For 2015 third quarter, the textile machinery declined slightly (-2%), with external orders especially falling. The domestic market, on the other hand, was on the rise. Ms. Carabelli, President of ACIMIT, the industry’s association, explains, “What we’ve seen in Italy is the bucking of a trend, and this is a good omen for ITMA Milan.”
The value of the orders index for the period ranging from July to September thus stood at 86.9 points (basis 2010=100).
After signs of a recovery observed during the previous quarter, Italy’s domestic market took one more step forward, with a domestic order index that jumped up 44 per cent compared to the same period for 2014. However, in the foreign markets, after four consecutive periods of growth, orders appear to have suddenly fallen short. Indeed, the index of orders has decreased by four per cent. Weighing down on this negative performance is lower than expected demand from two of the world’s major textile manufacturing markets, China and Turkey.
“As was the case three months ago, I find myself commenting on a positive situation for our domestic market,” observes Ms. Carabelli. “We therefore have confirmation of the validity of the instruments put in place by Italian authorities, promoting investments in machinery and technology, including in the textile industry.” These figures appear to represent a good omen for the coming edition of ITMA.
