Acimac, estimated 29.2% downturn in 2009
The preliminary analysis conducted by the Acimac Studies Centre confirms that 2009 was an annus horribilis for the Italian ceramic and heavy clay machinery manufacturing sector. According to the initial results of surveys, the sector’s turnover fell by around 29.2% (compared to 1 825.5 million € in 2008).
During the course of the year almost all companies in the sector reported a fall in turnover with the sole exception of those that operate in certain niche markets or are market leaders in the few markets that have been only marginally affected by the global crisis.
The worst hit companies are small businesses with turnovers below 5 million €. These companies have experienced falls in turnover of more than 32%.
Forecasts for 2010
The Acimac Studies Centre has confirmed its moderately positive forecasts for 2010. Encouraging if unconfirmed signs are arriving from several foreign markets, particularly North Africa, Turkey and South America.
On the other hand the European market is expected to remain highly stagnant and continues to cause serious concern.
More details available on www.zi.online.info (News).
