Italian Textile Machinery: 2016 closes with growth in new orders
The orders index for textile machinery compiled by ACIMIT,
the Association Italian Textile Machinery Manufacturers, for the
period from October to December 2016 rose by 5% compared to the
same period for the previous year. The value of the index thus
came in at
points (basis: 2010=100).
This growth affected both the foreign markets, where the
index registered an absolute value of 103.4 points (+5%) and
Italy. In this case, the increase compared to the period from
October to December 2015 was 16%, with an absolute value for the
index of 55.7 points.
On an annual basis, and compared to 2015, the index
registered an average increase of 4% (absolute value: 95.2).
Domestic sales were up significantly, rising by 14% (absolute
index: 55.2), confirming the vigour of the Italian market.
Foreign markets recorded a more contained increase in orders
(+3%, for an absolute value of 104.0).
The president of ACIMIT, Raffaella Carabelli, commented on
the results: “The data for the index for the last quarter of
2016 confirm a year we can certainly define as positive, with an
overall growing orders index.”
Data for Italian exports, updated to the first nine months of
2016, confirm a positive trend, with a 3% increase compared to
the same period of 2015. “In spite of our far from brilliant
export performance in the world's three major markets, China,
Turkey and India, our sales are nonetheless growing in
Bangladesh and Pakistan, as well as in North America and
Europe,” concluded ACIMIT’s President.
Index of orders at constant value (BASIS 2010=100)
The outlook for 2017 appears to be dynamic, despite the
current geopolitical uncertainties. For its part, with the
support of the MISE and ICE-Agency, over the course of the year
ACIMIT will continue to push forward in promoting
internationalization, as over 20 Country/markets will be the
object of promotional initiatives aimed at the penetration of
Italy’s textile machinery sector. Among these initiatives are
projects laid out for Sub-Saharan Africa and Iran, both areas in
which ACIMIT is insistently promoting its activities for growth.