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Conveying Equipment Orders up in First Half of 2024 Compared with 2023
Month to month showed both increases and decreases for the first half of the year, however.
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Billed sales decreased 11.3% compared to the same period in 2023.Fahroni/iStock/Getty Images Plus via Getty Images
The Conveyor Equipment Manufacturers Association Inc. (CEMA) estimates that overall industry booked orders for January through June 2024 increased 13.3% compared to the first half of 2023, with total orders of $10.6 billion.
To break it down by month, February showed an increase from January 2024 by 8.28%, yet March decreased 11.73% compared to February 2024.
For industry billed sales (shipments) for January through June 2024, CEMA estimates they decreased 11.3% compared to the same period in 2023, with total shipments of $8.7 billion.
CEMA estimates industry Unit Handling orders were up 19.0% January through June 2024, while Unit Handling shipments decreased 14.9% compared to the same period in 2023.
In the Bulk Conveying sector, CEMA estimates orders were up 1.2% and shipments were down 0.2% compared to the same period in 2023.
CEMA tracks new orders and shipped sales volume in nine classes of Unit Handling equipment and four classes of Bulk Handling equipment.
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