Home / Knowledge / News / Textiles / Textile machinery orders index up 6% in Q2 - ACIMIT
Textile machinery orders index up 6% in Q2 - ACIMIT
05
Aug '14
For the second quarter of 2014, the textile machinery orders index elaborated by the research department at ACIMIT (the Association of Italian Textile Machinery Manufacturers), recorded a 6% increase compared to the previous quarter, for an absolute value of 86 points (basis: 2010=100).

Orders of textile machinery for the second quarter of the year showed an increase, thanks to demand from foreign markets. Raffaella Carabelli, President of ACIMIT: “Good results from abroad, but we’re still concerned about poor domestic demand.”

This growth in orders came entirely from the foreign markets, for which an increase of 8% was recorded for the period from April to June, with the industry index of 92.1 points. For its part, the domestic market showed a decline in order intake for the second quarter (-9% over the previous quarter), after a start of the year that appeared more dynamic.

“Following a less than positive first quarter, foreign demand now appears to be experiencing a resurgence.” comments ACIMIT President Raffaella Carabelli, “We were able to ascertain this at the recent ITMA Asia, held in June in Shanghai. The numerous contacts that came in, not just from China but also from other southeast Asian Countries, reflect a willingness on the part of investors to revitalize their operations, in an area that is so important for our sector.”

Data from ISTAT relative to Italian exports of textile machinery elaborated by ACIMIT also pointed to a 9% increase for the year’s first quarter compared to 2013. Sales of Italian machinery are still in decline in China (-3%) and India (-13%), but growth has been recorded in other primary export markets: Turkey (+24%), United States (+46%), Bangladesh (+37%).

However, statistics from the domestic market are not at all encouraging, and a comparison with the previous quarter shows a marked deficit. “We’re still confident that the upcoming edition of ITMA, the industry’s premier trade event, to be held in Milan from 12 - 19 November 2015, will serve to kick-start growth for the entire sector,” adds ACIMIT’s President.

Regarding ITMA 2015, a total of 336 Italian machinery manufacturers have currently already confirmed their participation, for a 32% increase in terms of surface area, compared to the previous edition held in Barcelona in 2011.

ACIMIT

Must ReadView All

Textiles | On 25th Apr 2017

Greater Manchester is high on its textiles industry

Greater Manchester is witnessing a boom in textiles industry with 77...

Apparel/Garments | On 25th Apr 2017

Indian trade leaders to discuss GST, digital payments

Trade leaders from various Indian states will meet in New Delhi to...

Apparel/Garments | On 25th Apr 2017

Foreign buyers paying less for green factory apparel

International buyers are not paying enough for apparel and garments...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search