Hardware for furniture, upholstery, kitchen, coatings and furnishing systems.

News on products, companies, technologies and fairs for the production and marketing of furniture hardware, furniture accessories and semi-finished products for furniture.
Woodworking technology: first quarter 2023 also shows signs of a slowdown
According to the quarterly survey carried out by the Acimall Studies Office, the association that brings together manufacturers in the sector, the first quarter of 2023 confirms the slowdown in orders for Italian woodworking and furniture industry technologies.

This in turn signals a negative change for the fourth consecutive quarter, although it should be read in light of the exceptional results achieved in the second half of 2020 and throughout 2021, which have not been recorded in decades. This downturn, which started in the second quarter of 2021, but increased in the period from January to March 2023, is beginning to raise some concerns.


A 25.7 per cent drop in orders

Let us look at the data in more detail. In the first quarter of this year, orders for woodworking technology and the furniture industry fell by 25.7 per cent compared to the same period of the previous year, a figure that was affected by both the decline in demand from foreign markets (minus 20.6 per cent) and the significant drop in the domestic market (minus 38.9 per cent).

However, it must be remembered that the January-March 2022 quarter was still in an expansionary phase, with significant growth rates in both the Italian and foreign markets, thanks to the public incentives adopted in many countries to support the various post-pandemic industries.

The decline in orders is consequently reflected in the months of assured production, which on average fall from 6.1 months in the October-December 2022 quarter to 5.2 months in January-March 2023.

Inflation, which in 2022 was in line with that of the economy as a whole, seems to have come to a halt in the first months of this year: the increase in the selling prices of technologies for wood and industry of furniture stands at a share of plus 0.6 per cent.

Substantial stability

According to the qualitative survey for the first quarter of 2023, the sample of companies surveyed sees a substantial stability in production (71 per cent); 24 per cent see an upward trend, 5 per cent a downward one.

As far as employment is concerned, it is increasing according to 14 per cent of the sample, stable for 81 per cent, and decreasing for 5 per cent. Stocks are stable for 62 per cent of the respondents, while the remaining 38 per cent are equally divided between those who see an increase (19 per cent) and those who see a decrease (19 per cent).


Short-term forecasts

The forward-looking survey provides a glimpse of the scenarios that are likely to unfold in the short term: the sample is divided into 38 per cent who are inclined towards substantial stability in orders from the foreign market and 38 per cent who anticipate a contraction, while 24 per cent believe in further growth. On the domestic market 57 per cent of the respondents expect substantial stability, 19 per cent an increase in orders and 24 per cent a contraction.


In the photo above, detail of SCM's morbidilli cx110 drilling machine

Wood and furniture technologies: an exceptional first half of 2021

Orders for wood-furniture machinery and tools up 100.3% over same half of 2020
Category: Economy and marketing
Publication date: 20/09/2021

LIGNA.Innovation Network: new digital format in September 2021

The event was created to discuss new trends, present innovations and network with interested players.
Category: Fairs
Publication date: 28/05/2021

Xylexpo 2020: showcase of technologies and supplies for the furniture and wood industry

One of the main international trade fairs for industry experts
Category: Fairs
Publication date: 20/02/2020

The General Assembly of Eumabois confirms in its entirety the Board of Directors

The Council will pursue very important projects for the future of the European woodworking industry
Category: Trade associations
Publication date: 18/12/2019

European Investment Bank finances SCM Group

50 million euro for research and development projects with a view to 4.0
Category: Industry news
Publication date: 30/04/2019
Company: SCM GROUP S.p.A.

LIGNA 2019: the future of the woodworking industry

The event confirms its increasingly international profile
Category: Fairs
Publication date: 24/04/2019

The performance of Italian technologies was positive also in the first quarter of 2018

Exports confirm their driving force for the sector
Category: Economy and marketing
Publication date: 11/06/2018

Acimall economic survey: positive also for the fourth quarter of 2017

Optimistic forecasts for 2018
Category: Economy and marketing
Publication date: 13/03/2018

SCM at Xylexpo 2018: cutting-edge technological solutions

Great success for "Scm Digital Days", SCM's digital and smart Open House
Category: Woodworking machines and software
Publication date: 30/01/2018
Company: SCM GROUP S.p.A.

Xylexpo 2018: a quality fair in a growing market

An international appointment where the protagonist is technological innovation
Category: Fairs
Publication date: 25/01/2018