FIRST QUARTER 2023: BACK TO NORMAL?

11 May 2023

The first quarter 2023 confirmed a slowdown of orders for Italian woodworking and furniture technology. The quarterly survey by the Studies Office of Acimall (the association of Italian woodworking technology manufacturers) shows a negative trend for the fourth quarter in a row. This information must be evaluated accurately, especially considering the exceptional growth that characterized the second part of 2020 and the whole year 2021, recording a trend that has been unprecedented in the past decades. The slowdown that started in the second quarter of 2021 can be considered “physiological”, but the negative trend in the January-March 2023 period causes some worries.

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