Orders received by the German machine tool industry in the third quarter of 2022 were 9% up on the previous year’s figure. Orders from Germany rose by 3%, whereas those from abroad were up by 12%. Demand rose by 26% in the first nine months of 2022. Domestic and foreign orders contributed in equal measure to this figure, accounting for growth of 25 and 26% respectively. Orders received by the German metal-forming technology sector in the third quarter of 2022 were also up, by a total of 7% up on the previous year. Orders from Germany fell by 1% whereas those from abroad were up by 10%.
For further information www.vdw.de/en