Home breadcru News breadcru Association/Org breadcru Textile machine makers to participate at CITME

Textile machine makers to participate at CITME

14 Sep '06
3 min read

About 40 Italian companies manufacturing textile machinery will exhibit in Beijing for 10th China International Textile Machinery Exhibition on next 17th-21st October 2006.

In the Italian Pavillion located in Hall 4 CITME's visitors will find the most up-to-date Italian technologies in the spinning, weaving, knitting and finishing sectors.

For a long time the solutions provided by the Italian textile machinery manufacturers have been succeeding in the Chinese market. China is the leading market for the Italian textile machinery industry, having a share of 17 percent on the total Italian exports. In the four months of 2006 the Italian sales in China increased of 17 percent on the same period of 2005.

Knitting machines were largely requested (34 percent of the Italian sales in China in the first four months of 2006), followed by spinning machines (29 percent) and weaving machines (26 percent).

300 Italian companies (with 22,000 employees) that in 2005 produced machinery for a value of Euro 2,500 million, pay the highest attention to the requests of the textile industry to propose new solutions of innovation, productivity, safety with the utmost satisfaction of their clients.

The quality of the Italian textile technology is testified by the high number of Countries where the Italian machinery are sold: about 130. In 2005 exports represented 79 percent of total sales. Asia (with a share of 42 percent) is the main destination for Italian sector exports, followed by Europe (40 percent), Latin America (7 percent) and North America (6 percent).

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!