Crisis in the Middle East

Fairs, appeal to the government. Fears for the effects of war

Aefi launches a Flow Observatory: concern over blocked flights and high energy prices. Few participant cancellations to date. Informa and Bologna postpone events in Dubai

by Giovanna Mancini

Presenza estera confermata per Cosmoprof a Bologna (26-29 Marzo) sopra i lievlli del 2025. (Imagoeconomica)

5' min read

Translated by AI
Versione italiana

5' min read

Translated by AI
Versione italiana

No alarm, for the time being, but an immediate activation of the institutional channels, in order to be ready to intervene should the war in Iran and the consequent instability in the Gulf area, continue in the coming months, with a direct impact also on trade fair activities. To date, there are no significant repercussions on the sector as far as the participation of exhibitors and visitors is concerned, while concern is already evident regarding the increase in energy costs, as is the case for all production sectors.

The Aefi Observatory on Flows

"Last week we launched a Crisis Observatory on flows, which we sent out to our members," explains Maurizio Danese the president of Aefi (the Italian association of trade fairs). At the same time we spoke with our contacts at the Ministry of Foreign Affairs and, once we have received all the answers, we will present the results to the government, to understand if and where it is necessary to activate support or aid measures'.

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There are three aspects in particular that most concern Italian trade fair companies at this stage: the difficulty (if not impossibility) for some exhibitors or visitors to reach Italia, due to the restrictions on air transport from or through the Gulf countries, a very important visiting basin for many Italian fairs, but even more important transit hub for many buyers or exhibitors arriving from Asia. The second aspect concerns, as mentioned, the increase in energy costs. Finally, the main groups directly organise exhibitions in the countries affected by the crisis, particularly in Dubai.

Events in Dubai postponed to autumn

The first to reschedule an event in the Emirati city was the international giant Informa, which postponed the Middle East Energy 2026 trade fair, originally scheduled for 7-9 April, to September - and the group is currently reflecting on the possible postponement of other kermesses. BolognaFiere, which had scheduled Cosmoprof Connect Dubai for 14 and 15 April, has also decided to postpone it to the second half of the year. "We will announce the new dates as soon as possible," explains managing director Antonio Bruzzone, who instead confirms for Cosmoprof Milan (26-29 March) numbers that are now higher than the previous edition. "I do not exclude that, at the last minute, some visitors may drop out if the situation does not improve, but at the moment we have no news of cancellations. However, we are always operative to facilitate the arrival of buyers and exhibitors as much as possible".

Italian Exhibition Group is also organising three exhibitions in Dubai, but all between October and November, so they are confirmed at the moment, says CEO Corrado Peraboni: "As of today we do not foresee any criticalities and we are working to carry them out. But even if there should be, in the worst case scenario, some impact on those fairs, we are counting on making up for it with the other events, which are going better than expected, and therefore we confirm the financial targets communicated for 2026'. As far as appointments in Italia are concerned, Ieg does not see any particular difficulties at the moment: "In our portfolio of exhibitions, the one that has the highest number of visitors arriving or transiting from the Gulf area is VicenzaOro, which will however be held in September, so there are no criticalities at present".

Few cancellations. Concerns about energy

The currently partial data collected by Aefi's Observatory confirm for the time being that the majority of companies expect stability with respect to previous editions at events in the coming months. A minority, however, expects a contraction, explains President Danese: "Four out of ten complain of last-minute defections or cancellations due to security reasons, albeit not major ones. Much depends on the trade fair calendar: the impact will be more significant for companies that have events with high international participation (especially from the Middle East, Asia and Africa) on their agenda in the coming weeks.

He does not speak of structural repercussions on business, but rather of "greater attention on the organisational level", the President of VeronaFiere, Federico Bricolo: "If the conflict in Iran continues, our objective will be to reduce logistic difficulties as far as possible, to enable buyers and exhibitors to continue to meet in Verona in the best possible conditions. For events with a high international vocation, such as Vinitaly, Marmomac and Samoter, the company is already working "to accompany operators with support in terms of travel information and scheduling of B2B appointments," adds Bricolo.

Francesco Conci, CEO of Fiera Milano, is also confident: 'The difficulty of reaching Europe is an issue. However, barely 2% of our visitors come from Asia, from the area around Iran 1%, so for now the impact is limited. Rather, the biggest concern is about energy costs, although fortunately we produce 35% of the energy we use through the photovoltaic system built on our roofs. Of course, if the crisis does not recompose itself quickly, there could be more significant repercussions on some events scheduled for the second half of the year, such as CPHI in Milan or Host Arabia Riyadh. But the situation is too evolving to make predictions'. In the immediate future, at the end of the month Fiera Milano will host Mostra Convegno Expocomfort, which at the moment has no major cancellations.

From the ICE Agency they say that they are constantly monitoring the initiatives planned in the Persian Gulf region, in the Asian markets affected by potential connection difficulties, and the related incoming to Italia. "In light of the elements currently available, the overall picture does not show any serious or widespread criticalities and the situation appears to be substantially under control at the moment, although requiring the usual attention. Some initiatives have been prudently postponed or rescheduled, while for the others there are no elements such as to foresee significant impacts,' Ice explains.

Scenarios: more fairs in Europe?

It is too early to say whether this situation of uncertainty in a strategic area such as the Gulf can in any way benefit events held in Europe. What is certain, on the other hand, is that the strategy of internationalisation and diversification of geographies pursued consistently in the post-Covid years by the major exhibition groups certainly enables companies to reduce the impact of any cancellations or postponements. "There may be a shifting effect of visitors towards more stable areas, such as Europe, but these structural changes do not happen in a few months, so there is a risk that we may miss the 2026 window and have to wait for the next window, one or more years later,' observes Cristian Chizzoli, professor of strategic marketing at Bocconi University. 'Everything will depend on the duration of the conflict. However, I do not expect any structural changes: planning trade fair participation is a strategic activity, linked to specific targets and markets, which are not easily interchangeable'. However, adds the professor, 'if the war lasts for a long time, it will be necessary to reorganise, even moving some fairs to other regions'.

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