Sector
Italy among the leaders in 2024
Following an established tradition, the Italian sector of machine tool manufacturers plays a primary role within the international framework.
Video Made by Italians 2024
Relying on a long-standing tradition, the Italian machine tool manufacturing industry plays a leading role in the international panorama.
With reference to the world’s machine tool industry, Italy came in fifth place in the ranking of production and in fourth in that of exports and consumption.
In 2024, the Italian production of machine tools, robots and automation stood at 6,327 million euros, recording a decrease of 16.9% compared to 2023.
Consumption fell by 36.3% to 3,707 million, as a result of the contraction in both domestic deliveries (-39.5%, 2,054 million) and imports (-31.8%, 1,653 million).
The market share covered by foreign machinery was 44.6%. Exports increased slightly, reaching 4,273 million euros in 2024, 1.2% more than the previous year. The export-to-production ratio rose from 55.5% in 2023 to 67.5% in 2024.
The trade balance increased by 45.7% to EUR 2,620 million. These results were reflected in the utilization of production capacity, whose annual average decreased from 86.2% in 2023 to 77.3% in 2024. The order book also declined, reaching 6.5 months of insured production, compared to 7.3 months in the previous year. Machine prices rose by 0.6% compared to the previous year.
