UK construction equipment exports rise

31 August 2016

UK exports of construction and earthmoving equipment continued to grow during the second quarter of 2016, according to the latest report from the UK’s Construction Equipment Association (CEA).

The CEA said the results bucked the trend from declining exports reported last year.

In volume terms, exports grew 6.1% between April and June, compared to the previous quarter. However, the 136,000 tonnes recorded during the quarter still represents a decline of 10.3% compared to the same period a year ago.

In value terms, exports grew 0.7% to £595 million (€701.38 million) compared to the first quarter of 2016.

The CEA said sales of equipment to EU markets continued to rise, accounting for 47% of worldwide sales – up 6% compared to the same period a year ago. It said it expected this margin to continue rising throughout the rest of 2016.

Meanwhile, the CEA reported that, in volume terms, UK imports of construction and earthmoving equipment grew 10.5% during the second quarter of 2016, compared to the same quarter. However, at 74,000 tonnes, imports were still down 11% year-on-year.

Japan and Germany continued to be the UK’s two main importers, according to the CEA.

Latest News
CSCEC-built spiral tunnel officially recognised as world’s longest
A spiral tunnel in China, built by Chinese construction giant China State Construction (CSCEC), has been recognised as the world’s longest
Consortium wins €302m deal to build Swiss railway plant
A consortium led by Swiss construction company CSC Costruzioni has won a contract worth €302 million (US$327 million) to build a new railway plant in Switzerland
Epiroc to acquire French attachments manufacturer
Swedish OEM continues massive attachments expansion following Stanley acquisition