ACIMIT, the Association of Italian Textile Machinery Manufacturers driven by a strong performance from the domestic market has recorded a significant growth in the order index for textile machinery during the period from April to June 2017.

Specifically, there was a significant increase in orders for the domestic market, where the index stood at an absolute value of 92.9 points (+66% over April-June 2016). In foreign markets, the increase amounted to 22%, and the absolute value of the index stood at 123.4 points.

The latest statistics show that the order index rose by 26% compared to the same period in 2016. The value of the index stood at 117.3 points (basis: 2010=100).

ACIMIT president Alessandro Zucchi said that the data confirms that a recovery is currently underway for theirr domestic market. This is the third consecutive quarter that the order index is on the rise.

ACIMIT has also reported a good level of participation by its members at the forthcoming Irantex exhibition, the primary trade fair for the Iranian textile and textile machinery sector, to be held in Tehran from 4 - 7 September 2017.

Last year, the trade fair was attended by a good number of Italian manufacturers, and this year’s edition will be marked by the participation of 24 machinery producers.

Iran has always represented an important market for Italy’s textile machinery industry. For the first three months of 2017, Italian exports to this specific market amounted to €12 million.