UCIMU Reports Positive Growth in Q4 2024 Machine Tool Orders (+11.4%) Amid Ongoing Challenges

In the fourth quarter of 2024, machine tool orders saw a significant increase of 11.4% compared to the same period in 2023, according to the latest data from UCIMU-SISTEMI PER PRODURRE Study & Business Culture Centre. Despite the overall positive result, there remain several challenges for the sector moving forward. Key Q4 2024 Insights: Domestic Orders: Increased by 33.3% compared to Q4 2023 (index value: 58). Foreign Orders: Fell by 6.5%, with the index standing at 83.6. Annual Trends: Total order collection was down by 5.6% compared to 2023, driven by a 3% decline in domestic orders and a 7