Independent journal on economy and transport policy
10:08 GMT+1
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In 2021 new orders to German naval suppliers grew by 14.3% percent
The turnover was down -2.5% percent
June 30, 2022
Even though the Covid-19 pandemic has had an impact on their turnover, German naval suppliers are happy with the results recorded in 2021 and predict that their activity will grow during 2022. "Due to the weakening of the order portfolio caused by the coronavirus," Martin Johannsmann, chief executive of the VDMA trade association, said at a meeting of the organisation's general meeting in Hamburg. last year we did not achieve our sales targets. At the same time, markets have developed with a significant growth in acquired orders, particularly from abroad. This development continues and allows the sector to continue to be optimistic despite the growing uncertainties. " Among the brakes imposed on the activity of companies in the sector, Johannsmann cited, in addition to the consequences of the coronavirus, " the war in Ukraine, the lockdowns in China, the congestion of major hubs, the increase in inflation and the consequent pressures on supply chains ".
In 2021 the German sector of supplies to the navalmachinery industry and the offshore industry totaled a turnover of 10.3 billion euros, down -2.5% percent on the previous year. Conversely, new orders (of which 79% percent were exported) increased by 14.3% percent on 2020 when new orders fell by -10.9% percent on the previous year. The association specified that in 2021, if the rest of Europe confirmed its soil of important export market for German naval suppliers being a result of 33% of total exports, the Asian region totaled more than 34% percent of exports, with China whose share remained stable at 18.3% percent and with Korea having seen its 12.3% percent rise.
VDMA said last year the number of workers in the sector had remained stable as a result of 63mila units.
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Even though the Covid-19 pandemic has had an impact on their turnover, German naval suppliers are happy with the results recorded in 2021 and predict that their activity will grow during 2022. "Due to the weakening of the order portfolio caused by the coronavirus," Martin Johannsmann, chief executive of the VDMA trade association, said at a meeting of the organisation's general meeting in Hamburg. last year we did not achieve our sales targets. At the same time, markets have developed with a significant growth in acquired orders, particularly from abroad. This development continues and allows the sector to continue to be optimistic despite the growing uncertainties. " Among the brakes imposed on the activity of companies in the sector, Johannsmann cited, in addition to the consequences of the coronavirus, " the war in Ukraine, the lockdowns in China, the congestion of major hubs, the increase in inflation and the consequent pressures on supply chains ". 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
