CECE market analysis highlights cautious optimism in European equipment sector
02 March 2023
In its first Market Update of 2022, the Committee for European Construction Equipment (CECE) described an overall flat market – which, it said, should be seen as a success, given limiting factors, such as the ongoing supply chain issues and the war in Ukraine.
A number of the speakers at the online event described the sector as ‘resilient’ and struck a note of cautious optimism for 2023.
CECE’s economic affairs manager, Sebastian Popp, presented an overview of last year’s figures, reporting an average overall decline of 1% across all segments, which he said could…
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