Some economy about Italian machine tools

Based on sources of Gardner Business Media and UCIMU Industrial association

Do you know how industrial is Italy? Let us see it in figures:

According to 2015 global metalworking machine tool consumption was USD 79,1 billion with the big down of 11,8% than it was in 2014. The full global Europe consumed USD 21,1 billion of machine tools. Italian industry is on the 6th place in global world consumers (after China, USA, Germany, Japan and South Korea) and on the 2nd in Europe (after Germany). In figures Italy consumed USD 3,136 billion with the increase of 9,4% than 2014. For 2016 global machine tool consumption stays at USD 79,9 billion which is nearly the same. Italy also takes 6th place for the year.

According to 2015 Italy stays at 6th position in global world of machine tools import with main import value USD 1,470  billion which is 47% of main consumption (First 5 places in world for import - China, USA, Germany, Mexico, Russia).

According to 2015 Italy stays at 4th place in the world for machine tools production (USD 5,797 billion) and 2nd in Europe after Germany. At first three places of top producers are China, Japan, Germany.

Export of machine tools in Italy is 3d place of global world (after Germany and Japan) with export value of USD 3,641 billion. Main consumers of “Made in Italy” machinery are Germany, USA, China, France and Poland.

In year 2017 different economic analysts expect the small but stable grow with the consumption inside Italy, production rise and the export value. Let us wait and see!