering sector ends first quarter with order growth

Buoyant foreign orders - weak domestic demand: In March 2025, incoming orders showed two very different faces. The bottom line was a considerable increase of 30 percent.

Decline in orders comes as no surprise

In March 2025, incoming orders in the mechanical and plant engineering sector in North Rhine-Westphalia were 22% down on the previous year.

Good start to spring

In March 2025, incoming orders in the Bavarian mechanical and plant engineering sector recorded an increase of 36% in real terms compared to the previous year.

Economic performance in April 2025

Download the key figures (in German) here.

Economic performance in April 2025

Download the key figures (in German) here.

Strong industry position despite enormous challenges

The VDMA reports a decline in production in the food processing and packaging machinery sector of just under 2% to EUR 16.1 billion, while exports grew by 6% to EUR 10.6 billion.

Press kit for IFFA 2025

Here you can download our digital press kit and the press kit of our cooperation partner, the Fraunhofer IVV.

Incoming orders

Information on the development of incoming orders for manufacturers of compressors, compressed air and vacuum technology can be found here.

Incoming orders

Information on the development of incoming orders for liquid pumps can be found here.

Good start to the year until February 2025

After the poor start to the year for foreign orders in mechanical engineering in Hesse in January (-15.8%), orders rose by 6.6% in February 2025. This represents a decline of 6.1 percent up to February.

Process Engineering: Incoming orders & sales February 2025

Sales up, incoming orders not picking up.

Process engineering: Price indices - monthly update

With a monthly update, which is exclusively available for download to VDMA member companies, we inform you about the development of price indices for process engineering goods.

Ukrainian partners seek contacts at bauma 2025 in Munich

Start of successful association networking. Despite difficult circumstances, bauma 2025 attracts its first visitors from Ukraine - in search of strong German partners in mechanical engineering.

Saxony's mechanical engineering in reverse gear in 2024

After three consecutive years of growth, Saxony's mechanical engineering companies lost momentum in 2024. Turnover and employment figures are pointing downwards. The association expects a mixed result for 2025.

Not a good start to the year

Incoming orders from abroad for the mechanical engineering sector in Rhineland-Palatinate fell by 0.5% in February 2025, following a double-digit increase two months earlier. Growth of 5.9% therefore remains until February.

Poor start to the year until February 2025

Domestic orders for mechanical engineering companies in Saarland have been falling since January 2024 and fell by a further 15.6% in January 2025, resulting in a total decline of 10.3% by February 2025 (see table 1 and chart).

Our events

List of planned experience exchange events ("ERFA") from the North, VDMA Landesverband Nord and the AG Marine Equipment and Systems (MES).

Global growth market: food and beverage industry

The global food and beverage industry is one of the most dynamic growth sectors. Plastic dominates sales of retail packaging for food and beverages.

Packaging machinery: an innovative sector with growth potential

Global demand for packaged food, beverages, liquid food, pharmaceutical products and other non-food products will continue to rise in the coming years. The packaging machinery industry is benefiting from these developments.

Spain: Growth in exports of meat processing machinery in 2024

Spain increased its exports of meat processing machinery by 3.1% in 2024. Companies exported machines worth 77 million euros.

New package of measures for export credit guarantees: how to use it!

We provide a download from Euler Hermes on the new possibilities of Hermes Cover. The file contains important details on company-related support.

Italy: record exports of meat processing machines in 2024

Italy increased its exports of meat processing machinery by 3.8% in 2024. Companies achieved a record level of 182 million euros in foreign trade.

Market information on consumer goods worldwide

For several years now, we have been producing monthly data sheets on various sectors, categories and countries based on data from Euromonitor International. We publish the latest editions via the monthly newsletter NuV-Telegramm and make them available for download here with immediate effect. If you are not yet familiar with the data, we will briefly explain what is available to you here.

Statistics service: Valve key figures in compact form

As an important service, VDMA Armaturen offers member companies regular updates on key industry facts relating to the building and industrial valves industry.

282 registrations of fire fighting vehicles in March

In March 2025, 282 new fire fighting vehicles were registered in Germany.

Incoming orders NuV: February in the red

In February, incoming orders in the food processing and packaging machinery sector fell by 11% in real terms compared to the previous year. Domestic orders rose by 3%, while orders from abroad fell by 13%.

Raw materials information service non-ferrous metals

Monthly tracking of the market development of valve-relevant raw materials with a focus on non-ferrous metals

Building valves remain on track in March

After a good previous month, business for German building fittings manufacturers remained on an expansion course in March. Sales climbed again both in Germany and abroad.

Industrial valves: Weak foreign sales cloud the March balance sheet

After a strong start to the year, industrial valves manufacturers' sales fell slightly in March as a result of declining foreign demand. Domestic sales, on the other hand, increased slightly.

Raw materials information service "Cast steel"

Monthly tracking of the market development of raw materials relevant to valves with a focus on steel and cast iron.

Positive result thanks to domestic business

In February 2025, incoming orders in the mechanical and plant engineering sector in North Rhine-Westphalia were 16% higher in real terms than in February 2024.

An insight on the interim union budget 2024

India's Interim Union Budget for 2024 projects a reduction in the revised fiscal deficit and a decline in inflation. These key economic indicators signal a promising future for the Indian economy, even amidst global economic uncertainties.

Welcome increase in orders despite continued poor market conditions

Baden-Württemberg's mechanical and plant engineering sector recorded a 5% increase in orders in real terms in February 2025 compared to the same month last year.

