Orders for Italian textile machines rose 66 per cent for Q3. Domestic orders rose by 130 per cent and foreign orders were up by 54 per cent, reveals ACIMIT stats. However, the index of orders intake dropped by 17 per cent when compared to the previous quarter this year, due mainly to the summer break and a demand for machinery that has stabilized over the last few months.

Overall, the number of new orders remain positive in spite of a slight decline compared to the months prior to the summer period. This proves that Italian companies have been capable of responding quickly to new market conditions, as has often happened in other historical periods. This positive moment for Italy’s textile machinery sector is expected to continue to the year’s end. Italian machinery manufacturers are forecasting an increase in order intake for the last quarter of the year, both abroad and domestically. However, difficulties remain particularly in the areas of digitalization and sustainability.

Creativity, sustainable technology, reliability and quality are the characteristics which have made Italy a global leader in the manufacturing of textile machinery. Exports amount to more than 86 per cent of total sales. And 30 per cent of Italy’s revenue from the sale of textile machinery derives from the production of technical and innovative textiles.