Import and Export Analysis of Taiwan's Machine Tool and Components Industry in 2021
Market News

Import and Export Analysis of Taiwan's Machine Tool and Components Industry in 2021

In the face of the epidemic, material shortages, lack of manpower, port congestion, and soaring shipping costs, market demand and the structure of the global supply chain has changed.
Published: Mar 03, 2022
Import and Export Analysis of Taiwan's Machine Tool and Components Industry in 2021

Taiwan's machine tool industry scale:

In 2021, Taiwan's machine tool industry had a cumulative export value of US$2.783 billion, an increase of 29.1% over 2020. Among these exports, metal cutting machine tools accounted for 2.304 billion US dollars, and the export value of metal forming machine tools was 479 million US dollars.

In 2021, the cumulative import value of Taiwan's machine tools was 971 million US dollars, an increase of 42.6% over 2020. Among them, the import value of metal cutting machine tools was 862 million US dollars, an increase of 47.3% compared with 2020, while the import value of metal forming machine tools was nearly 110 million US dollars, an increase of 14.1%.

According to the analysis of machine tool types, the most common import items of metal cutting machine tools were electric discharge, laser, and ultrasonic machine tools, with an import value of nearly 425 million US dollars, accounting for 43.8% of the total import value. The main countries imported from were Japan, China, and Singapore. The second largest import category was lathes, with an import value of US$148 million, accounting for 15.2% of total imports, an increase of 78.2% compared with 2020. The main countries imported from were Japan, China, and Thailand.

Import markets of machine tools:

In 2021, the top ten countries Taiwan imported machine tools from were Japan, China, Germany, Singapore, Switzerland, Thailand, South Korea, Italy, the United States, and Israel. Machine tools imported from Japan accounted for 52% of the total imports, with an import value of US$505 million. Taiwan's imports from China amounted to nearly US$148 million, accounting for 15.2% of its total imports. Taiwan's imports from Germany amounted to 55.63 million, a slight decrease from 2020.  While imports from Japan and China were mainly electric discharge, laser, and ultrasonic machine tools, tools imported from Germany were mainly planing, plugging, pulling, sawing, and tooth cutting machine tools.

Analyze machine tools by region:

  • Discharge/Laser/Ultrasonic tool machines:
    The top 10 export markets are China, the United States, Japan, India, South Korea, Russia, Germany, Mexico, Vietnam, and Turkey. Among them, the market demand in Mexico and Germany showed a high growth, while exports to Vietnam, China, and the United States showed a decline.
  • Integrated processing machines:
    The top 10 export markets are China, Turkey, the United States, the Netherlands, Italy, Malaysia, Russia, India, Germany, and Japan. Among them, Italy, Malaysia, and the Netherlands grew the most.
  • Lathes:
    The top 10 export market countries are China, the United States, Turkey, Russia, Thailand, India, the Netherlands, the United Kingdom, Vietnam, and Italy. Among them, Thailand and Italy have performed better in export growth, while the increase in the United States has been relatively small.
  • Drilling/boring/milling/tapping machine tools:
    The top 10 export market countries are China, the United States, Thailand, Vietnam, Turkey, India, Russia, Italy, the United Kingdom, and Malaysia. The main export markets are all growing, and among them, the market demand of Italy has increased the most.
  • Grinder:
    The top 10 export market countries are China, the United States, Japan, Turkey, India, Russia, Thailand, Germany, South Korea, and Vietnam. Market exports grew best in Thailand, while Germany's demand grew relatively less.
  • Planing/Plunging/Pulling/Gearing Tool Machines:
    The top 10 rankings are the United States, China, Australia, Germany, the Netherlands, Vietnam, South Korea, Russia, Malaysia, and Turkey. Among them, Turkey and Malaysia showed the most outstanding demand, and Germany and the Netherlands also performed well.
  • Forging, stamping, and forming tool machines:
    The top 10 export destination countries are China, the United States, Vietnam, Mexico, Thailand, India, Turkey, Japan, Malaysia, and Indonesia. Of the export markets, Mexico's demand is seeing the largest growth, while Indonesia and Japan's demand performance is relatively weak.
  • Other forming tools:
    The top 10 exporting countries are China, Vietnam, Thailand, Turkey, India, the United States, Indonesia, South Korea, Brazil, and Russia. The main export markets are Russia and Brazil with the largest growth in exports.

