The Italian sector of woodworking machinery and tools in 2019 closed with a decrease of 9.9% compared to 2018, reaching a value of 2,266 million euros. According to the data, it seems that the year started in a positive way, following the good levels of the 2016-2018 period; however, in the second part, Made in Italy suffered from international competition, especially from Germany.
Exports fell in general but its most solid outlet markets remained, thanks also to the excellent organizational network of Italian exports, so that it was able to compensate with other countries.
The internal market, on the other hand, fell by double digits, but also thanks to the positive trends of past years; in fact, the tax incentives promoted for updating the obsolete machine park helped the overall positive sign between 2016 and 2018.
The trade balance recorded a total of +1.4 billion euros, thanks also to the commercial strength of Made in Italy in the wood and furniture sector.
Early 2020: positive exports to Poland and Austria
2020 began marked by the profound global crisis of Covid19. Exports of woodworking machinery fell by 9.7%; however, imports from Poland and Austria have grown, with shares exceeding 20% and the United States, although negative, remains the first country to import Made in Italy machinery.
