Times remain "complicated" for the Italian industry of woodworking technology and furniture production. The preliminary data for 2024 show the impact of the "uncertainties" that have long affected the real effectiveness of "Industry 5.0" measures and the enduring consequences of the Russian invasion in Ukraine and the Israel-Palestine conflict (combined with the stagnation caused by the exceptional demand of previous years) on overall results.
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According to the preliminary balance drawn by the Studies office of Acimall, the Confindustria member association that represents industry companies, production in 2024 amounted to 2.43 billion euros, 8.3 percent less than in 2023.
The reduction involved both export (1.7 billion, down by 7.8 percent) and domestic demand (730 million, minus 9.5 percent), combined with a sharp drop in import (180 million, minus 40.2 percent) showing that the Italian offer can "dominate" the demand of technology.
The latter figure actually "supported" the trade balance (1.52 billion euro, down by 1.5 percent compared to the final balance of 2023), while apparent consumption stopped at 910 million, 17.9 percent less than the previous year; these figures put Italy in the top positions of the European and global rankings of wood technology demand.
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