|  

Acimall: Machinery makers face another slump in ordering

13.08.2020 − 

The coronavirus pandemic has had a significant adverse effect on Italy’s woodworking machinery manufacturers, too. The situation only improved slightly in May after almost all production activities were shut down in the second half of March and April. The industry association Acimall, based in Assago, reported that plants were operating at relatively normal levels again in June, although this was hardly reflected in second-quarter statistics. According to Acimall quarterly statistics, Italian woodworking machinery manufacturers saw their order intake fall 39.2% in a year-on-year comparison. Business within Italy (-59.2%) fared even worse than exports (-34.2%). The average order backlog thus shortened from 2.6 months in the first quarter to 2.4 months in the second quarter. Selling prices have risen by 0.5% since the start of the year; the second quarter thus brought a slight softening to the 0.8% increase recorded at the end of March. Revenues dived by 29.2%.

Tags of this news:

previous − Corona puts pressure on housing construction

Further decline in UPM-Kymmene’s plywood business  − next