Mecs Study Center

: China and India unstoppable, while the rest of the world slows down 🌏

In its latest Outlook for April, the International Monetary Fund (IMF) shows a global economic environment that has fallen to historic lows, in line with those put together by the Mecs Study Center on the evolution of the market.
Global growth estimates are downgraded to a modest +2.8 percent for 2023: this is at the lowest since 1990.

In this context, and lead the way: in the world of packaging, growth forecasts to 2026 for India exceed 7 percent, while for China they are close to 4 percent, values that are higher than the world dynamic.

However, this strong Asian development is confronted with an opposite trend in the rest of the world; the Russian-Ukrainian conflict has put a strain on the growth of the involved and neighboring countries.

The is going slow, as evidenced by the 3.5 percent annual average for the packaging market evolution

Read more about it at 👉 https://www.mecs.org/en/news-press/markets/imf-china-and-india-unstoppable-while-the-rest-of-the-world-slows-down

Look at the data - , 2022 exports in slow motion 📉

The race of Italian is halted, it is a slight downturn, a -0.3 percent overall for Italian exports over the twelve months of 2022, which compares with a growth that came close to 4 percent in the previous year and is the result of a negative first half of the year and a recovery that has been strengthening from the summer onward.

An upward dynamic that, according to in the new edition of the , will also be evident in 2023 and in the medium term. The newly published edition of the econometric model developed by Study Center predicts an average annual growth to 2026 of +2.4 percent worldwide.

Read more about it at https://www.mecs.org/en/news-press/scenarios/packaging-machinery-2022-exports-in-slow-motion-but-recovery-is-already-underway 👇

The Cube is the MECS study center's flagship business intelligence tool for the packaging industry: it allows to predict market shares and development trends in more than 80 countries with extreme accuracy, disaggregating the analysis by machine families and downstream sectors.
Using our balance sheet analysis on manufacturers, suppliers and customers with cluster details and risk indicators you can measure and compare the competitiveness of each single company.

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