The 21 Italian companies affiliated with Gimav – Italian Manufacturers’ Association of Machinery, Accessories and Special Products for Glass Processing were extremely happy with the success of their participation in the recent U.S. glass exhibition.
U.S. trade people liked the technology they saw: the stands that occupied the 900 sq.m. Made in Italy exhibition space attracted interested visitors who were keen to learn about the new machinery, some of them buying directly at the exhibition.
This strong interest in Italian products can be seen in ITA (Italian Trade Agency) figures which provide a picture of a growing U.S. market. The figures show that U.S. imports of glass processing machinery in 2014 increased by 48% versus 2013. Italy is the top supplier at $27 million, with a 33% share of total imports by the industry.
The United States has been a leading market for the Italian glass industry in 2015 also: during the first 7 months of the year, imports from Italy posted a 40% increase over the same period in the previous year despite a partial fall in the market share (from 29% in 2014 to 12% in 2015).
“The United States has always been a key market for Gimav companies said Director Renata Gaffo. Here our products are recognized as being high-tech, which is critical to achieve premium quality end results. The growth in the United States has been a strong driving force for all of the industry; the figures on hand and the outcome of our group participation at GlassBuild America make us optimistic about the future”.