German textile machinery in the first quarter of 2012

German textile machinery in the first quarter of 2012

In the first quarter of 2012 German textile machinery exports declined against the same quarter of 2011 by 6 % to EUR 713 million, thereof spinning machines accounted for EUR 317 million (+2.9 %), weaving machines for EUR 45 (-1.4 %), knitting and hosiery machines EUR 192 million (-27.4 %) and finishing machinery EUR 160 million (+13.8 %). Textile machinery in a value of EUR 392 million (-17.0 %) went to Asia and EUR 80 million (+63 %) to Latin America.

It has to be added that the 2012 first quarter order intake was below the comparable one of 2011 but still at a satisfactory level.

www.vdma.org


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