China's Machine Tool Consumption Increased Amount Of Imports Is Still Ranked No. 1

Company, according to Cadena announced the 2007 World 29 countries and regions Machine

tool Sales data (data by the Chinese Association of China Machine Tool Industry data released by the actual amendment), we continue to maintain the import and Consumption In the world, the world's third production, export the world's eighth position.

World machine tool production growth 29 major machine tool producing countries (regions) in 2007 totaled 70.86 billion U.S. dollars machine tool production, an increase of 19%, and continued good since 2003 increasing pattern. One output of the top five were: Japan, Germany, China, Italy, South Korea. The top five and the total output value of 70.2% of world output. Japan's output value accounted for 20.4 percent of world output, more than one-fifth of world output. China's machine tool production (10.75 billion U.S. dollars) to keep the world's third location, but the gap between Germany and the second is much smaller.

The boom led to rapid growth of world machine tool one of the reasons, in addition to depreciation of dollar against the yuan and the euro also makes use of the world machine tool output in dollar terms more growth. Value in dollar terms in 2007 increased more than 20% except for China are: Germany (26%), Italy (27%), Austria (40%), Turkey (25%), Czech Republic (45%), Mexico (36% ) India (30%) and Brazil (21%).

Although the ranking has not changed, but the output value of China's machine tool output in the world, is increasing the .. 3 percentage points. China's machine tool output value of 10.75 billion U.S. dollars in less than the number two in Germany 1.975 billion U.S. dollars, accounting for 15.2% of the world machine tool output, compared with 11.9% in 2006, increased by 3.3 percentage points.

In addition, the Asian countries (regions) machine output has also been rapid growth in China, Korea, China Taiwan and India are maintaining a double-digit growth, the above four plus Japan and the output value of 346 billion dollars, representing the world's output of 48.8%. It is worth noting: to 14.44 billion U.S. dollars in Japan leads the world output, up 7% more than second-place Germany by 17.2 billion U.S. dollars, China's 10.75 billion U.S. dollars, up 52%, the growth rate is the highest in 29; South Korea's 4.55 billion U.S. dollars, up 11%, ranking fifth in the world; China Taiwan 4.38 billion U.S. dollars, up 14%; India 480 million U.S. dollars, up 30%.

It says that the output value from the consumer level, the Chinese machine tool consumption in 2007 amounted to 16.17 billion U.S. dollars, accounting for 23% of the world machine tool output, maintaining the world. Consumption value of Chinese machine tool machine tool consumption in the world than the second third of Japan and Germany combined. World machine tool consumption countries (regions) were: China, Japan, Germany, the United States, Italy, South Korea and China Taiwan, consumption of more than 7 71% of the world machine tools.

World machine tool imports and exports continue to increase

2007 of 29 major machine tool producing countries and import of machine tools totaled 36.05 billion U.S. dollars, an increase of 14.6%, total exports of 39.25 billion U.S. dollars, an increase of 18.4%. 7 .. China imported 700 million U.S. dollars, is the world's largest machine tool importer, the following order: the United States, Germany, China Taiwan and Italy, the top five import value of imports and the value of the world's machine tool imports 55%. China's machine tool imports also remain in the world, but a slight decrease over the previous year, 23.1% in 2006, dropped to 19.6% in 2007.

View from exports in 2007, Germany surpassed Japan as the world's largest exporter of machine tools, machine tool exports 9.168 billion U.S. dollars, the following are: Japan, Italy, China Taiwan and Switzerland, the top five export value and export value for the world machine tool of 68.4%. Their export value / output rate of more than 50%, Germany, China Taiwan and Switzerland, more than 70%! China's machine tool exports of 1.65 billion U.S. dollars, continue to maintain the world's eighth, and ranks seventh in the United States but is very close to, the export value of China's machine tool output value accounts for only 15.4%, continued to expand machine tool exports, especially high-grade and CNC machine tools Exports, or China's machine tool business efforts.

by: heiyou

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