“The fall in turnover suffered by the sector from late 2008 through 2009 finally bottomed out in 2010,” observed Pietro Cassani, chairman of the Italian ceramic machinery and equipment manufacturers’ association Acimac, as he commented on the preliminary figures for 2010.
In the past year, the sector’s turnover is
estimated to have risen slightly to 1.242 billion euro, up 1.2% on 2009.
“The strong international presence of Italian companies,
who remain the world leaders in terms of process innovation, has enabled the
Italian ceramic machinery manufacturers to benefit in recent months from the
recovery under way in a number of important regions, including the Middle East,
Asia and South America,” noted Acimac. “These regions,” added Cassani, “will
play a crucial role in maintaining our world leadership in the next few years.”
“Our companies are expecting an initial
recovery in world markets in 2011, allowing us to partly make up for the severe
losses suffered in 2009 when the sector’s turnover plummeted by 33%. We are
anticipating total turnover growth of between 10% and 15%,” Cassani concluded.
Acimac: downturn has bottomed out in 2010
December 17, 2010