Analysis: China's Taiwan Machine Tool Export Situation

According to relevant sources, Taiwan’s machine tool exports increased significantly from January to August 2010, up 62.9% year-on-year, and imports increased by 97.6%, indicating a significant increase in demand for equipment in the high-tech industry.

I. Import analysis of machine tools According to the import statistics of China's Taiwan Customs, from January to August 2010, the imports of machine tools in Taiwan reached US$419 million, an increase of 97.6% year-on-year. Among them, the import value of cutting machine tools was 333 million U.S. dollars, an increase of 97.5% year-on-year; the import value of forming machine tools was 86.21 million U.S. dollars, an increase of 97.6% year-on-year.

1. Imports of Machine Tool Products Imports The gradual decrease in imports was mainly due to high-tech industries in 2006 and 2007. Demand for imported equipment was booming and it began to decrease substantially in 2008. From January to August of 2010, the main imported machine tools were non-traditional machine tools, import volume increased by 179% year-on-year, machining centers increased by 77.3% year-on-year, lathes increased by 156.6% year-on-year, drill-boring and milling machines increased by 71.3% year-on-year, and grinders decreased by 12.5% ​​year-on-year. High-tech industrial processing machine tools began to increase dramatically in 2006 and 2007, and fell sharply in 2008. In 2009, it was a major recession.

Imports of forming machine tools, forging press shearing machinery increased by 110.9% year-on-year, while other forming machine tools increased by 23.7% year-on-year. From the above import data, the demand for imports from traditional industries in recent years will continue to grow moderately, such as precision parts and components, and metal products processing. The emerging high-tech industries such as semiconductors, information, electronics, communications, and optoelectronics have experienced strong demand in 2006 and 2007, and have experienced significant declines in 2008. In 2009, they have significantly decreased.

2. Machine Tool Import Sources The main source of imported machine tools in Taiwan, China ranked first in January-August 2010, with an import value of US$ 247 million, accounting for 59.0% of the import value and a year-on-year increase of 155.4%. Germany ranked second with imports amounting to 32.29 million US dollars, accounting for 7.7% of imports, a year-on-year decrease of 2.7%. Switzerland ranked third, with imports amounting to 25.43 million U.S. dollars, accounting for 6.1% of imports, an increase of 113.4% year-on-year.

Second, the machine tool export analysis based on Taiwan's regional export statistics, from January to August 2010, Taiwan's machine tool exports reached 1.841 billion US dollars, an increase of 62.9%, the export situation improved significantly. Among them, the cutting machine tool was 1.426 billion U.S. dollars, an increase of 67.2% year-on-year; the export value of forming machine tools was 414 million U.S. dollars, an increase of 49.8% year-on-year.

1. According to the growth analysis of the machine tool product category, the machining center increased by 86.1% year-on-year, the lathes increased by 31.1%, the grinders increased by 99.1%, and the boring and milling machines increased by 76.8%. For the forming machine part, the forging and punching shearing machinery increased by 45.8% year-on-year, and other forming machine tools increased by 65.5% over the same period of last year.

2. Exports of machine tools to countries and regions ranked according to export volume. From January to August 2010, China and Hong Kong ranked first, with an export value of 882 million U.S. dollars, accounting for 47.9% of the total export value, an increase of 110.2% year-on-year. In January 2010, it exported 76.5 million U.S. dollars to the mainland market, a year-on-year increase of 120%. Exports to the mainland market in February amounted to US$46.29 million, a year-on-year increase of 26.1%. Exports to the mainland market in March were US$111 million, up 88.3% year-on-year. Exports to the mainland market in April reached US$113 million, an increase of 116% year-on-year. In May, China exported 136 million U.S. dollars to the mainland market, an increase of 178% from the same period of last year. In June, it exported US$121 million to the mainland market, up 33.4% year-on-year. In July, it exported to the mainland China market 143 million U.S. dollars, up 225% year-on-year. In August, it exported to the mainland market 135 million U.S. dollars. , a year-on-year increase of 152%. From the January-August month of export to the mainland, the mainland market seems to have a trend of more rapid growth.

The United States ranks second, with exports amounting to 91.11 million US dollars, accounting for 4.9% of total exports, a year-on-year decrease of 1.8%. India ranks third, with exports of 76.43 million U.S. dollars, accounting for 4.2% of total exports, an increase of 122.7% year-on-year.

The rest was Thailand's growth of 69.0% year-on-year, Brazil's growth of 81.0%, Turkey's growth of 230.6%, Malaysia's growth of 105.0%, South Korea's growth of 265.7%, Vietnam's year-on-year increase of 47.2%, Indonesia's growth of 108.5%, Germany's year-on-year decrease of 34.7 %, the Netherlands decreased by 4.6% year-on-year, Italy was down 15.7% year-on-year, Japan was down 0.3% year-on-year, and Australia was up 29.4%.

III. Conclusion In the first half of 2010, the machine tool industry in Taiwan has rebounded sharply. The orders received in the fourth quarter have been completed, and companies are taking orders for the first quarter of next year. The factory also began to appear to work overtime and increase the number of employees. This indicates that the industry is rebounding sharply. The orders received are still dominated by urgent orders and short orders. The manufacturers must have the ability to respond quickly and deliver goods. Faced with the biggest problems, one is the lack of spare parts supply, and the other is the appreciation of the New Taiwan dollar against the US dollar, which has affected the export of Taiwan's machine tool manufacturers in the fourth quarter.

In general, the major machine tool producing countries in the world are all forecasting to be good in 2010. Based on the collected data, the forecasts from Germany, the United States, Japan, and other countries all show signs of increased orders compared with the previous year.