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Mar 2021
Machinery turnover saw among the fastest drops in India’s manufacturing sector in 2020. The COVID-19 pandemic weakened business sentiment, which resulted in low investment activity during the year. India was one of the few major countries in the ...
Country Report
Mar 2021
Machinery production in Russia dropped sharply in 2020, owing to the COVID-19 pandemic. The pandemic weakened the Russian economy, hurting business investment in machinery and expenditure on the military. Russia is the fourth largest spender on the ...
Country Report
Mar 2021
In 2020, machinery production in Brazil contracted, as a result of the COVID-19 pandemic-caused shock to the economy. The pandemic weakened local businesses, forcing them to postpone renewal and expansion plans until the post-pandemic period. A ...
Country Report
Feb 2021
In 2020, the machinery industry in Canada lost the growth potential it accumulated over the previous years. The COVID-19 pandemic drove down business confidence levels and sent the corporate sector’s investments down in both Canada and its key ...
Country Report
Oct 2020
Machinery production in the UK declined in 2019, after two years of robust expansion. The industry was negatively impacted by the Brexit process and the uncertainty it has caused. In 2019, both business and consumer confidence slumped, reaching the ...
Country Report
Oct 2020
Growth in Chinese machinery production decelerated in 2019. The industry was negatively affected by weakening exports, amid the continuing trade war between the US and China. In mid-2019, the US imposed 25% import tariffs on numerous goods from ...
Country Report
Oct 2020
The machinery industry in the US continued on a growth path in 2019. The industry saw rising output in all major categories, with general purpose machinery and B2B products posting the best results. Nevertheless, growth in turnover was to a ...
Country Report
Aug 2020
The industry’s growth slowed down significantly during 2019. Italian machinery makers were adversely affected by stagnant business demand, the growth of which came to a halt in 2019, after several successful years. Poor economic conditions in Italy ...
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