Similarly, CELIMO held its Council Meeting at the end of June and there are two documents that may be of interest to members. The State of Trade Report highlights the macro-economic situation in Europe and trends for the machine tool and cutting tool markets, while the Economic Report builds on this with some more relevant indicators and presentations from the individual countries.
CELIMO is the group of associations representing importers and distributors of machine tools, tooling and related technologies, so has more of a focus on the market trends rather than the manufacturers perspective in CECIMO.
The State of Trade Report summarises the economic situation and the current trends for the machine tool and cutting tool market; it covers 15 countries, 10 of which are members of CELIMO.
During the meeting, there was a more detailed Economic Presentation which expanded on the State of Trade Report and also includes presentations from the individual countries represented.
The State of Trade Report is available below but the more detailed Economic Report is only for MTA Members – you can access this in the Members Area of the MTA website at https://www.mta.org.uk/members-area/market-intelligence/global-mt-report/ (it is currently the 2nd item on this page).