BFPA Statistics update

27 Jul 2022

CETOP Annual Product Survey Results for 2021

BFPA exchanges high level data with CETOP, and in return gains access to European and ROW fluid power statistics. The 2021 ISC/CETOP Annual Survey results are now available (although not all countries have reported yet) and can be downloaded from the Members Only pages of the BFPA website. The ISC statistics for 2021 (USA, China, Taiwan, Japan) have not been received yet.

CETOP General Assembly

The 2022 CETOP General Assembly took place in Antwerp, Belgium on 15 June 2022. Two presentations made at the event can be downloaded below:

CLICK HERE to view the presentation: From cold war to stagflation, are we again back to the future? by Prof. Etienne de Callataÿ, Chief economist, Orcadia AM, and guest lecturer, Université de Louvain et Université de Namur

CLICK HERE to view an update on the CETOP’s Commission’s Work (Economic, Education matters, Marketing and Communication, Technical)

Quarter Two Industry Trend Surveys, Salary and Benefits and Hydraulic Power Pack Surveys underway

The Quarter 2 2022 BFPA and BFPDA surveys are underway. It would be good to see as many companies as possible sharing their experiences and views on the outlook which you can do by replying to the survey please do respond. Do consider replying to our 2022 Salary and Benefits Surveys to keep up to date with what others are offering in the industry. Our short Hydraulic Power Units (HPU) survey for last year (2021) has also been sent out to both BFPA and BFPDA members – this survey includes refurbished HPUs as well as AC and DC units.

CBI Industrial Trend Survey Summary

BFPA subscribes to the CBI’s Industrial Trends Surveys – below is the Executive Summary for Q2 2022, with the full summary to be included in the Q2 BFPA survey results:

Growth in manufacturing output and orders slowed to post-lockdown lows in the quarter to July, returning to more typical rates following a period of strong growth. Costs and prices continued to rise at a rapid rate, although there are signs that the growth may have peaked for now. Sentiment fell for the third consecutive quarter, but investment intentions recovered. Employment in the sector continued to rise, though concerns over labour shortages remain acute. Source: CBI Industrial Trend Survey July 2022

Please contact Sarah Gardner if you need your Members Only login details or for further information on any of the BFPA surveys on sarah@bfpa.co.uk or 07423 616657