Italy’s woodworking machinery and tools industry experienced a recovery in the fourth quarter of 2005.
Acimall (the Italian woodworking machinery and tools manufacturers’ association) said orders grew by 7.4% compared to the same quarter in 2004.
Orders from foreign markets increased by 5.1%, while domestic business was up 15.4% after two years of difficult trading conditions.
Acimall said the results confirm a positive trend seen in the previous quarter.
Prices grew by 1.4% during 2005, while the average period of assured production was about 2.6 months.
Acimall’s quality survey shows production was stationary for 55% of interviewed companies during the fourth quarter. Some 39% of firms indicated a growth in output and 6% saw a reverse.
Italy exports 83% of its industry production.
