Acimall announces an excellent Q1

 Monday, June 6, 2022

Despite significant challenges, Acimall assures an excellent Q1 for woodworking technologies. The first quarter 2022 surpasses all apprehensions and recorded excellent business for the wood and furniture technology industry. This is the evidence of the quarterly survey made by the Studies office of Acimall – the Confindustria member association that gathers the Italian manufacturers of machines, tools and equipment – on a significant sample for the domestic production.

After closing 2021 with really extraordinary production figures (up by 36.9 percent compared to 2020 and 11.6 percent over 2019), the year that has just started seems well on the way to keep a positive trend.
In the January-March 2022 period, orders increased by 21.7 percent over the same quarter of 2021, as a result of 35.1 percent expansion on the domestic market – still showing high propensity to invest– and a moderate 3.3 percent growth recorded by export.

“We are paying a high fee for the difficult situation of purchasing and supply chains”, said Luigi De Vito, president of Acimall. “The global economic and production system is facing a situation that has been worsened by the war in Eastern Europe, as well as the enduring uncertainty about possible pandemic developments in the second half of the year”.

The opinions collected by the quality survey are basically stable. 48 percent of the sample expects the positive trend of production to continue (versus 57 percent in the previous quarter); 52 percent expect substantial stability (43 percent in October-December 2021). Employment is on the rise according to 38 percent of the sample (versus 57 percent in the previous quarter), stable according to 62 percent (43 percent in October-December 2021). Stocks are stable according to 33 percent of the interviewees, increasing for 48 percent, decreasing for 19 percent.

Compared to the past, less optimism is emerging from the forecast survey: on foreign markets, 48 percent of the sample expects a period of stability (versus 76 percent in the previous quarter), 33 percent see further expansion (versus 24 percent), while 19 percent fear shrinkage. The domestic market will remain at the current level according to 43 percent of the interviewees (versus 66 percent in the previous survey), it will keep growing according to 33 percent (29 percent in the final quarter 2021), and it will decrease according to 24 percent (5 percent in October-December 2021).

Tags: ACIMALL, Italy, wood, wood and furniture, woodworking and manufacturing, woodworking industry, woodworking processing, woodworking technologies