Great expectations for Italians at ITME Africa
Industry Talk
Italian textile machinery at ITME Africa 2023
Amongst the Italian exhibitors will be LGL, Biancalani, Bianco, Danitech, Ferraro, Mei, Monti Antonio, Reggiani Macchine, Savio, Stalam and Tomsic.
14th November 2023
Knitting Industry
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Milan
A delegation of 12 Italian textile machinery manufacturers will be on hand at the ITME Africa trade show, to be held in Nairobi (Kenya) from 30th November to 2nd December 2023. The Italian companies will be exhibiting at the Italian Pavilion, organized by ACIMIT, the Association of Italian Textile Machinery Manufacturers, and by the Italian Trade Agency.
Kenya’s economy is among the most dynamic in sub-Saharan Africa, with annual GDP growth rates of around 6%. Its textile and garments industries rank among the country’s leading economic revenue sources, and is supported by government programs aimed at sustaining growth, as well as international agreements, such as the Economic Partnership Agreement (EPA) between the European Union and Kenya, currently in the process of ratification.
The total value of Kenya’s imports of textile machinery reached EUR 24 million in 2022. In the future, demand from local companies will mainly focus on high-end and medium to high-end technology, thus allowing Italian manufacturers to strengthen their market share in Kenya. Currently, Italian imports amount to approximately 4% of total imported machinery technology, for an approximate value of EUR 900,000 in 2022.
Amongst the Italian exhibitors are ACIMIT associate members LGL, Biancalani, Bianco, Danitech, Ferraro, Mei, Monti Antonio, Reggiani Macchine, Savio, Stalam and Tomsic.
ACIMIT (the Association of Italian Textile Machinery Manufacturers) was founded in 1945 with the primary aim of promoting the Italian textile machinery sector¸ by supporting the industry’s various activities both in Italy and abroad. Established as a non-profit organisation, ACIMIT currently brings together some 180 textile machinery manufacturers, divided into their various categories: spinning, weaving, knitting, finishing and other machinery. ACIMIT represents an industrial sector that includes roughly 300 companies employing close to 13,000 people and producing machinery to an overall value of almost EUR 2.7 billion, of which. Around 86% is exported.
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