Italy’s wood processing technology exports down 6.1% in 1q-2024

Acimall, the Italian association for woodworking machinery and technologies, has released data indicating that exports totaled EUR 379.4 million in the first quarter of this year, marking a 6.1% decline compared to the same period in 2023. This decrease can be attributed in part to the ongoing challenges posed by the Russia-Ukraine conflict, which significantly impacted sales to Europe outside the EU and the Middle East, with declines of 30% and 55.1% respectively. Despite these setbacks, exports within the European Union remained stable, maintaining its position as Italy’s largest market with a 52.8 ...