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Italian machine tool sales rebound in the first quarter of 2010

by:Gewinn     2022-06-10
Recently, the Italian Machine Tool, Robot, Automation and Auxiliary Equipment Manufacturers Association (UCIMU-SISTEMIPERPRODURRE) made statistics on the production and sales of the Italian machine tool industry in the first quarter of 2010. The results show that in the first quarter, the Italian machine tool order index reflects the positive development of the industry. The absolute value of the order index was 94.8 (from a base of 100 in 2005), an increase of 15.2% over the same period in 2009. After experiencing six consecutive months of decline, with the gradual recovery of the economy, the Italian machine tool industry has experienced a substantial recovery. Compared with the fourth quarter of 2009, the recovery of the industry in the first quarter showed some different characteristics. The recovery of orders was reflected in both the Italian domestic market and the overseas market. Among them, in the first quarter, the overseas market orders received by Italian machine tool manufacturers increased by 18.5% over the same period last year, becoming the main driving force for the growth. The absolute value of the overseas orders index was 106.9. Although the index showed a modest recovery, the index was still lower than in the first quarter of 2005, which means that the economic crisis has brought the Italian overseas machine tool market down to the level of five years ago. In addition, compared with the same period of 2007-2008 before the crisis, the order index fell by 40%. For the home market, Italian machine tool makers found that the order growth trend that started in the fourth quarter of 2009 continued. In the first quarter, the domestic order index was 70.1, a year-on-year increase of 10%. Gi Juancarlo Losma, president of the Italian Machine Tool Manufacturers Association, pointed out: 'The data does reflect a recovery in the industry, especially in overseas markets. However, the current situation is still more complicated. Although the domestic situation is indeed improving, the pace is relatively slow. '
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