The orders index for textile machinery compiled by ACIMIT, the association of Italian textile machinery manufacturers comprising of 300 companies, for the period between July-September 2018, has remained stable compared to the same period for 2017. While machinery orders received by ACIMIT members increased in Italy, there was a fall in export markets.
According to data elaborated by ACIMIT, the Association Italian Textile Machinery Manufacturers for the period from July to September, the orders index for textile machinery has risen by 6% compared to the same period in 2016. The index has a value of 107.3 points (2010 basis = 100). In further detail, foreign markets have shown a 6% increase, with the index reaching a value of 119.4 points.
According to data compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the order index for textile machinery during the period from April to June rose by 26% compared to the same period in 2016. The value of the index stood at 117.3 points (basis: 2010=100).
There’s innovation in the future of the Italian textile machinery, thanks in part to the stimulus provided by Industry 4.0, as stated at the Assembly held by the industry association ACIMIT by President Raffaella Carabelli, presenting the figures for the sector. In 2016, Italy’s production of textile machinery rose 5% compared to 2015, thereby reaching a value of 2.7 billion euros. During the same period, exports grew by 4%, amounting to 2.3 billion euros.
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 r
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).