Positive trend for the Italian manufacturing industry

Related Vendors

CUMSA

Renishaw plc

DIPROFIL Diamantprodukter AB

C.E.U. Centro Esposizioni U.C.I.M. U

Italian manufacturers look forward to 2017

Ucimu's forecast also shows a positive trend for 2017: Production will rise to €5,700m (+4%), thus getting closer to the record-breaking value of €6bn registered in 2008.

Exports, expected to grow by 1.7%, will attain €3,330m. The positive trend of consumption will also go on: it should rise by 6.9 %, to €3,940m, driving the deliveries of manufacturers, which should reach €2,370m (+7.5%), as well as imports, expected to amount to €1,570m (+6.1%).

Massimo Carboniero commented: “The year 2016 was positive for the Italian machine tool industry, which contributes to the national GDP for almost €8bn considering, besides the production of machine tools, also the production of parts, tools and numerical controls not included in the total Italian machine tools”.

He continued, that with production and consumption on the rise, Italy confirms to be interesting in the international stage, not only for the expertise shown by the Italian industries of the sector, but also for its lively demand, which is again flourishing thanks to useful provisions, such as the New Sabatini Law and the Super-Depreciation.

(ID:44457794)