Another drop in orders for eastern German mechanical engineering in February

After a weak start to the year, patience is still required: the eastern German mechanical and plant engineering sector once again saw a drop in orders in February. Only customers from the eurozone invested generously.

Third plus in a row

In February 2025, incoming orders in the Bavarian mechanical and plant engineering sector recorded a year-on-year increase of 7% in real terms

No upturn at the start of the year

The weakness in orders in Baden-Württemberg's mechanical engineering sector continues into the new year.

Foreign countries attract

For the second month in a row, incoming orders from abroad for the mechanical engineering sector in Rhineland-Palatinate showed double-digit growth, following four months of double-digit declines.

Stable Situation in Mining with mixed Outlook for 2025

The economic situation for the mining industry as a whole remains stable at a good level.

Poor annual result for 2024

Domestic orders for mechanical engineering companies in Saarland have been falling since January 2024 and fell by a further 23.8% in December, resulting in an overall decline of 12.2% for 2024 (see table 1 and chart).

Positive market prospects in a dynamic market environment

The future prospects of the supplier industry for the meat and protein sector are positive, as the global food industry is developing dynamically. Germany is on its way to becoming the leading market for meat substitute products.

Thuringian mechanical engineering achieves stable result in 2024

Thuringia's mechanical and plant engineering sector continued the previous year's very good sales result in 2024 despite the difficult conditions. The industry fell just short of the 4 billion mark.

Economic Update March 2025

On a monthly basis, our economic update gives a brief overview of the ecomomic situation of the construction equipment industry, e.g. order income, turnover, business climate and trade figures.

German intralogistics sector in figures

Information on production volume, employment development and foreign trade data, as of March 2025

In a nutshell

In a nutshell

Auf den Punkt Zitat Economic Development

„It remains the case that customers in the mechanical engineering sector are very reluctant to make new investments.“

Dr. Ralph Wiechers, VDMA Chief Economist

Auf den Punkt Zahl Economic Development

-7

percent

was the price-adjusted decline in production in EU mechanical engineering in 2024 compared to 2023.

Source: Eurostat

Auf den Punkt Zusammenfassung Wirtschaftliche Entwicklung

Summary
Welcome to the VDMA Statistics Database
  • The VDMA Incoming orders and Turnover Statistics for Germany are exclusively available to you upon participation.
  • In the Foreign Trade Statistics, you will receive information on merchandise flows broken down by industry and commodity code
  • Leading economic indicators provide indications on the future development of the economy

Events

Events

Wed. 21.05.25 Thu. 22.05.25

exclusive

  • Industrial Valves
  • Marketing
  • Sales
  • Economic Situation and Forecast

Together with our host GSR Ventiltechnik GmbH & Co. KG, we would like to cordially invite you to the next WAI meeting with a pre-event on 21–22 May 2025 in East Westphalia.

Places available

Wed. 28.05.25 Thu. 29.05.25

  • VDMA China
  • Asia
  • Electrical Automation
  • China
  • Power Transmission Engineering
  • Fluid Power
  • Foreign Markets

Meeting of management and sales managers of Chinese subsidiaries of VDMA member companies of the Power Transmission Engineering, Fluid Power and Electrical Automation associations

Meeting of management and sales managers of Chinese subsidiaries of VDMA member companies of the Power Transmission Engineering, Fluid Power and Electrical Automation associations

Wed. 10.12.25 Wed. 10.12.25

exclusive

  • Economic and Statistic Affairs

Further information coming soon

Places available

Asset Publisher

Documents & Downloads

More VDMA services

More VDMA services
Services Department of Economics and Statistics
The Economics and Statistics department provides you with all industry-relevant economic and market information. Benefit from our expertise and use our statistics as a basis for smart business decisions.
Committee on Macroeconomic Issues
Regular, practical evaluation of the international economic situation of the mechanical engineering industry as an indispensable contribution to the VDMA's economic analysis, including short-term forecasts.
VDMA Statistics Database
The VDMA Statistics Database offers all VDMA member companies fast and convenient access to economic information regarding the mechanical engineering industry.
Economic presentations in working groups
The VDMA economists are involved in working groups and the exchange of experience and advise members and colleagues on all economic matters.

More expert and focus topics

More expert and focus topics
Mechanical and plant engineering figures and charts
The statistically recordable world of mechanical and plant engineering - newly presented in interactive charts and tables. Find out about all the key economic figures for the industry and, in particular detail, about the development of the EU Single Market.
Statistics database
The VDMA statistics database offers all VDMA member companies fast and convenient access to economic information on all aspects of mechanical engineering. The use of the VDMA Order Intake and Sales Statistics Germany is exclusively reserved for those companies that participate in the survey.
Global markets
The world is changing fast - what was good practice yesterday may not be good practice tomorrow. The VDMA helps its members to keep track of the latest developments in global markets, customs, export financing, export controls and trade policy.
Intercompany comparisons
The business management tool for performance optimization and measurement from a neutral partner. A diverse and participative VDMA system at a glance.
Benchmarking
Benchmarking is an instrument of controlling and corporate management for the analysis of processes, corporate success and developments.
European Policy
Europe is the home market for the machinery and equipment manufacturing industry, one of the largest industrial sectors in the EU economy. VDMA therefore stands for a competitive EU.
International Taxation
As a special field of tax law, international tax law deals with the problems of cross-border situations that are relevant for the taxation of individuals, partnerships and corporations.

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