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Orders plummeted MOM and YOY
Powder Bulk Solids Staff
September 19, 2022
1 Min Read
CEMA reports monthly conveying equipment orders and sales dropped in July.Image courtesy of Conveyor Equipment Manufacturers Association
The Conveyor Equipment Manufacturers Association (CEMA) reports that its July 2022 booked orders decreased by 55.84% when compared to July 2021 and 52.22% compared to June 2022 booked orders.
June 2022 booked orders had increased 39.58% compared to May 2022. July 2022 booked orders for Bulk Handling Equipment decreased 15.06% compared to June. July 2022 booked orders for Unit Handling Equipment decreased 63.39% when compared to June 2022.
CEMA’s July 2022 billed sales (shipments) decreased by 16.99% compared to July 2021. July 2022 billed sales decreased 30.85% compared to June 2022. This contrasts with the June 2022 increase of 32.3% when compared to May 2022.
July 2022 billed sales for Bulk Handling Equipment decreased 27.62% when compared to June 2022. The Bulk Handling decrease follows a 12.59% increase for June 2022 vs. May 2022. July 2022 billed sales for Unit Handling Equipment decreased 31.58% when compared to June 2022. The billed sales for Unit Handling’s decrease compares to an increase of 37.8% for June 2022 vs. May 2022.
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