Italy Witnessing Progress in Machinery Orders

Published on : Thursday, March 6, 2014

AcimallThe Italian woodworking machinery sector is witnessing some serious revamp in order intake considering the figures of 2013. The quarterly statistics revealed by Acimall show a 2.7% decline in the number of ordering in the first quarter of the previous year. (in Italy: -2.4 %; abroad: -2.8 %). The second quarter also ended with a slight 1.1 % downturn (in Italy -1.4 %; abroad -0.9 %).

 

The third quarter then ushered in an improvement compared with the same stretch in 2012. Total order intake jumped 3.0 % on the back of an unexpectedly strong 14.4 % rise in domestic ordering, although foreign business remained slightly in the red at -0.3 %. The situation did an about-face in the fourth quarter. While domestic demand declined 5.7 % compared with the same stretch in 2012, orders from outside Italy were up 7.3 %. Total order intake thus swelled 4.8 %.

 

In another recent report published by Acimall the Italian industry of wood and wood-based materials technology achieved a 4.8% increase compared to the same period of the previous year. Foreign orders grew by 7.3%, while the domestic market decreased by 5.7%. The book of orders is at 2.2 months, while prices have been growing by 1% since the beginning of the year. In the October-December 2013 period, turnover increased.

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