The positive trend of recent times is continuing, still driven by foreign markets, where orders went up by 17.2%

Machinery

In 2Q 2016 orders for Italian woodworking technologies increased by 21.2%

In the second quarter 2016 orders for Italian woodworking technologies increased by 21.2% compared to the same period of last year, Acimall reported. The positive trend of recent times is continuing, still driven by foreign markets, where orders went up by 17.2%. According to the association, the development of Italian demand is also very good in relative terms (plus 30.4%), although it still suffers from the negative results recorded in the worst years of the crisis.

“Once again we see remarkable difference between Italy and abroad”, commented Dario Corbetta, Acimall director. “The Italian market is growing at satisfactory rages, but we are still far from pre-crisis levels. Abroad, instead, we are already back to pre-2008 volumes and everything suggests that this trend will endure".“Looking at the statements by our sample of companies, it is necessary to clarify some aspects”, Corbetta adds. “The excellent trend of Italian technology is more relevant for big groups, for the larger organizations. Therefore, our companies need to find a way to work together, to integrate, because only with bigger dimensions can they effectively approach new markets that offer real opportunities in this economic season".  

The turnover variation compared to the first quarter 2016 is 9.9%: the orders book covers a period of 3 months, while prices have recorded 1.4 change since January 1st.

According to the quality survey, 47% of the interviewed companies indicate a positive production trend, 47% stable and 6% decreasing. Employment is stable according to 59% of the sample, increasing for 35% and decreasing for 6%. Available stocks are stationary according to 70% of interviewees, increasing for 18% and decreasing according to the remaining 12%.
 
The near-term outlook is illustrated by the forecast survey, which reveals moderate optimism for 2016: 47% of the sample expect further expansion of foreign orders, while 53% say they will remain unchanged (positive balance 47%). The sentiment is different for the Italian market, where 6% fear shrinkage, 71% predict stability and 23% expect expansion (positive balance 17%).