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Italian Textile Machinery: Orders Once More On The Rise For First Quarter 2021

May 4, 2021 MILAN May 4, 2021, 2021 The index of orders intake for textile machinery compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, during the period January-March 2021 was up by 66 percent compared to the same period for 2020. The value of the index was confirmed at 129.3 points (basis: 2015 = 100). This result depended on a positive performance for orders coming in from abroad as well as from Italian market. A 68-percent increase was recorded on foreign markets, with the absolute value of the index reaching 125.5 points. On the domestic side, the upward trend in orders was more contained, but still significant (+54% compared to the first quarter of 2020), with an absolute value of the index at 164.1 points.

Italian Textile Machinery: Order Intake Still On Downturn In Fourth Quarter 2020

February 5, 2021 MILAN, Italy February 5, 2021 The index of orders intake for Italian textile machinery compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from October-December 2020 was down by 5 percent compared to the same period in 2019. The index value remained at 90.0 points (2015 basis = 100). The negative performing trend both abroad and in Italy has weighed on the overall result. On foreign markets, orders intake recorded a 5-percent decline, while the domestic market recorded a decline of 6 percent on the fourth quarter of 2019. On an annual basis, the total index declined by 26 percent compared to 2019. This result is primarily due to a marked downsizing in orders intake for the first half of the year, which was not entirely balanced by the progressive recovery in the last two quarters of 2020. The decrease amounted to 25 percent abroad and 30 percent on the domestic side.

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