Economic information

26.08.2020
Domestic business remains largely stable in the first half of 2020 I Strong decline on foreign markets I Residential construction is coming through the crisis well
25.08.2020
Stable domestic business ensures sales growth in the first half of the year I Sales decline expected in the second half of the year I Exports to Europe and the USA collapse

Building Fittings: Business recovery stops in August
The recovery in business for German manufacturers of building valves that began in the summer months of June and July did not continue in August. Although domestic sales rose by 2 percent in August, foreign sales fell by 8 percent year-on-year at the same time. In particular, business outside Europe again declined more sharply, by 10 percent. Overall, sales in August thus fell by 3 per cent.
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Industrial valves: decline in sales continues in August
While the industrial valves sector held up well on the domestic market until early summer, August saw a negative figure for the second month in a row. Domestic business shrank by a significant 11 percent. Foreign business fell even more, by 22 percent. Overall, sales in August thus fell by 18 percent. This means that the consequences of the corona crisis are now being clearly felt in the industry.
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Construction industry

15.09.2020
Return to pre-crisis level only after 2022 I Large differences in the markets
03.06.2020
The Corona pandemic has not stopped at the previously booming construction industry. Although global growth is slowing down considerably. Nevertheless, individual markets or segments offer prospects, as the current gtai country reports show.
04.05.2020
Short-term slowdown due to corona crisis feared. However, Deutsche Bank believes that the market will generally continue to grow until 2022 due to the high demand. A major slump is not expected until later.

Global gas market in shock after corona crisis
A sector that has been spoiled by success will have to reckon with losses. In future, growth will only take place in emerging markets (IEA Gas Report 2020).
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Global chemical industry defies corona crisis
After a sharp drop in demand in the spring, the outlook is brightening again in many countries.
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Global Energy Review 2020
The impact of the COVID 19 crisis on global energy demand and CO2 emissions
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Markets

22.10.2020
Until 2030, about 50,000 hydrogen cars could be registered in the Czech Republic, according to the government's plan. But so far there are none, because the charging infrastructure is missing. This will change in 2021.
22.10.2020
Online trading and over-the-counter medicines will receive an additional boost. The market has good long-term growth potential.
16.09.2020
The Polish chemical industry already produces abundant hydrogen. Numerous new projects are also starting up in the country, and the first green hydrogen projects are also underway.
16.09.2020
The Greek construction industry has suffered enormously from the economic crisis from 2008 to 2019. Not only was the public investment programme cut back, but there was also a lack of liquidity. Despite Corona, some projects are currently being launched. These include a major project at the port of Piraeus and several hotel projects.
16.09.2020
Spain is one of the countries in Europe most affected by the pandemic. The construction industry is not leaving it cold either. Between January and the end of May 2020, the number of new building permits fell by 25 percent. Nevertheless, there are interesting long-term prospects.
14.09.2020
The corona pandemic has also left its mark on Japan's chemical industry. Demand from the automotive industry in particular is shrinking. The outlook is correspondingly subdued. Nevertheless, there are also individual crisis profiteers.
14.09.2020
In the future, more drugs and medical products are to be manufactured in Uzbekistan. The first pharmaceutical cluster in the country, the Tashkent Pharma Park, will be built around the capital Tashkent.
17.08.2020
It will take a while before the hotel industry in the People's Republic returns to its pre-crisis level. Nevertheless, the number of new projects is rising to a record level. The expansion plans of international companies also bring sales opportunities for the German valve industry.
17.08.2020
The next major sporting event is due to take place in Russia, which will open up business opportunities for German companies. In the Ural metropolis of Ekaterinburg, plans for the 2023 Summer Universiade are currently in full swing.
17.08.2020
The modernization of cities and infrastructure in Japan is progressing, despite the development of the corona pandemic. In addition to digitization, the focus is on sustainability.
17.08.2020
In the future, hydrogen is expected to make a greater contribution to energy security in China. State funding is helping to create regional industrial clusters and hydrogen valleys.
17.08.2020
Although the pandemic has not spared Poland's food producers, the impact is less severe than in other sectors. Some investments are being postponed.
17.08.2020
The desert state wants to become an important hub for the food industry in the GCC region. Local production is to be expanded accordingly.
08.07.2020
Global oil demand in 2020 is expected to be a record 9.3 mb/d lower than in 2019, mainly due to the mitigation efforts of more than 180 countries. Global mobility came to a virtual standstill at the height of the corona crisis.
07.07.2020
Thailand has built up a significant chemical industry in recent years, the largest in Southeast Asia. Foreign companies are also involved. The industry now wants to produce more sustainably and with higher quality.
Inga Kelkenberg
Inga Kelkenberg
Market research, economy data, statistics, trade fairs and exhibitions
+49 69 6603-1549
+49 69 6603-2549
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