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Italy's textile machinery orders increased by 18% year-on-year in 2017

Italy's textile machinery orders increased by 18% year-on-year in 2017

  • Categories:Trends
  • Author:
  • Origin:
  • Time of issue:2018-06-12
  • Views:65

(Summary description)The textile machinery order index compiled by the Association of Italian Textile Machinery Manufacturers (ACIMIT) shows an average increase of 18% in 2017 compared with 2016.

Italy's textile machinery orders increased by 18% year-on-year in 2017

(Summary description)The textile machinery order index compiled by the Association of Italian Textile Machinery Manufacturers (ACIMIT) shows an average increase of 18% in 2017 compared with 2016.

  • Categories:Trends
  • Author:
  • Origin:
  • Time of issue:2018-06-12
  • Views:65

The textile machinery order index compiled by the Association of Italian Textile Machinery Manufacturers (ACIMIT) shows an average increase of 18% in 2017 compared with 2016. Not only did Italy's domestic orders have increased significantly by 36%, but foreign markets also increased by 16% in annual orders.

From October to December 2017, the order index increased by 29% year-on-year to 120.9 points (100 in 2010). For the export market, the absolute value of the index is 128 points (+23%), while the absolute value of the Italian domestic market is 72%, and from October to December 2016, the absolute value of the index is 94.5 point.

Alessandro Zucchi, Chairman of ACIMIT, commented: “The order index in 2017 confirms that our industry is in good condition, and the production trend has been growing since 2015. At present, the textile industry is more focused on researching the applications provided by Industry 4.0 than ever before. 。Industry needs are constantly evolving, and the market’s concept of time is extremely treated. The required production processes must be fast and interconnected to meet the needs of end consumers. Nevertheless, it is hard to imagine that 4.0 incentives will produce such significant Leverage effect."

ACIMIT represents about 300 Italian textile machinery manufacturers. It is estimated that in 2017, it has produced machines worth 2.7 billion euros, and its exports accounted for more than 85% of total sales.

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