Good 2017 and promising 2018 for Italian woodworking manufacturers

13 February 2018

A bright future is forecast by figures of the traditional market survey conducted by Acimall, the association of Italian manufacturers of woodworking machinery: Q4, 2017 closed with a 36.8% order increase compared to the same quarter in 2016 (the growth rate in the July-August term was 42.9%, also compared to the same period of the previous year).

This figure results from the trend of orders from abroad, up by 35.2% (51.5% in Q3) and the development of Italian demand, achieving 49.5% growth over the October-December 2016 period (it was just 19.7% in Q2).

“Italian users are clearly going through a period of greater confidence which, combined with state incentives, is generating strong demand, exceeding even the most optimistic expectations,” said Dario Corbetta, Acimall director.

And the future: 72% of the sample believe that, in the short term, orders from abroad will increase further, while 28% don’t expect significant variations (the balance is +72, versus +32 in the previous quarter).

As to the domestic market, 39% expect a positive trend; according to 56%, stability will prevail, while 5% fear shrinking business (the balance is +34; it was just +5 three months ago).