Posted July 17, 2017
The 1Q 2017 consolidated the positive season for furniture industry and woodworking machinery and plants. In the first three months of this year, orders increased by 16.4%, compared to the same period of 2016; such figure is higher than the growth rate of the previous quarter, October to December 2016, which had stopped at 13.6%, as Italian association of woodworking machinery manufacturers Acimall said in the press release received by Lesprom Network.
Back to January-March 2017, Italian woodworking machinery market have to stress the rally of demand by international companies, whose demand for Italian technology increased by 22.2%. Italian companies went back to a reflective mood, with orders down by 3.6%, which nevertheless needs some interpretation.
According to Acimall’s quality survey, 56% of the interviewed companies indicate a positive production trend (it was 23% in the previous quarter), 33% stable and 11% decreasing. Employment is stable according to 56% of the sample, increasing according to 33% (compared to just 6% in the previous quarterly survey), decreasing according to 11% (18% three months ago). Available stocks are stationary according to 50% of interviewees, increasing for 39% and decreasing according to the remaining 11%.
Acimall, the association that represents the most important Italian manufacturers of technology, automation, machinery, tools, and accessories for processing wood and wood-based products.