Home / Knowledge / News / Textiles / Textile machinery industry exports 77% of production
Textile machinery industry exports 77% of production
Apr '08
In 2007 the Italian textile machinery industry saw its production increase by 3% compared to the previous year, thanks above all to growth in domestic market.

The value of this economic surge translates into just under 2.8 billion Euros. The export market held on well with respect to 2006, in spite of an overall performance that fell short in some of the major foreign markets (China and India).

The percentage of exports on Italian production of textile machinery remains significant (77%). Forecasts for the current year are being hurt somewhat by the value of the Euro, which remains strong in international money markets, and represents a primary cause for concern among Italian machinery manufacturers for 2008.

This overall positive result for 2007 derives primarily from a recovery in the domestic market, where deliveries by Italian machinery manufacturers surged by 8% on an annual basis.

The resurgence in investments on the part of Italy's textile sector has also been confirmed by import trends, whose value for 2007 exceeded 630 million Euros, with an increase of 10% over 2006.

Abroad, the primary markets for Italian manufacturers remain China, where total sales of machinery reached 360 million Euros, followed by Turkey (202 million Euros), and India (135 million Euros).

Only the Turkish market, however, registered an increase in exports (+14%). As for China, Italian exports remained stationary compared to 2006 (-1%), while India exhibited a heavy drop in overall volumes for Italian machinery (-26%).

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Wendell Rodricks
Wendell Rodricks

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

Igor Chapurin

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

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search