Italian woodworking machinery: 2015 preliminary balance

Preliminary figures for the current year speak for themselves, showing a fully positive sign for all major indexes. The analysis carried out by the Studies office of the Confindustria-member association gathering the industry@¬#s leading companies provides a brighter picture than many were expecting. And compared to the recent past, satisfaction comes from the domestic market, a trend that might bring even more significant “surprises” in 2016. Meanwhile, let’s take a look at figures, reminding that these are preliminary data subject to possible adjustments.

Production has increased to 1,790 million euro, 7.2 percent more than 1,669 million euro in 2014, when the industry had already achieved an excellent increase by 8.6 percent over 2013. The trend towards the restoration of pre-crisis levels (in 2008 the Italian industry turnover exceeded 2 billion euro) is clear and consistent. Export remains the key strength of our technology: in 2015 it has increased by 6.8 percent from 2014. Last year, growth had been slower, namely 5.7 percent compared to 2013. Import – accounting for a bit less than 25 percent of total wood technology investments in Italy – amounted to 152 million euro, equal to 22.5 percent compared to 124 million in 2014.

The trade balance has reached 1,188 million euro (plus 5 percent), versus 1,131 in 2014 (plus 8.3 percent from 2013);. Good trend also on the domestic market, which exceeded 450 million euro, up by 8.7 percent from 414 million in 2014, which had been growing by 18.2 percent compared to 2013. So, also the domestic market is showing a clearly positive trend, as further evidence of the effectiveness of government incentives to investments and a more positive “sentiment” of enterprises, which is encouraging new investments for the renovation or expansion of production assets.

* For further information: www.acimall.com