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June 15, 2022
German woodworking machinery industry with record level of demand
The gap between global demand and the production of woodworking machinery is widening. In the first quarter of 2022 and even in March, which was already overshadowed by the Ukraine crisis, companies experienced a renewed double-digit surge in demand at record levels. At the same time, sales grew by only 4 percent, not a surprising result given the manifold problems in the industry. "We don't have enough components and material, and what is available is getting more expensive. Skyrocketing purchase prices are a major problem for manufacturers whose order calculations ...
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