Orders Of Italian Textile Machinery Kept Growing In The Third Quarter

Recently, the Italian Textile Machinery Manufacturers Association (ACIMIT) published the textile machinery order index from July to September 2021. It is reported that the index has increased by 66% over the same period of last year, and the order index is 119.8 points (2015 base = 100). Both domestic and foreign markets in Italy are growing. Compared with the same period in 2020, domestic orders in Italy increased by 130% and foreign orders increased by 54%. However, the order index is down 17% compared to the same period in 2019.

Alessandro Zucchi, President of the Italian Textile Machinery Manufacturers Association, said: "Despite a slight decline compared with previous months, the order index in the new quarter is still positive. This proves that Italian companies have the ability to respond quickly to the new market environment, and that adaptability and flexibility are rooted in the core of Italian enterprises, which have always been the case, rather than just in a specific area."

According to the analysis of the Italian Textile Machinery Manufacturers Association and the prediction of Italian machinery manufacturers, the positive growth of Italian textile machinery industry is expected to continue until the end of the year. Zuqi concluded: "the recovery in the number of visitors to the trade show has boosted the confidence of enterprises, but we can not take it lightly because the difficulties are not completely over. We must continue to take the road of digitalization and sustainable development."

(source: China Textile News)