ACIMALL: Positive 3Q-2015 outlook for Italian Woodworking machinery industry

Nov 13, 2015 | Markets | 0 comments

ITALY – The year 2015 promises to close with a solid result. This seems to be suggested by the figures of the industry survey carried out by Acimall’s Studies Office in the third quarter 2015. 

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In the July-September period, Italian woodworking technology recorded another growth of orders, with an optimistic business climate for the third consecutive quarter.

The survey reported a 7.2% increase in orders compared to the same period of 2014 . A 6.9% increase, compared to the same period of last year, was achieved by orders from abroad, while the Italian market grew by 12.5 percent, versus an 11.9 percent decrease in the previous quarter. Unlike the last quarter, there is satisfaction for this double-digit growth on the domestic market, which might bring even more significant developments for industry companies as a result of the mortgage credit reforms introduced by the Italian financial act and the benefits they should bring in early 2016.

According to 32% of the Acimall sample, in the next quarter orders from abroad will increase further, while 63% expect a stable trend and 5 percent a decrease. On the domestic market, 16% have negative forecasts and 68 percent stable, while 16% of interviewed companies are more optimistic and see expansion.

 

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