Update from BFPA Statistics Service
According to the BFPA monthly surveys up to February, 2014 started very well for both hydraulics and pneumatics, with good levels of sales and orders being maintained into February (though the month was not as strong as January). The final monthly survey figures for 2013 have now been confirmed, with the hydraulic index indicating respondent’s UK shipments fell by around 3 per cent in 2013 (the mobile sector grew slightly but industrial fell), while respondents to the pneumatic survey recorded growth of around 2.5per cent for the year. The picture for distribution was a little different for hydraulics, with growth of around 5 per cent being recorded for respondents; pneumatics distribution grew by a similar amount to the pneumatic index respondents. Monthly output was up again in February 2014 as measured by the Office for National Statistics’ Index of Production figures for IOP 28 Manufacture of Machinery and Equipment, and IOP 29 Manufacture of Motor Vehicles and Trailers, suggesting UK engineering industries continued to be busy after a good January, and mirroring the increase in activity seen by BFPA and BFPDA members for hydraulics and pneumatics in the first two months of the year. Please contact Sarah Gardner at sarah@bfpa.co.uk if you have any queries about the BFPA/BFPDA statistics service.Related stories
Events
-
Smart Manufacturing & Engineering Week
05 - 06 June, 2024
NEC, Birmingham -
HILLHEAD 2024
25 June, 2024, 9:00 - 27 June, 2024, 16:00
Hillhead Quarry, Buxton, Derbyshire UK
