spot_img
Domotex middle east 2025Domotex middle east 2025Domotex middle east 2025
Domotex middle east 2025
ITCPE 2025
Coats Gigital

ITALIAN TEXTILE MACHINERY: FOURTH QUARTER ORDERS DROP

The orders index for textile machinery for the period ranging from October to December 2018, as compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, fell compared to the same period for 2017. The index value stood at 101.9 points (basis: 2015 =100).

Orders gathered by Italian machinery builders were thus negative both in Italy and abroad. On the domestic front, the index stood at an absolute value of 148 points, that is, fully 12% less than the same period for October to December 2017. However, foreign markets were even further down at -16%, with the index standing at an absolute value of 98.1 points.

ACIMIT president Alessandro Zucchi commented, โ€œThe evolution of the domestic market reflects an overall sense of uncertainty that has accompanied the new national budget legislation, not to mention the comparison with a record fourth quarter for 2017.โ€ Zucchi added that, โ€œOn foreign markets, our machinery manufacturers are having to face geopolitical situations that have considerably slowed investments. Turkey, Iran, and even China, all primary markets for our sector, have recorded a drop in demand for textile machinery, for a variety of reasons.โ€

โ€œBased on preliminary results elaborated by our Association,โ€ concludes ACIMITโ€™s president, โ€œ2018 closed with a downswing both in terms of foreign sales and total production. The overall sentiment for 2019 isnโ€™t very positive either, but the entire sector is putting its trust in ITMA, the primary trade fair for the entire world textile machinery industry, held every four years. This year, the fair will be held in Barcelona from 20 to 26 June. It could very well present an opportunity for a revival of the entire sector.โ€

ITALIAN TEXTILE MACHINERY: FOURTH QUARTER ORDERS DROP

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img

Related News

Fashion Meets Technology: Zรผnd Presents Innovative Cutting Solutions at SAMAB

Zรผnd will present its innovative complete systems for textile...

Jeanologia Empowers The Next Generation Of Textile Leaders At The NextGen Summit

In 2025, Jeanologia celebrates its 30th anniversary, marking three...

The Heritage: The Virtual Exhibition of Italian Textile Machinery Industry Has Been Launched

A virtual exhibition retracing the history of the Italian...

What is Rotascreen.TG Printing Technology?

Zimmer Austriaโ€™s ROTASCREEN.TG is a revolutionary rotary screen printing...

Zimmer Austria Equips Pincroft Dyeing and Printing with Cutting-Edge Rotary Printing Technology

Zimmer Austria, a global leader in textile printing innovation,...

Tonello Dryers: Smart Drying, Exceptional Savings

Tonello is revolutionizing the world of industrial drying with...

Chinaplas 2025: Highly Efficient PP Tape Production and Food-Contact Plastics Recycling

Starlinger & Co GmbH puts the focus on its...

Webinar: โ€˜Sustainable Textiles, Smarter Solutionsโ€™

The webinar "Sustainable Textiles, Smarter Solutions" brought together key...
ร—