Mr Salmoiraghi then commented on the definitive 2009 figures for Italy’s textile machinery
industry, which indicate a 21% drop in production compared to the
previous year (amounting to 1.931 million euros). Exports have also
diminished by 21%, totaling some 1.506 million euros. In Italy, demand
for textile machinery
has fallen 27% compared to 2008. The weak internal market is also
evident in a drop of imports (-32%), amounting to 359 million euros. ..China,
India and Turkey are the primary export markets for Italian machinery
builders, albeit sales to these countries remain well lower than 2008
levels. Global demand on the whole for textile machinery
has been affected by the economic crisis, as well as by a halt in
investments. “Our primary competitors have suffered even greater losses
than our own,” states Mr Salmoiraghi. “These figures confirm a general
crisis situation: our manufacturers have certainly not been immune, but
they have reacted better