Manufacturing export orders fall

22 January 2013
By Sofia Mitra-Thakur
Mobile version
Share |
The decline for the three months to January dashed industry expectations for an improvement

The decline for the three months to January dashed industry expectations for an improvement

The continued struggle of UK manufacturers was highlighted today as figures showed another drop in export orders amid weakening eurozone demand.

The decline for the three months to January dashed industry expectations for an improvement and came as the latest quarterly survey by the CBI business lobby group showed disappointing output growth for the period.

There was some encouragement in the report, however, as more firms expect both orders and output to rise moderately over the next three months.

Out of 389 manufacturers, 25 per cent of respondents to the CBI's industrial trends study said new orders rose, while 28 per cent said they fell. 

The resulting rounded balance of minus 4 per cent compared with expectations for an improvement of plus 8 per cent.

The balance for export orders fell for the third consecutive quarter, although the decline was at a slower rate than previously.

Output growth was broadly flat for the second consecutive quarter, the CBI added.

Anna Leach, its head of economic analysis, said: "While domestic demand and business optimism have steadied, export demand remains a concern for manufacturers, with orders continuing to fall, albeit at a slower rate.

"There are encouraging signs of stability in overall demand, however, with domestic orders, export orders and production expected to rise in the quarter ahead."

Samuel Tombs, UK economist at consultancy Capital Economics, said: "Amid continuing signs that the eurozone's recession is deepening, 2013 looks set to be another tough year for UK manufacturers."

Latest Issue

E&T cover image 1604

"Should the UK's engineers be in or out of Europe? The IET sets out its official position on the EU referendum this week - will you agree?"

->

E&T jobs

  • Solutions Engineer

    Bristol Water
    • United Kingdom
    • £41,000 - 49,000

    We serve a population of over one million people and all the associated businesses in an area of 1,000 square miles centered on Bristol.

    • Recruiter: Bristol Water

    Apply for this job

  • Senior Mechanical Engineer

    Bristol Water
    • United Kingdom
    • £41,000 - 49,000

    We serve a population of over one million people and all the associated businesses in an area of 1,000 square miles centered on Bristol.

    • Recruiter: Bristol Water

    Apply for this job

  • Software Renewals Manager

    BAE Systems
    • Preston, Lancashire, England
    • Negotiable

    Software Renewals Manager Would you like to work in a resourceful and developing role within IT Services? We currently have a vacancy for a Software Renewals Manager at our site in Preston Channel Way. As a Software Renewals Manager, you will be responsi

    • Recruiter: BAE Systems

    Apply for this job

  • Technical Manager

    Aggregate Industries
    • Hulland Ward, Ashbourne
    • Attractive salary plus comprehensive benefits

    A key Technical Manager role driving product improvement and compliance with Aggregate Industries, market leader in Construction Solutions.

    • Recruiter: Aggregate Industries

    Apply for this job

  • Field Application Engineer

    Intel
    • Madrid

    Responsible for giving product presentations to the customer describing how Intel products provide the optimum solution to their application.

    • Recruiter: Intel

    Apply for this job

  • Engineers and Scientists

    European Patent Office
    • Munich and The Hague
    • See job description

    We are looking for Engineers and scientists in various technical fields for our locations in Munich and The Hague.

    • Recruiter: European Patent Office

    Apply for this job

  • Director of Product Management

    EMS Recruitment Group
    • West Yorkshire
    • Circa £70,000 PA + car allowance, excellent benefits including lucrative bonus scheme

    Our client is the undoubted world leader in their field. A highly innovative and progressive specialist electro-mechanical product manufacturer....

    • Recruiter: EMS Recruitment Group

    Apply for this job

  • Electrical Engineer

    Premium job

    Scottish Prison Service
    • Edinburgh, City of Edinburgh
    • £40,654 to £48,579 plus annual supplement of £10,000

    Build Your Engineering Career. The Scottish Prison Service (SPS) is an Agency of the Scottish Government, working in partnership.....

    • Recruiter: Scottish Prison Service

    Apply for this job

  • Sales Electronics Engineer

    Premium job

    Precision Microdrives
    • London (Greater)
    • £25,000 - £30,000 starting salary, inclusive of on-target commissions.

    Precision Microdrives (PMD) is a fast growing technology company that designs, produces and trades miniature electro-mechanical mechanisms

    • Recruiter: Precision Microdrives

    Apply for this job

  • Installation and Commissioning Engineer

    Premium job

    Crest Solutions
    • Corby
    • Competitive

    You will be involved in installation, commissioning & servicing of printing and machine vision related solutions.

    • Recruiter: Crest Solutions

    Apply for this job

More jobs ▶

Subscribe

Choose the way you would like to access the latest news and developments in your field.

Subscribe to E&T