Exports/ Imports of Taiwan Machine Tools 2016 Q1

Jul 22, 2016

In international business situation, due to international capital tends to remain loose, and oil-producing countries release the intention to cease production, which lead the rebound of oil price and lift the economy of the main countries, further stablize the global economy. In domestic business situation, with lower interest rate, domestic companies show a positive perspective in the future.
 
Export value of USD 636 million in 2016 Q1, down by 20.3% YOY
According to Custom statistics published by Directorate General of Customs and Department of Statistics, and analyzed by Taiwan Machine Tool & Accessory Builders’ Association (TMBA), total export value of machine tools in 2016 Q1 was USD636 million, down by 20.3% YOY. The exports of Metal Cutting machine tools down by 22.4% with USD523 million, and of Metal Forming machine tools down by 9% with USD113 million. Compared monthly, the export value of machine tools on Mar. 2016 grew by 30.6% compared to Feb. 2016; in which Metal Cutting machine tools grew by 26.9%, and Metal Forming machine tools up by 48.3%.
 
To the export products of machine tool, the top three products of total export value in 2016 Q1 are as follows: Machining Centers, Lathes, and Presses & Shearing machines. The export value of Machining Centers totaled USD 238 million down by 14.3% YOY. Lathes ranked second place with the amount of USD 116 million, down by 35.2% YOY, followed by Presses & Shearing machines with the amount of USD 87.81 million, declined by 8.9% YOY. Please see Table 1 for details.

Export market of machine tools

The top 10 exporting countries of machine tools in 2016 Q1 are as follows: China (incl. Hong Kong), USA, Turkey, Germany, Thailand, Netherlands, Vietnam, India, Japan, and Korea. The export value to China (incl. Hong Kong) was USD181 million with share of 28.4%, down by 27.9% YOY. USA is ranked as second place with the amount of USD74.16 million with share of 11.7%, down by 16.8%, followed by Turkey with the amount of 41.97 million with share of 6.6%, down by 17.1%. In other export countries, only India had better performance with growth rate of 4.5%. Please see Figure 1, Figure 2 and Table 2 for details.

Figure1　Breakdown of Taiwan Machine Tools exports in Q1 2016 by Area

Figure 2　Breakdown of Taiwan Machine Tools exports in Q1 2016 vs 2015 by Destination

Exports by destination
EDM, Laser Machines, Cutting M/C etc.: The top 10 export countries are as follows: China (incl. Hong Kong), Vietnam, USA, India, Japan, Italy, Korea, Germany, Turkey and UK, in which, Italy and Turkey had better performance, nonetheless it showed a lot more decline to Korea and Japan. Please see Table 3 for details.
 
Machining Centers: The top 10 export countries are as follows: China (incl. Hong Kong),USA, Turkey, Netherlands, Germany, Korea, Italy, Japan, Russia and India, in which India had great growth rate, and Turkey and Italy showed a lot more decline. Please see Table 4 for details.
 
Lathes: Exports to Belgium and Italy showed positive growth, but negative to other countries. The top 10 export countries are as follows: China (incl. Hong Kong), USA, Turkey, Belgium, Thailand, Germany, Russia, UK, Netherlands and Italy. Please see Table 5 for details.
 
Drilling, Boring, Milling M/C: Indonesia and Germany had strong demand, but India and Vietnam had a lot more decline. The top 10 export countries are as follows: China (incl. Hong Kong), USA, Thailand, Germany, Turkey, Indonesia, Canada, Singapore, India and Vietnam. Please see Table 6 for details.
 
Grinding Machines: The top 10 export countries are as follows: China (incl. Hong Kong), USA, Germany, Japan, Russia, Thailand, India, Korea, Vietnam and UK, in which, Japan had the best performance, but Vietnam had a lot more decline. Please see Table 7 for details.
 
Shaping, Sawing, Gearing M/C: The top 10 export countries are as follows: China (incl. Hong Kong), USA, Vietnam, Korea, Japan, Malaysia, Germany, Thailand, Netherlands and Australia, in which, Vietnam, Malaysia, Netherlands and Australia showed positive growth, and Thailand had a lot more decline. Please see Table 8 for details.
 
Presses & Shearing Machines: The top 10 export countries are as follows: China (incl. Hong Kong), USA, Thailand, Indonesia, Vietnam, India, Brazil, Japan, Turkey and Malaysia, in which, Turkey and Brazil had more growth, and Malaysia showed a lot more decline. Please see Table 9 for details.
 
Other Metal Forming Machine Tools: The top 10 export countries are as follows: China (incl. Hong Kong), India, Thailand, Vietnam, Indonesia, Turkey, Iran, Myanmar, Korea and USA. Please see Table 10 for details.

To the export volume of machine tools, Machining Centers had monthly average 1,233 units from 2014 to Mar. 2016, and 1,015 units in 2016 Q1. Lathes had 1,736 units from 2014 to Mar. 2016, and 1,463 units in 2016 Q1. Milling Machines had 12,601 units from 2014 to Mar. 2016, and 14,012 units in 2016 Q1. Drilling, Boring, Milling M/C had 2,316 units from 2014 to Mar. 2016, and 2,448 units in 2016 Q1. Presses & Sharing Machines had 2,005 units from 2014 to Mar. 2016, and 1,352 units in 2016 Q1. Please see Chart 3 to Chart 7 for details.

Import value of machine tools was USD179 million in 2016 Q1, up by 4.6% YOY.
 
According to Custom statistics published by Directorate General of Customs and Department of Statistics, and analyzed by Taiwan Machine Tool & Accessory Builders’ Association (TMBA), total import value of machine tool in 2016 Q1 was USD179 million, up by 4.6% YOY. The imports of Metal Cutting machine tools slightly down by 0.2% with USD152 million, and of Metal Forming machine tools grew by 43% with USD27.19 million. In category of Metal Cutting Machine Tools, the top import product is EDM, Laser Machines, Cutting M/C etc. down by 11.7% with USD48 million of share of 26.8%, and the main importing countries are Japan, Korea and Germany. The second import product is Machining Centers, which import value was USD28.31 million with share of 34.2% and the main importing countries are Japan, Germany and Switzerland. Compared to the last month, the import value of machine tools on Mar. 2016 grew by 37.6% compared to Feb. 2016; in which Metal Cutting machine tools grew by 42.1%, and Metal Forming machine tools up by 12.6%. Please see Table 11 for details.

Import market of machine tools
 
Analyzed by area in 2016 Q1, the top 10 importing countries are as follows: Japan, Germany, Korea, China (incl. Hong Kong), USA, Switzerland, Italy, Thailand, Austria and UK. The import value from Japan was USD85.77 million, slightly grew by 1.1% YOY with highest share of 47.9%. Germany is ranked as second place with the amount of USD26.19 million with share of 14.6%, sharply grew by 48.2%. Among import countries, China (incl. Hong Kong) and Switzerland showed the declines, and others showed positive growth, in which Austria and UK had biggest growth rate with the main product of Presses & Shearing Machines. Please see Table 12 for details.

 

Source: TMBA- Taiwan Machine Tool & Accessory Builders’Association