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

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Judy Frater
Somaiya Kala Vidya

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

Yash P. Kotak
Bombay Hemp Company

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search