There are first clear rays of hope in July 2020 with an 11 percent increase in domestic orders. However, there is still a lack of orders from abroad. When added up over the first seven months, double-digit massive declines in both domestic and foreign orders continue to show the clear consequences of the crisis.
After Corona, due to significantly lower sales in April and May, the business of German manufacturers of building valves picked up encouragingly in June. Domestic sales rose by 12 percent and foreign sales climbed by 5 percent compared to the same month last year.
Domestic new orders in the first half of the year fell across the board in all months, but in April and May they were particularly strong at over 35 percent. However, new orders from abroad had at least continued to rise until February 2020. But they had already slumped by 18 per cent in March, by 43 per cent in April, by 36 per cent in May, but only by 6 per cent in June.
The Statistical Handbook 2020 is now available to our member companies free of charge. Non-members can obtain the book, first published in 1927 and now established as a standard work, from VDMA-Verlag.
The companies in the mechanical and plant engineering sector in Baden-Württemberg are facing major challenges. In a survey conducted by VDMA Baden-Württemberg, 70 percent of the companies describe their current order situation as weak, poor or very poor.
Incoming orders in the mechanical and plant engineering sector continued to fall by double-digit percentages in July, although the decline slowed down noticeably. Compared to the previous year, orders were down 19 percent in real terms on the previous year.
The companies in the mechanical and plant engineering sector in Germany recorded a significant drop in their order books in the first six months of the current year. In the first half of 2020, they recorded a drop in orders of 16 percent in real terms compared with the previous year.
The corona pandemic reached the mechanical engineering industry at the end of the first quarter: in March 2020, order intake fell short of the previous year's level by 9 percent in real terms. Domestic orders fell by 2 percent. The decline in foreign orders was more pronounced at 12 percent.
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