Swissmem’s members book more orders and profit of the worldwide better economic conditions

The Swiss Machinery, Electro and Metal Industry in the second quarter of 2021 shows encouraging figures: order intake increased up to August 50.6 % (and in the first half year of 2021 by 24.4 %). Turnover in Q 2 increased by 20.2 % (first half 9.3 %).

Total exports of the MEM industries are as follows:

                    Grand total     against 2020

                    Jan.-June 21

EU                 58.1 %               +  21.0 %

Asia               18.0 %                +   8.4 %

USA               13.7 %                + 12.1 %

Worldwide                              + 15.6 %

Germany      26.3 %                + 19.9 %

China              6.8 %                 + 19.5 % 

France            5.2 %                  + 21.3 %

Italy                4.8 %                  + 38.8 %

Japan              1.9 %                  –   2.4 %

Spain              1.7 %                  + 23.0 %

South Korea  1.2 %                   +  4.0 %

India               1.1 %                  + 35.9 %

Brazil              0.6 %                  + 27.7 %

In the Q 1 2021 the number of total employees was 313500 (2020 322800) or less 2.9 %.

The capacity load was in Q 2 2021 85.6 %, in July 2021 87.2 %.

According to Swissmem President Martin Hirzel the motto of his association to meet today’s challenges (R&D, climate, energy, sustainability, mobility, political activism)  is as follows: Impulses instead of charges, innovations instead of subventions.

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