Difficult year comes to a positive end
In December 2024, incoming orders in the mechanical and plant engineering sector in North Rhine-Westphalia exceeded the previous year’s level by 10%.
Markets & Economy
Competitor China
China’s mechanical engineering industry continues to catch up, products from the Far East are getting better and are almost always cheaper. China is not only striving for technological supremacy locally, but also internationally.
Orders disappoint in July
In July 2024, incoming orders in the North Rhine-Westphalian mechanical and plant engineering sector were 10 per cent down on the previous year.
Disappointing first half of 2024
Incoming orders in North Rhine-Westphalia’s mechanical and plant engineering sector in June 2024 were 15% down on the previous year.
Significant increase in demand despite challenging environment
In April 2024, incoming orders in the mechanical and plant engineering sector in North Rhine-Westphalia exceeded the previous year’s figure by 22% in real terms.
Mechanical engineering NRW: Customers outside the eurozone provide a ray of hope
In March 2024, incoming orders in the mechanical and plant engineering sector in North Rhine-Westphalia were 12% higher than in the previous year.
Mechanical engineering NRW: Slight decline in February
In February 2024, incoming orders in the mechanical and plant engineering sector in North Rhine-Westphalia were 3% down on the previous year.
Mechanical engineering NRW: Year closes with a clear loss
In December 2023, incoming orders in North Rhine-Westphalia’s mechanical and plant engineering sector fell short of the previous year’s level by 25% on a price-adjusted basis.
Mechanical engineering NRW: Year closes with a clear loss
In December 2023, incoming orders in North Rhine-Westphalia’s mechanical and plant engineering sector fell short of the previous year’s level by 25% on a price-adjusted basis.
Mechanical engineering NRW: Orders also down in November
In November 2023, demand for machinery and equipment from North Rhine-Westphalia was down 19% year-on-year in real terms.