Page 40 - TEXtalks. November- December 2023

40 market and abroad. The decrease in orders in
The Italian textile Italy came in at 45%, whereas the drop was
just 13% on foreign markets. The
absolute-value of the index abroad stood at
machinery industry on 80.5 points, and 119.4 points in Italy. During
the year’s third quarter, new orders reached
3.7 months of assured production.
display at Colombiatex 2024

At the upcoming edition of Colombiatex, which will
take place in Medellin from January 23 to 25, 2024,
the leading Italian manufacturers of textile machinery
will be present in the common area organized by the
Italian Trade Agency and ACIMIT, the Association of
Italian Textile Machinery Manufacturers.

There will be 23 companies exhibiting in the Italian
pavilion. Among these, ACIMIT members companies The index of orders intake on constant value (Basis 2015 = 1000).
are: Btsr, Color Service, Danti, Fadis, Flainox, Isotex, ACIMIT President Marco Salvadè commented
Italain Review Salvadè, Santoni, Srs, Stalam, Tecnorama, Ugolini. the period from July to September 2023
Itema, Kairos Engineering, Lgl, Lonati, Mcs,
Monti-Mac, Nexia, Orox, Ratti, Reggiani Macchine,
on the data, stating that, “The order index for
confirms a contraction in collected orders that
The Colombian textile and clothing industry has
was already evident in previous quarters. What
experienced significant growth in recent years.
worries us above all is the situation with our
Consequently, imports of textile machinery have also
domestic market, where the declining trend
increased. In 2023, Colombian imports are expected
to reach 58 million euros. For the period 2024-2027,
Due to this situation, which does not only
the Country’s import growth is projected to be an has persisted for seven consecutive terms.
concern the textile machinery industry, urgent
average of 2.2% annually, according to data measures are needed from Italian Government
compiled by ACIMIT. to strengthen the competitiveness of Italian
manufacturers.”
Italy has long been a technological partner for
Colombian textile companies that have invested in As far as foreign markets are concerned, the
the modernization of the production process. Italian orders index confirms an overall weakened
exports to Colombia in 2022 exceeded 18 million global demand for textile machinery. Indeed,
euros (a 50% increase from the previous year). In the for the first half of 2023, Italian exports slowed
first six months of 2023, Italian exports to Colombia in a variety of essential benchmark markets,
reached 9 million euros. Marco Salvade. President. ACIMIT. such as Turkey, China and the United States.
“The global economic scenario remains
“The consistent presence of Italian companies at last Italian textile machinery: Drop in orders intake in negative, as consumers are facing a reduced
editions of Colombiatex,” comments Marco Salvadè, third quarter 2023 purchasing power, with investments in the
ACIMIT President, “testifies how our sector is a The textile machinery orders index, as processed by textile sector consequently also slowing
privileged partner in assisting Colombian textiles in the Economics Department of ACIMIT, the down,” concludes Salvadè. “In less than a
their path of qualitative growth.” Salvadè concludes, Association of Italian Textile Machinery month, ITMA ASIA + CITME will be held from
“ACIMIT is committed to creating opportunities for Manufacturers, dropped fully 20% during the third 19 to 23 November in Shanghai, primed as
meetings between Italian manufacturers and quarter of 2023,compared to the same period for July one of the world’s major trade fairs for the
Colombian textile companies. We have done this to September 2022. In absolute terms, the index textile machinery industry, with the participation
frequently, organizing various business missions in stood at 84.2 points (basis: 2015=100). of roughly 60 Italian textile machinery
Italy in collaboration with the Italian Tarde Agency. manufacturers. We can expect some
The most recent one allowed selected Colombian This result is due to a reduction in new orders significant indications on the industry’s state
textile operators to visit the last ITMA Milan.” recorded by manufacturers both on the domestic from this event, which will be staged in one of
the strategic markets for textile machinery
demand.”
November/December 2023