Latest news with #AssociationofItalianTextileMachineryManufacturers
Fibre2Fashion
01-08-2025
- Business
- Fibre2Fashion
Italian textile machinery sees recovery in domestic market in Q2 2025
In the second quarter of 2025, the index of orders for textile machinery, compiled by the Economics Department of ACIMIT, the Association of Italian Textile Machinery Manufacturers, showed a slight decrease compared to the same period in 2024 (-1%). In absolute terms, the index stood at 47.1 points (base year 2021=100). In Q2 2025, Italian textile machinery orders fell 1 per cent YoY, with the index at 47.1 points. Domestic orders rose 38 per cent, offsetting a 7 per cent drop abroad. Backlogs reached 3.9 months; capacity use was 55 per cent, expected to rise to 60 per cent. ACIMIT cited weak domestic demand and global uncertainty, with exports to China and Turkey down sharply. This result was driven by an increase in order intake from the domestic market, which almost entirely offset the decline recorded in foreign markets. Orders collected on the domestic market rose by 38% compared to the second quarter of 2024, reaching an absolute value of 70.9 points. In foreign markets, orders were down 7% compared to the same period of the previous year. The absolute value of the index stood at 43.8 points. In the second quarter, the order backlog reached 3.9 months of guaranteed production (up from 3.6 months in the first quarter). It is also worth noting that, on average, companies in the sector used only 55% of their production capacity in the first half of the year. Utilization is expected to reach 60% in the second half of 2025. Marco Salvadè, President of ACIMIT, commented: 'The signals coming from the domestic market are encouraging, but concerns about the future remain. Demand in Italy is still weak. The increase recorded between April and June will need to be confirmed over the course of the year.' 'On the foreign front,' added Marco Salvadè, 'a general climate of uncertainty persists, due not only to U.S. tariffs imposed on the EU, but also to the broader geopolitical situation. The 15% duty, combined with a significant depreciation of the euro against the dollar, may have varying negative impacts on our exports to the U.S., depending on the tariff rates applied to other Countries supplying technology to U.S. textile companies. For now, the U.S. remains a key market for our manufacturers: it was the fourth largest in 2024, with a value of over 112 million euros, and it continued to grow in the first four months of 2025 (+3%). Also concerning is the weak demand for textile machinery in the two most important markets, China and Turkey. Italian sales from January to April 2025 fell by 32% in the Chinese market and by 47% in the Turkish one.' Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
Fibre2Fashion
17-06-2025
- Business
- Fibre2Fashion
ACIMIT to highlight Italian machinery at Milano Unica
At the next edition of Milano Unica, the leading international trade fair for high-end fabrics and accessories, scheduled to take place at Rho Fiera Milano from July 8 to 10, ACIMIT (the Association of Italian Textile Machinery Manufacturers) will participate for the first time with an institutional booth. ACIMIT will join Milano Unica for the first time with an institutional booth at the July 8â€'10 event in Milan. The aim is to connect member companies, exhibitors, and buyers while showcasing Italian textile machinery's innovations in sustainability, circular economy, and digitalisation, reinforcing Italy's leadership in the global textile supply chain. Through this initiative, ACIMIT aims to foster connections between its member companies, exhibitors, and buyers attending Milano Unica, while also promoting greater awareness of the cutting-edge technological solutions that define the Italian textile machinery industry—particularly in the areas of sustainability, circular economy, and digitalization. Marco Salvadè, President of ACIMIT: 'I believe it is essential for our Association to be present at such a significant trade event. The synergy between Italian excellence in textiles and textile machinery has always been, and continues to be, a key factor in strengthening the leadership of the entire Italian textile supply chain.' Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (HU)
