ASSAGO, ITALY — According to a release by ACIMALL for the woodworking machinery industry, the third quarter 2010 showed a slowdown of recovery, after two quarters characterized by rather sustained growth. The association said this trend shows that the market is stabilizing to levels that are still far from pre-crisis volumes.
The survey, based on a statistic sample that represents the Italian industry of woodworking machinery and tools, is showing a 32.1 percent increase on the same period of last year. Foreign orders increased by 25.9 percent, while expansion on the domestic market amounted to 39.1 percent; these however are largely below the growth rates achieved in the first six months. Of theose companies surveyed, 30 percent indicated a positive production trend, 39 percent stable and 31 percent decreasing production volumes.
Have something to say? Share your thoughts with us in the comments below.