world news - 22.08.2008
Woodworking machinery: negative results also in the second quarter 2008
The total reduction is therefore equal to 12.5 percent on a year-to-year basis.
From January to June, prices went up by 2.3 percent, while the period of ensured production, at the end of the first half of the year, went down from 3 to 2.4 months.
Based on the indications of the sample companies, the quality survey gave the following results: 76 percent indicate stationary production, 9 percent growing and 15 percent decreasing.
Available stocks are stationary according to 61 percent, decreasing according to 9 percent and growing according to the remaining 30 percent. Employment is considered as stationary by 88 percent of the sample, increasing by 6 percent and falling by 6 percent.
Forecasts for the next period are the following: international
orders will be stationary according to 46 percent of the sample,
further decreasing according to 51 percent, and increasing according to
3 percent (negative balance -48). Looking at the Italian market, in the
coming months it is expected to have a constant situation according to
42 percent of the sample, a slowdown for 46 percent and a growth for
the remaining 12 percent (negative balance, -34).
See also:
- — Georgia accuses Russia of starting forest fires
- — Estonia invests 105 million kroons into timber processing equipment
- — IWF 2008 – International Woodworking Machinery & Furniture Supply Fair — USA
- — Vietnamese woodcraft exports to Japan expected to rise
- — Sweden has most renewable energy in the EU