Province of Macerata: the economic system. Annalisa Franceschetti Chamber of Commerce of Macerata
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1 Province of Macerata: the economic system Annalisa Franceschetti Chamber of Commerce of Macerata
2 Main social and economic features Strong social cohesion but also a social community in profound transformation Small territory but very rich in terms of identity, traditions, culture, arts, history, craftsmanship, labour force and strongly committed entrepreneurs Economic system based on micro (less than 10 headcount) and small companies (less than 50 headcount), mainly family managed Many good examples of successful companies and world market leaders Strong concentration on manufacturing activities Production system organised in industrial districts Strong commitment towards innovation, but always keeeping an eye towards tradition, environment and social implications 2
3 Main assets Very high quality of life Strong family ties (es. in business, in childcare, in care for the elderly, in financial support) Growing commitment in pursuing environmental sustainability A very rich natural, cultural and artistic legacy Low level of unemployment Very well spread and dynamic entrapreneurial activities, Good presence of our companies on international markets High potential of development in tourism for market niches 3
4 Undergoing shifts Diversification process: from strong concentration on footwear industry to more diversified activities (food, electro-mechanical, plastic transformation, personal and professional services) Slowly from industry based to service based economy From local production districts to globalised ones Growing importance of the European dimension Very relevant recent immigration phenomenon Ageing population Increasing higher education among young people Enlarging labour force through the incoming of foreign workers and more working women 4
5 How many people and how many businesses? Resident Population 1 enterprise every 8,6 people: one of the highest ratios in Italy Source: Istat ENTERPRISES N of establishments: Source: Business Register, Infocamere 5
6 Number of enterprises by sector Argiculture and fishing Industry Construction Commerce Hotels and restaurants Transports Finance Professional services Other services Source: Business Register, Infocamere 6
7 Dimension of enterprises An economic system characterised by the small size of the enterprises 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 94,2% Year 2005 establishments employed 55,3% 14,8% 17,1% 12,7% 3,8% 1,5% 0,5% and more Source: Istat,
8 Foreign residents How many? Chinese residents in the province of Macerata were only 372 in 2002, they are up to (three times more) From which countries? China 5% Ukraine 3% India 3% Poland 3% Senegal 3% Pakistan 7% Tunisia 3% Foreign residents grew by 98% in 6 years ( ). The relative weight on total population doubled since 2002 (from 4.7% to 9% in 2007) Morocco 8% Romania 12% Others 24% Source: Istat Albania 14% Macedonia 15% 8
9 Foreign entrepreneurs From which countries? Northern Africa 15% China 11% Other Far East Countries 10% Foreign entrepreneurs (from within and outside European Union) West Africa 10% Central and South America 13% Other European Countries 27% Albania 9% Others 5% Source: Business Register, Infocamere 9
10 Chinese entrepreneurs Which activities? How many? 287 Leather and footwear commerce Clothing services Textile other industries Source: Business Register, Infocamere
11 Value added by sector in million of Euros Value added by sector 127 % quota of enterprises, employment, value added per sector 43% 49% 48% 65% 70% 60% 50% % 40% % 27% 30% 20% Services Industry 2% 2% 10% 0% Industry Services Agriculture Agriculture Enterprises 2007 employment 2007 Value added 2006 Source: Ist. Tagliacarne Source: Istat for employment, Ist. Tagliacarne for V.A., Business Register for enterprises 11
12 International trade In current million euros Export Import Source: Istat 12
13 Main trade partners In current million euros Exports % change 1st Germany 196,6 185,7-5,6 2nd Russia 249,1 141,0-43,4 3rd Spain 111,8 117,5 5,1 29th Cina 12,6 10,9-13,8 In current million euros Imports % change 1st China 100,8 134,0 32,9 2nd Germany 106,6 94,9-11,0 3rd Romania 141,7 79,2-44,1 Source: Istat 13
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