Italian Textile Machinery: Second Quarter Growth Thanks To Foreign Markets
MILAN — July 2013 — During the second quarter of 2013, new orders for textile machinery, as
elaborated by ACIMIT's economics and press department, showed signs of growth compared to the same
period for 2012 (+12%). The absolute index stood at 92.2 points (basis 2010=100).
These figures are the result of a growing rate of new orders abroad (+14%), and a stable domestic market (-1%). Compared to the previous economic quarter, the orders index appears to have improved both domestically and abroad.
ACIMIT President Raffaella Carabelli confirms, "Overall figures show a definite improvement with respect to the previous quarter. Italian manufacturers appear to have found largely more favourable conditions abroad during this part of the year. Sales of Italian machinery were up in Turkey, India, Germany and the Unites States. This includes secondary markets such as Pakistan, Bangladesh and Mexico, where our producers are finding fertile territory. As for the Chinese market, we're all waiting for it to rebound".
ACIMIT's recent exploratory missions in Myanmar, Mongolia and in Ethiopia have confirmed existing business opportunities, even in markets that are currently not yet established.
Posted July 30, 2013