In its latest Outlook for April, the International Monetary Fund (IMF) shows a global economic environment that has fallen to historic lows, especially in the advanced economies, with half of the world's growth appanaged by the two Asian giants, India and China.
China and the United States beat Italy and Germany by more than 15 points. This is the picture that emerges when reading the 2022 export performance of the four big players in the global packaging machinery market, compiled by the Mecs study center from ITC Trademap data.
Sample surveys by Mecs study center confirm that machine and ceramic manufacturers' turnovers are holding up, after a 2021 that saw revenues and margins grow in double digits.