The recovery in the Italian construction industry that began to emerge at the end of 2015 failed to live up to expectations in the first half of the current year.
According to the report published at the end of the 81st Euroconstruct Conference held in Dublin on June this year, construction output in 2016 is expected to improve by 2.6% and will continue to grow with the same pace in the period 2016-2018.
The American giant Mohawk Industries, Inc. remains firmly at the top of the rankings updated by Ceramic World Review.
Acimac Research Dept. anticipates to Ceramic World Review a preview of the key figures of its new study “World production and consumption of ceramic tiles”.
According to the 24th National Statistical Survey conducted by Acimac, the industry reported the highest turnover in its history in 2015 at 1,982 million euros. This included growth in both exports (+9.1%) and the domestic market (+4.3%).
2016 may see further consolidation of the growth reported in 2015, with domestic sales returning to positive territory (+2.7%) and exports showing a further increase (+3.6%). Domestic output is also expected to grow by 3.8%.
The three sectors have a total of 6,000 employees and reported a combined turnover of 721.5 million euros.
Also up were production (+3.4%), exports (+5.1%) and investments (+22.7%). The domestic market remained stable.
Italian companies saw growth in average profitability in 2014. The international companies analysed showed good financial ratios.
An initial fall of 1.1% in 2014 was followed by a further 1.7 percentage point decline in exported volumes last year to a total of 1.065 billion sq.m.
Russian construction output fell by 7% year-on-year in 2015. Ceramic tile production went against this trend, growing by 2.2%.
According to the report of the 80th Euroconstruct conference, total construction output in 19 member states set a positive trend, with growth of 1.6% compared with the previous year.