Statistics issued by Confindustria Ceramica show that the Italian ceramic tile industry experienced a downturn in 2018 after five years of growth. The 137 Italian tile companies surveyed reported a 1.6% year-on-year decline in output to 415 million sq. metre, down 7 million sq. metres. Total sales dropped by 2.8% to 410.1 million sq. metres, and total sales revenue fell by 3% to Euro 5.4 billion.
Exports fell 3% by volume (from 338 to 327.7 million sq. metre) and 3.3% in value (to Euro 4.547 billion. The average price was stable at Euro 13.9 per sq. metre, despite a higher value-added production mix.
Domestic sales continued to stagnate, dropping 1.6% to 82.4 million sq. metres; less than half of the pre-2008 crisis figure. They generated revenues of Euro 834 million at an average price of Euro 10.1 per sq. metre.
Sales held up well in European markets, where Italy sold 222 million sq. metres, with a small fall in Western Europe and strong results in the Balkans.
Sales declined in other geographical areas: -5.4% in North America (46 million sq.m), -4.3% in the Far East (20 million sq.m), -21% in the Gulf states (9 million sq.m), -10% in North Africa and other Middle Eastern countries (10 million sq.m) and -6.8% in South America (4 million sq.m).
More at: http://www.confindustriaceramica.it
Next spring, VitrA Bathrooms will open a 5,600 sq. ft flagship space in London’s Clerkenwell. VitrA London aims to be...Continue Reading
Combining the finest granites, quartz and glass with state-of-the-art polymer technology, Granite & TREND Transformations uses a unique engineered stone...Continue Reading