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The manufacturing gateway to local, national and international markets

Manufacturer's Monthly

The top sectors within the local manufacturing industry are Food and Beverage, Machinery and Equipment and Fabricated Metal Products, collectively adding $545 million to the Australian economy. In 2023, 842 local manufacturing businesses provided over 9000 jobs to the rapidly growing local workforce.

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Equipment and technology investments among top priority for food manufacturers – says survey

AU Manufacturing

According to Felicity Parker, foodpro event and product manager, the FMCG sector experienced growth from 2020 to 2023. Here in Australia, we saw empty market shelves as a result of sea freight disruption coupled with panic and bulk buying behaviour,” she said. For more information, visit foodproexh.com.

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Signs of Australian trade rebound while New Zealand still struggles

AU Manufacturing

For time-sensitive goods such as fresh produce, some New Zealand shippers are switching to air freight to mitigate export delays. According to Maersk, New Zealand ports are expected to continue suspending berthing windows until March 2023, with Auckland waiting time remaining at 4-5 days. About project44.

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Commodity prices rise; engineering resins drop

Plastics News

Strong seasonal demand for bottled water and other beverages played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges. Even with those declines, North American PET prices finished 2022 showing a net increase of 16 cents.

Sourcing 110
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Geared products market to grow by 7.2% in 2022

Control Engineering

Following a slowdown in sales this year from 2021’s rapid growth rate, 2023 is expected to see sales decline by 0.9%. Steep drops in commodity and freight costs in 2023 are expected to push down prices significantly. Geared product insights. Prices rose by 7.2% in 2022 and are projected to decline by 0.9%

Freight 52
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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

There is a real short-term increase in the cost of international freight.” ” [Food, Beverage & Tobacco Products] “U.S. percent increase over 2023. Reduction from the second half of 2023 has continued into this year. WHAT RESPONDENTS ARE SAYING “The start of 2024 looks good.

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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

4, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in December for the second consecutive month following a 29-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. ” [Food, Beverage & Tobacco Products].