At a special press conference in Stresa, northern Italy on March 15th, ahead of the ITMA textile machinery show in Milan this June, ACIMIT, the Italian textile machinery association, reported convincing preliminary results for 2022.

Textile machinery with a total value of over €2.6 billion was produced in Italy last year, up 11% on 2021, with exports up 12%, with a value of approaching €2.3 billion.

China remains the biggest export market for Italian machines but 2022 sales worth €244 million were flat compared to 2021. Major gains in sales last year, however, were recorded to India, up 86% to €153 billion, Vietnam, up 119% to €49 billion, and Uzbekistan, up 197% to €53 million as a result of that country’s major modernisation drive.

Read the full report on Innovation in Textiles