AUTOMOTIVE AND LOGISTICS: A RELENTLESS GROWTH
According to Istat data, the sector’s overall production scores a +6.5% in the first 11 months of 2016
The whole national automotive industry is currently enjoying a positive trend that has, over recent years, supported Italy’s slow economic recovery: according to Istat data, in fact, the sector’s overall production scores a +6.5% in the first 11 months of 2016.
"The automotive industry has confirmed itself as one of the fastest growing economic sectors in the country - declared Gianmarco Giorda, director of ANFIA, who further explains – the production of motor vehicle spare parts and accessories in Italy closed the month of November with a very slight decrease (-0, 4%), while the average for the first eleven months of 2016 is consistent with the figures recorded at the end October last year (-0.1%). Furthermore - he adds - orders closed with a -0.5% in October, due to a 0.8% contraction in domestic orders, but maintains a positive aggregate trend (+ 4.1%). Finally, car components sales reported a fall of 3.2% in November but recorded a +4.6% from the beginning of 2016".
Taking a closer look at the industry as a whole, we cannot help but notice that October recorded a 5.2% increase , despite a slight contraction in domestic orders (-0.5 %) closing off the first ten months of the year with a + 7.6%, thanks to a consistently high demand in both the domestic (+ 8.8%) and foreign (+ 6%) markets.
The turnover of the automotive sector, was up by 0.5% in October and 4.5% in January-October 2016, despite a slight decline in foreign sales (-0.2%) which, after a sustained growth from December 2014 to January 2016, has slackened somewhat in June (-0.9%). In July the increase was 5.2%, while August boasted a 32.1% increase, slowing down in September (+3.9) and in October (+ 3.8%). In November, according to an Istat survey, the overall industrial production of the automotive industry went up by 5.7%. The growth trend from the beginning of the year slowed down to 6.5%, in line with the January-October period.
On the other hand, looking at the logistics sector, the recent data issued by the Contract Logistics Observatory following a research promoted by the School of Management of the Politecnico di Milano in collaboration with Assologistica, proved rather interesting. A presentation was made during the conference "Physical logistics, the key to success in the virtual world?". The conference further produced the sector’s economic performance providing an interesting overview: what emerged, in fact, was that 2016 marked a period of recovery in a difficult period of time marked by economic uncertainties, with a 1.4% increase of the annual turnover of the national logistics system over the previous year and an estimated growth of 1.8% for this year.
The challenge that logistic operators must face now and in the future are certainly not easy, but we are looking at a growing market, in which logistics will be called on to provide not only new standards in efficiency, but also the necessary support in developing new markets and services.
New registration growth trends for 2016 (UNRAE data)
Commercial vehicles +50%
Trucks and tractor units +54%
Light trailers +10%
Heavy duty trailers +52%
Heavy duty semi-trailers +39%