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15 September 2023

The metal industry displays potential for growth and stability.

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The metal industry, including automatic door manufacturers, is showing growth, and becoming more stable, despite the economic challenges presently faced. This is confirmed by the latest industry report on the economy published by Confemetal. The study shows encouraging results for the metal industry, indicating that companies are taking advantages of opportunities and working towards achieving sustainable development.

After a difficult period, the metal industry is currently showing favourable trends with improved stability in terms of turnover. The data suggests a decrease in turnover during past periods. Nevertheless, a revival was noticed in the last quarter of the year, and a tendency towards slight growth or stability is predicted in 2023. Regarding exports, there has been a slight growth in this area, reflecting the sector's increased competitiveness in international markets. The predictions indicate an improvement.

The report shows significant stability in employment with prospects for slight growth, demonstrating companies' confidence in the sector and their commitment to job creation and stability. Finally, in terms of the primary expenses such as energy, transport and raw materials, there appears to be a stabilising trend, and at times, a reduction in costs. This is highly advantageous in guaranteeing the profitability and competitiveness of metal firms.