Acimit, Italy’s association of textile machinery manufacturers, has published the results of an economic-financial study on textile machinery companies. On the same day, it released preliminary industry figures for 2006. The value of Italy’s textile machinery manufacturing has grown by 4% since 2005, now worth 2.65 billion euro. A similar increase was also seen in sector exports, where the 2.1 billion euro value was 3% greater than 2005 exports. Compared to past years, sector growth marks a turnaround in the trend. The domestic market has shown clear signs of recovery, confirmed by the rise in the number of sales by Italian companies on its home turf (+9%). The preliminary economic figures are taken from an index of orders that Acimit reviews on a half-yearly basis. In the second half year 2006, the overall index was 53.2 points, a 7% increase on the previous half year. The increase in orders received appears especially significant in Italy (+33%). As far as exports are concerned, figures confirm the strength of the primary Asian markets (China and India). These two countries are the leading destinations for Italian goods, and account for 30% of the sector’s exports. The year was also marked by an overall increase in sales on some minor markets (Latin America and Africa).

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