Woodworking machinery, another positive quarter Featured
- Written by Staff
The trend has really changed: for some time now, the atmosphere has been different in the business of technology for wood and wood-based materials. Further evidence of the new trend also comes from the periodical survey by the Studies office of Acimall, the Confindustria member association, showing that in the second quarter 2016 orders increased by 21.2 percent compared to the same period of last year. The positive trend of recent times is continuing, still driven by foreign markets, where orders went up by 17.2 percent. The development of Italian demand is also very good in relative terms (plus 30.4 percent), although it still suffers from the negative results recorded in the worst years of the crisis. Back to Acimall survey figures, on the whole, turnover variation compared to the first quarter 2016 is 9.9 percent: the orders book covers a period of 3 months, while prices have recorded 1.4 change since January 1st. According to the quality survey, 47 percent of the interviewed companies indicate a positive production trend, 47 percent stable and 6 percent decreasing. Employment is stable according to 59 percent of the sample, increasing for 35 percent and decreasing for 6 percent. Available stocks are stationary according to 70 percent of interviewees, increasing for 18 percent and decreasing according to the remaining 12 percent. The near-term outlook is illustrated by the forecast survey, which reveals moderate optimism for 2016: 47 percent of the sample expect further expansion of foreign orders, while 53 percent say they will remain unchanged. The sentiment is different for the Italian market, where 6 percent fear shrinkage, 71 percent predict stability and 23 percent expect expansion.