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Exports drive Italian textile machinery

Italy has recorded 12% overall growth in new orders for textile machinery for the second quarter of 2013, thanks to foreign markets (+14%) and a stable domestic market (-1%).

30th July 2013

Innovation in Textiles
 |  Milan

Sports/​Outdoor, Protective, Medical/Hygiene, Transport/​Aerospace, Clothing/​Footwear, Sustainable, Interiors, Construction, Civil Engineering, Industrial, Packaging, Agriculture

Italy has recorded 12% overall growth in new orders for textile machinery for the second quarter of 2013, thanks to foreign markets (+14%) and a stable domestic market (-1%).

During the second quarter of 2013, new orders for textile machinery, as elaborated by ACIMIT’s economics and press department, showed signs of growth compared to the same period for 2012 (+12%). The absolute index stood at 92.2 points (basis 2010=100).

These figures, ACIMIT says, are the result of a growing rate of new orders from abroad (+14%), and a stable domestic market (-1%). Compared to the previous economic quarter, the orders index appears to have improved both domestically and abroad.

Recently elected ACIMIT President Raffaella Carabelli confirms: “Overall figures show a definite improvement with respect to the previous quarter. Italian manufacturers appear to have found largely more favourable conditions abroad during this part of the year. Sales of Italian machinery were up in Turkey, India, Germany and the Unites States. This includes secondary markets such as Pakistan, Bangladesh and Mexico, where our producers are finding fertile territory. As for the Chinese market, we’re all waiting for it to rebound”.

ACIMIT’s recent exploratory missions in Myanmar, Mongolia and in Ethiopia have confirmed existing business opportunities, even in markets that are currently not yet established.

www.acimit.it

 

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