ACIMIT, the Association of Italian Textile Machinery Manufacturers driven by a strong performance from the domestic market has recorded a significant growth in the order index for textile machinery during the period from April to June 2017.
Specifically, there was a significant increase in orders for the domestic market, where the index stood at an absolute value of 92.9 points (+66% over April-June 2016). In foreign markets, the increase amounted to 22%, and the absolute value of the index stood at 123.4 points.
The latest statistics show that the order index rose by 26% compared to the same period in 2016. The value of the index stood at 117.3 points (basis: 2010=100).
ACIMIT president Alessandro Zucchi said that the data confirms that a recovery is currently underway for theirr domestic market. This is the third consecutive quarter that the order index is on the rise.
ACIMIT has also reported a good level of participation by its members at the forthcoming Irantex exhibition, the primary trade fair for the Iranian textile and textile machinery sector, to be held in Tehran from 4 - 7 September 2017.
Last year, the trade fair was attended by a good number of Italian manufacturers, and this yearâ€™s edition will be marked by the participation of 24 machinery producers.
Iran has always represented an important market for Italyâ€™s textile machinery industry. For the first three months of 2017, Italian exports to this specific market amounted to â‚¬12 million.
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