2012 China International Textile Machinery Exhibition

The exhibition is satisfactory.

The Rupp report interviewed Carlo Rogora, chief executive of IDA (Switzerland) Limited, and Erwin Devloo, marketing and public relations manager of Belgium Picanol NV.

Sales soared.

A few weeks ago, the Rupp report released the latest shipment statistics of textile machinery, which was compiled by the International Federation of textile machinery industries in Switzerland. This report shows that in 2011, shipments of loom looms all over the world surged, with Asian destinations accounted for 96% of shipments and China accounted for 83% of total shipments.

The exhibition will get the desired results.

Rogora and Devloo are satisfied with the number of visitors to ITMA Asia and the quality of visitors: "most of the important customers in Asia have come to this exhibition.

As usual, Picanol was in good condition for the first three days.

Visitors to 75-80% are from China, followed by India, Pakistan, Indonesia, Taiwan and some visitors from Turkey.

Rogora added: "due to the recent investment plan, as a loom Market, India is becoming more and more important, but as an important market, the government needs to develop new incentives for the industry."

Important market.

Despite the growing importance of the Asian market, Europe is still an important market for the two companies.

For Picanol, it is mainly for weaving technical textiles and other high value-added products, especially for European customers.

Rogora said: if Turkey is a part of Europe, then the Turkey market is also very important to us. Turkey is the second largest market of Itema.

On the other hand, the Asian market is more important for batch products.

The most important markets of the two companies are quite similar: Rogora mentioned China, followed by Turkey and Brazil.

Devloo refers to China, India, Brazil and former Soviet Union countries.

The two companies said,

Distorting their business, currency instability is a problem.

One factor is the weakness of the euro.

However, Devloo said that the low currency exchange rate is an advantage for European exporter.

Rogora added, but today, because of the big problems in Europe, it is becoming increasingly difficult for customers to get loans from banks.

As long as Europe does not solve the financial problems of some of its internal countries, uncertainties will exist.

Uncertainty is a poison for the market.

The Chinese market.

China's market has declined slowly from a high level.

Rogora and Devloo believe that the recent cut in interest rates by the National Bank of China has nothing to do with it.

They say that the importance of China's market will depend on Europe.

Chinese customers need more and more sophisticated machinery.

Devloo said it is difficult to predict the market trend in 2013, but we hope that the positive momentum will continue.

Rogora says that depends entirely on Europe.

Today there are problems everywhere, but the financial situation in Europe must be solved first.