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AUMA, the Association of the German Trade Fair

Industry, reports stronger growth for the German

trade fair industry in 2015 than in the previous year.

Based on preliminary calculations of AUMA –

respective to previous events – around 1.5% more

exhibitors took part at the 164 international and

national trade fairs in Germany in 2015. The rate of

growth in the numbers of exhibitors thus held steady

at the prior-year level. The number of exhibitors grew

at an above-average rate once more, by nearly 4%.

The numbers of visitors was up more steeply than in

the previous year (0.3%) and averaged 2% higher

– in spite of numerous strikes in the transport sector.

Bookings of exhibition space also grew at 1.5%,

which was considerably higher than the previous

year’s growth (0.3%).

The number of outbound fairs by German trade fair

organisers continues to grow steadily. The number

increased significantly in 2014 (2013: 277, 2014:

306) and increased in 2015, albeit less steeply, to

315. AUMA expects a further increase in 2016, to

319 outbound trade fairs. The regional focus remains

on South, East and Central Asia, followed by the

non-EU countries of Europe.

AUMA forecasts growth on a similar order of

magnitude in exhibitors, visitors and area figures for

2016. A survey by AUMA within the framework of

the association survey of the Institut der Deutschen

Wirtschaft (IW) also found that trade fair organisers

expected overall sales for domestic and outbound

business, adjusted for cyclical effects in fair pro-

grammes, that were slightly higher than the result

for 2015.

A. General macroeconomic conditions

B. Industry conditions

The global economic trend in 2015 was not

dynamic. Based on an assessment by the German

Federal Ministry for Economic Affairs and Energy

(BMWi), it was particularly the slowed expansion in

emerging markets that contributed to this develop-

ment. The International Monetary Fund (IMF) has

calculated global economic growth of 3.1% for

2015, a figure 0.4 percentage points lower than

forecast a year ago. For 2016 and 2017, the IMF

expects an increase of 3.4% and 3.6% respectively.

The IMF forecasts slight growth for the Eurozone.

Following economic growth of 1.5% in 2015, it

predicts an increase of 1.7% for 2016. At 4.0%, in

2015 the economies of the developing and emerging

countries grew less than the IMF had forecast

(4.3%). It thus stands at its lowest point since the

financial crisis of 2008/2009. The Fund predicts an

increase of around 4.3% for 2016, and of some

4.7% in 2017.

According to the German Federal Statistical Office,

the economic situation in Germany in 2015 was

characterised by solid and steady economic growth.

With a plus of 0.3% in each of the third and fourth

quarters and 0.4% in each of the first two quarters,

the average increase for 2015 on the whole stands

at 1.4%. The Statistical Office reported positive

impulses coming particularly from the domestic

market: The state increased its consumption outlays

significantly by 1.0%, and household spending rose

again slightly, by 0.2%. The trend in investments,

particularly in buildings, was positive. According to

the Annual Economic Report 2016 completed on 27

January 2016, the German federal government

expects growth in gross domestic product of around

1.7% during the fiscal year currently under way. The

IMF predicts economic growth in Germany of 1.7%

each year in 2016 and 2017.

01. General macroeconomic and industry conditions

II. Economy Report