ITALY - As final figures of 2016 are consolidated, the Studies Office of Acimall estimates that production of technology, equipment and tools for wood and wood-based materials in 2016 amounted to 2,078 million euro, 11.5 percent more than 1,864 million euro in 2015. 

This percent variation is very similar to the result of 2015 versus 2014, when an 11.7 percent increase was recorded.

Growth of exports was slower. In 2016, sales abroad amounted to 1,486 million euro, 5.1 percent more than in 2015, when export had grown much stronger by 12.7 percent versus 2014.

The domestic market – driven by public incentives and measures to support industrial activity and, in general, more consumption – in 2016 amounted to 592 million euro, 31.6 percent more than total sales on the domestic market in the previous year.

Continued growth is finally benefiting from an economic trend supported not only by an extraordinary propensity to export, but also by a domestic market that is much more willing to invest in instrumental goods.