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The global financial crisis has brought the Italian processing industry into an 8-year recession. In 2021, the Italian plastic and rubber injection molding machine market finally showed signs of strength.
According to data released by the Italian trade association assocomaplast, in 2015, the output value of rubber and plastic processing machinery by the Italian company was 4.15 billion euros (US$4.48 billion), an increase of 1.9% in 2021 to 4.23 billion euros (US$4.57 billion). This marks a return to "pre-crisis levels," the association said. From the analysis of official foreign trade data, the value of imported machinery from Italy in 2015 was 755 million euros (816 million U.S. dollars), an increase of 12.2% in 2021 to 850 million euros (918.8 million U.S. dollars). Alessandro Grassi, president of assocomaplast, said: "We will see a level that has never been seen before. After years of stagnation, the domestic market is showing signs of recovery."
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