WOODWORKING TECHNOLOGY: FOURTH QUARTER STILL DECLINING

After the booming growth of recent years, another negative quarter is expected for the processing industry of wood and wood-based materials. This trend is emerging from the traditional quarterly survey carried out by the Studies Office of Acimall, the association of Italian woodworking and furniture technology manufacturers, which continues to show a falling trend for orders, in line with the previous quarters.

The October-December 2023 figures show an overall reduction of orders by 23.6 percent compared to the same period of 2022, resulting from the combination of incoming orders from abroad (minus 6.3 percent) and a sharp decline in domestic demand (minus 48.1 percent), largely due to a wait-and-see attitude encouraged by the expected implementation of the new “Industria 5.0” measures. So, the back-to-normal trend after the exceptional results of 2020-2022 has combined with the wait for the new decree, whose details are being delayed, inevitably causing a negative impact on investment decisions for instrumental goods.

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