The figures for July-September 2020 clearly reflect what’s happening in this key segment of the Italian mechanical engineering industry. In general, the orders of machinery and tools for wood and furniture are recording a decreasing trend below expectations, which indicates a partial improvement of the economic situation compared to the previous quarters, strongly impacted by the lockdown.
The July-September period reaffirmed the current industry trend, characterized by consolidation after strong growth in 2017. After major investments in Italy and abroad in recent months, woodworking and wood-based materials companies finally have a new and updated fleet of equipment. As a result, the need to invest is now decreasing.
The 2018 edition of Xylexpo is going to be a milestone in the 50-year success story of the event: the area has been virtually sold out for a few weeks now and, with the addition of a fourth hall, the exhibition will get close to 35 thousand net square meters, a significant progress from 29,189 in the previous edition, when the area expansion amounted to two thousand square meters compared to 2014.
The year 2015 will not be remembered as a season of records, but for the Italian woodworking technology industry the past twelve months were undoubtedly better than expected. The trends based on the positive figures of the preliminary balance published by the association in mid-December (for convenience, see the table in the left column of this press release) will probably be revised upwards, although it should be noticed that most orders coming in the fourth quarter will generate revenues in 2016.
Watch the Wood Industry magazine interviews with Carlo Alberto Strada from ACIMALL and James Johnson from Machines Italia Canada filmed at the Woodworking Machinery & Supply (WMS) conference and expo that took place at the Internationa Centre in Mississauga, Ontario from November 5 to 7, 2015...............
The technology training centers were created with the principal objective of positioning Italy within those countries in economic ascension. They not only illustrate Italy as a dependable provider of machinery, but as well as a qualified intermediator in training and project development on specification.
Italian capital goods represent the best of what's "Made in Italy" to the world market.
Advanced technologies, innovative solutions, flexibility and creativity are the pillars of strength that characterize what Italy has to offer.