Curtis Wool Direct

Italian Textile machinery orders on the rise

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

The orders index for textile machinery grew during the fourth quarter of 2015, mainly due to a boost in exports to foreign markets. Based on the survey conducted by ACIMIT, the Association of Italian Textile Machinery Manufacturers, during October-December 2015 the order intake for machinery manufacturers increased by 2% compared to the same period of the previous year.

However, growth was observed in foreign markets only, where the index registered an absolute value of 99.3 points (+3%). In Italy, the index had an absolute value of just 46.5 points, an 11% drop over the same quarter for 2014, bucking the trend of the previous two quarters.

ACIMIT president Raffaella Carabelli commented the index data as follows: “I believe it’s important to have closed out 2015 with an overall increase in the order intake. This is a positive result that may be further strengthened over the first half of 2016 if the numerous contacts confirmed at ITMA 2015 materialize. As for the domestic market,” continues Carabelli, “we weren’t expecting this sort of setback after two positive quarters. However, the year-end trade fair has confirmed the many signs of recovery, even for Italy, which now need to be verified in early 2016.”

Meanwhile Italian export figures, updated to the first ten months of 2015, confirm the current positive trend under in orders. “We witnessed a recovery in the Chinese market for the second half of 2015,” states ACIMIT’s president, “and generally speaking, the Asian markets account for growth in our sales (India, Bangladesh, Pakistan and Vietnam).”

In 2016, with the support of the Ministry of Economic Development and Italian Trade Agency, ACIMIT aims to further push its internationalization efforts. Around twenty countries/markets will be touched by promotional initiatives favouring the penetration of Italy’s textile machinery sector. Among these are projects in Sub-Saharan Africa and Iran, areas which, as ACIMIT points out, Italian businesses are approaching for the first time or after years of partial closure.

Source: ACIMIT

Share This Article

Comments are closed.

New Zealand
South Africa
Wool Promotion
Buy Alpaca from
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 Logistics
Wool Grease
Wool Products Online
Second Hand Textile Machinery