Curtis Wool Direct

Italian Textile Machinery Orders Intake Down

Buy and sell wool 24 hours a day, 7 days a week from anywhere in the world. Click here.

Italian textile machinery orders, as elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from April to June 2019, fell by 19% compared to the same period in 2018. The index orders value came in at 84 basis points (2015=100).

 

Orders for Italian machinery manufacturers were negative in foreign markets, with a 21% decline and an absolute index value of 78.6 basis points. On the domestic front, on the other hand, orders remained stationary compared to the second quarter 2018. The absolute index value came in at 140.1 basis points.

 

ACIMIT President Alessandro Zucchi thus commented the economic situation, “The orders index as compiled by our Economics Department perfectly reflects the situation that we as entrepreneurs have found in many markets in this first part of the year. The uncertainty due to a tension-laden geopolitical situation was further weighed down for our sector by the awaiting of ITMA, the world’s premier textile machinery fair, which took place in Barcelona last June.”

 

ITMA is our industry’s main showcase, held every four years to present the most innovative textile technology solutions,” explains Zucchi. “Many of our customers have postponed investments to await news presented at the fair.” The level of success, measured in terms of overall visitors and contacts recorded by Italian machinery manufacturers during the event, lends a positive note for year-end growth on foreign markets.

Share This Article

Argentina
Australia
Britain
Canada
Falkland Wool
Germany
Italy
New Zealand
South Africa
Uruguay
Wool Promotion
Buy Alpaca from
Mohair
Wool & Specialty Fibre
Tops & Yarn Dyeing
Wool & Top Treatment 
Buy Yarn From
Textile Machinery
Wool Magazines

Interested in reaching buyers in China? Advertise in wool2yarn China magazine and reach major importers of wool and speciality fibre, topmakers, spinners, weavers and textile companies in China, in their own language, breaking down the language barrier. This publication is circulated to 5000 major textile companies in China, Hong Kong and Taiwan and is a buyer’s guide and information source for the year ahead. See More.


Reach buyers in 58 countries – advertise in wool2yarn global magazine. Published once each year (September) it is circulated to over 5000 textile companies. Readership includes importers of wool and speciality fibre, topmakers, spinners and weavers, manufacturers of yarn, knitwear, carpet, and blankets, producers and importers of fabrics, bedding products, garment manufacturers, and brands and retail chains. See more.

Wool Reports
Buy Wool, Wool Tops, Yarn Online
Wool Testing
Wool Grease
Wool Products Online
Second Hand Textile Machinery