As a result of the cancellation of key industry in-person exhibitions dedicated to the Textile Machinery, this year the Italian Trade Agency and ACIMIT, the Association of Italian Textile Machinery Manufacturers, are digitally attending Innovate Textile & Apparel, the first ever innovation-based virtual
The index of orders intake for Italian textile machinery, as compiled by ACIMIT, fell by 47% for the period April-June 2020, compared to the same period in 2019, with orders falling both abroad and in Italy. A 44% decrease in orders was recorded in foreign markets, whereas the domestic market showed a 62% drop compared to the second quarter of the previous year.
New orders for Italian machinery manufacturers were negative both in foreign markets and in Italy. Abroad, an 8% decrease was recorded, with an absolute index value of 98.9 points. The drop in domestic orders was even more pronounced, at -22% compared to the third quarter 2018. The absolute value of the index was 94.9 points.
Italy’s presence at the world’s most important trade fair dedicated to textile machinery, ITMA, which opens its gates on June 20 in Barcelona for its 18th edition, will be, as in previous editions, absolutely imposing, numbering some 360 exhibitors.
The order index for Italian textile machinery carried out by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for 2019 January-March period ranging from January to March 2019 dropped 3% compared to the same period of the previous year.
The orders index for textile machinery compiled by ACIMIT, the association of Italian textile machinery manufacturers comprising of 300 companies, for the period between July-September 2018, has remained stable compared to the same period for 2017. While machinery orders received by ACIMIT members increased in Italy, there was a fall in export markets.
According to data elaborated by ACIMIT, the Association Italian Textile Machinery Manufacturers for the period from July to September, the orders index for textile machinery has risen by 6% compared to the same period in 2016. The index has a value of 107.3 points (2010 basis = 100). In further detail, foreign markets have shown a 6% increase, with the index reaching a value of 119.4 points.
According to data compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the order index for textile machinery during the period from April to June rose by 26% compared to the same period in 2016. The value of the index stood at 117.3 points (basis: 2010=100).
There’s innovation in the future of the Italian textile machinery, thanks in part to the stimulus provided by Industry 4.0, as stated at the Assembly held by the industry association ACIMIT by President Raffaella Carabelli, presenting the figures for the sector. In 2016, Italy’s production of textile machinery rose 5% compared to 2015, thereby reaching a value of 2.7 billion euros. During the same period, exports grew by 4%, amounting to 2.3 billion euros.
At the upcoming edition of Colombiatex, to be held in Medellin, Colombia from January 24 to 26, 2017, Italian textile machinery manufacturers are once more expected to stand out, with twenty industry leaders exhibiting in the common area set up by the Italian Trade Agency and ACIMIT.