Negative Results in 2Q for Italian Woodworking Machinery

ASSAGO, ITALY – The latest quarterly survey from Acimall, the Italian woodworking machinery and tools association, showed that compared to the same period of 2007, orders from the Italian market dropped 17% while orders from abroad fell 10.7%, according to Fordaq. The total reduction is equal to 12.5% on a year-to-year basis.

From January to June, prices went up by 2.3%, while the period of ensured production, at the end of the first half of the year, went down from 3 to 2.4 months.

The survey found that of the sample companies 76% indicate stationary production, 9% are growing and 15% are decreasing. Read more.


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