Association of Italian Textile Machinery Manufacturers (ACIMIT) President Alessandro Zucchi revealed that the preliminary data for 2022, shows the value of Italian machinery production is expected to exceed 2.5 billion euros.
“President Alessandro Zucchi also added, increasing by 10% compared to the previous year saying exports account for more than 85 percent of this value. The economic conditions and political tensions in 2022 threatened business activities in all sectors. ACIMIT estimates for 2023 – 2026 still show a slight growth in demand for textile machinery.”
China, Turkey, USA, and India are the top markets for Italian textile machinery manufacturers. In 2023 Turkey, India and Uzbekistan are expected to grow faster. In fact, Turkey is the second largest market for Italy behind China. In the first half of 2022, Italy exported to Turkey textile machines for a value of 145 million euros.
The ACIMIT president stated that digitization has become increasingly deeply rooted in Italian textile machine manufacturing companies. The manufacturers are being issued digital-ready certification after a detailed audit of their processes. He said efficient and digitized machines have reduced the use of resources. He disclosed that a survey on the Green Labels produced from 2016 to date, showed the quantified avoided emissions using green labeled machines are 1.2 billion tons of CO2 equivalent, corresponding to 221,187 cars traveling for 35.000 km over a year.
Zucchi expects ITMA 2023 will be the largest ITMA ever, with about 1500 companies all over the world including 380 Italian exhibitors. The Italian companies will showcase innovative technological solutions to ITMA 2023, which would reduce energy consumption and raw materials.
