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Textile machinery recorded a recovery in 2006

Mar '07
The presentation of the annual ACIMIT Osservatorio on the Italian industry of textile machines offered the opportunity to show the preliminary data of the 2006 balance of the sector. The increasing order and production volumes are evidence of the recovery of the Italian textile machine sector.

During the presentation of ACIMIT Osservatorio, the survey on the economical and financial trend of Italian manufacturers of textile machinery, which took place in Milan on February 27 last, ACIMIT, the Association of Italian textile machinery manufacturers, made public the preliminary balance data for 2006.

The Italian production of textile machines recorded an increase of 4% in value on 2005, totalling 2,650 million euro. A similar increase occurred also in the exports of the sector, which attained a value of 2,100 million euro, 3% higher than in 2005. The growth of the sector is in clear opposition to the trend of past years. Moreover we have to remark the recovery of the turnover on the domestic market, as confirmed by the rising value of deliveries of the Italian manufacturers to the home market (+9%).

The positive situation is testified by the order index which ACIMIT assess every six months. In the second half-year of 2006, the global index reached 53.2 points, with a 7% increase on previous half-year.

The rise in the order collection looks particularly significant in the Italian market (+ 33%). As to the export, the figures shown by ACIMIT confirm the consistency of the major Asiatic markets (China and India). These two countries are the main destination of Italian foreign sales and take over about 30% of the export of Italian companies. The year 2006 is also characterized by a global increase in sales to Latin America and Africa.

The above mentioned figures confirm the Italian textile machine industry in a position of excellence within the Italian manufacturing system of instrumental machines, and place it among the leading players worldwide. Italy ranks second in the world export of textile machinery, outweighing countries with long tradition in the manufacture of textile machines, as Japan and Switzerland.

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