In the second quarter, machine tool orders dropped (-21.8%) domestic orders (-38.3%); foreign orders (-10.5%)

26.07.2023 - ASSOCIATION

In the second quarter 2023, the index of machine tool orders processed by the Economic Studies Department & Business Culture Centre of UCIMU-SISTEMI PER PRODURRE marked a 21.8% fall compared to the period April-June 2022. The absolute value of the index stood at 80.9 (base year 2015=100). 

The outcome was due to the reduction in order intake, registered by manufacturers, both in the foreign and in the domestic markets. 

In particular, the orders received from abroad went down by 10.5% compared to the same period of the previous year. The absolute value of the index was 88.2.

On the domestic front, collected orders highlighted a 38.3% decrease, showing an absolute value of 70.2.

On a half-yearly basis, the collection of orders dropped by 23% compared to the first six months of 2022, for an absolute value of the index standing at 103. Domestic orders decreased by 29.9%, for an index value of 97.5; foreign orders recorded an 18.2% downturn, showing an absolute value of 107.1.