At the upcoming edition of Colombiatex, to be held in Medellin, Colombia from January 24 to 26, 2017, Italian textile machinery manufacturers are once more expected to stand out, with twenty industry leaders exhibiting in the common area set up by the Italian Trade Agency and ACIMIT.
Techtextil North America is the ONLY trade show in the Americas dedicated to technical textiles and nonwovens. At this year's edition Italy will be in full force present with an Italian Pavilion, organized between the Italian Trade Agency and Italy's Textile Machinery Manufacturers' Association - ACIMIT.
Vietnam has by now become a major market for textile machinery manufacturers. Having emerged as an important manufacturing hub for the garments sector, thanks to low labour costs, the Country has now received a further boost for developing its textile industry, through the free trade agreements recently signed with the European Union and United States.
In the last quarter of 2015, Italian textile machinery manufacturers received a boost from their export markets, but in domestic markets, positive order trends received a setback. As per an Association of Italian Textile Machinery Manufacturers (ACIMIT) press
ITMA has been the world’s most established textile and garment machinery exhibition since 1951. Over the years, it has been a catalyst for change and competitiveness for the industry. The drive towards sustainability in the entire textile and garment value chain is increasingly integrated with enlightened business practices, and innovative technology holds the key to environmental sustainability.
For the third quarter of 2014, orders for Italian textile machinery manufacturers grew compared to the previous quarter. Economic data from industry surveys conducted by ACIMIT, representing the textile machinery sector, indicate a 4% increase. The value of the orders index for the period from July to September came in at 89.8 points (basis 2010=100).
Orders of Italian textile machinery are on the rise for both the domestic and foreign markets. ACIMIT's President Sandro Salmoiraghi stated "What's needed now is to boost investments in capital goods and work together in foreign markets."
Italy's association for textile machinery, ACIMIT, reported textile machinery orders for the third quarter of 2012 grew by eight percent (8%) over the previous quarter, for an absolute value of 108.2 points (2005=100). A comparison with the same period in 2011 showed an even greater increase (+53%), a positive result which is due solely to orders originating from foreign markets, whereas the situation in Italy highlighted a decidedly opposite and negative trend.
For Italian textile machinery, 2012 begins with greater stability than the previous year. In fact, in the first quarter of the year, orders are up by a modest 2% compared to the last three months of 2011. According to joint surveys conducted by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the overall orders index for the January- March 2012 period shows an increase of 2% over the previous quarter with a value of 91.2 points.