Taiwan component import and export analysis in 2021:

For machine tool components such as work clamps, indexing heads or other special machine tool accessories, metal cutting machine tool parts and accessories, metal forming machine tool parts and accessories, ball screws, and linear slides, the total export value was 2.138 billion US dollars in 2021.

Analysis of exports of machine tool components:

  • The cumulative export value of work grippers in 2021 was US$95.98 million, an increase of 34.5% over 2020.
  • The cumulative export value of indexing heads or other special machine tool accessories in 2021 was US$65.29 million, an increase of 56.8% over 2020.
  • The cumulative export value of metal cutting machine parts and accessories in 2021 was nearly 710 million US dollars, an increase of 48.2% over 2020.
  • The cumulative export value of metal forming machine tool parts and accessories in 2021 was nearly 190 million US dollars, an increase of 32.5% compared with 2020.
  • The cumulative export value of ball screws in 2021 was 296 million US dollars, an increase of 89% over 2020.
  • The cumulative export value of linear slides in 2021 was US$781 million, an increase of 52.1% over 2020.

Analysis of component export market countries:

China was Taiwan's largest market for machine tool components, with exports totaling US$1.35 billion. It was followed by Japan, with exports totaling $121 million, followed by the United States, the Netherlands, South Korea, India, Italy, Germany, Thailand, Turkey.

  • The export performance of work clamps increased in Australia, while the United States, Sweden, and Vietnam showed a decline.
  • For indexing heads or other special accessories for machine tools, among the major export market countries, Malaysia's exports showed a decline, while exports to South Korea, India, and Singapore's performed relatively well.
  • The export market demand for metal cutting machine parts is booming, and the Netherlands is the most outstanding, followed by Thailand.
  • For metal-forming machine tool parts and accessories, the main export markets are showing a growth trend, among which the export growth of the United States, Italy, and Malaysia is more prominent.
  • The best performance for ball screw exports was to Germany, while Turkey's export performance was relatively weak.
  • For linear slides, all major exporting countries are growing, among which Italy, Japan, and Germany have higher growth rates.

Statistical analysis of component imports:

Imported items of machine tool components include workpiece holders, indexing heads or other special machine tool accessories, metal cutting machine tool parts and accessories, metal forming machine tool parts and accessories, ball screws, and linear slides. The cumulative import value in 2021 was 275 million US dollars, an increase of 44.5% compared with 2020.

The main importer of Taiwan's machine tool components was Japan, accounting for 35.2% of the total exports, followed by China's imports of 85.55 million US dollars. Germany was third, with imports totaling nearly $27.62 million. It is followed by Italy, Switzerland, the United States, the United Kingdom, South Korea, Romania, and Vietnam. Except for the decline in exports to the United States compared with 2020, the performance of other markets was mostly growth.

In response to the developing trend of smart manufacturing, small quantity, and diversity, the machine tool and component industry have promoted common norms in recent years to create a development environment that is both competitive and cooperative. It is also expected to promote import substitution in aerospace, defense, semiconductor, and energy equipment. The rise of chemical and new energy vehicles will also bring new opportunities for the machine tool industry.

Published by Mar 03, 2022 Source :maonline, Source :maonline

Further reading

You might also be interested in ...

Headline
Market News
Smart Milling Machines, IoT, and High-Speed Milling
Technological advancements in the machine tools industry are constantly shaping the way manufacturers approach production. The integration of Smart Milling Machines with the Internet of Things (IoT), often referred to as Industry 4.0, propels the industry toward unprecedented levels of efficiency and productivity.
Headline
Market News
CNC Milling AI Technology and Nano-Machining
Advancements in Computer Numerical Control (CNC) milling technology have propelled CNC milling machines into a new era of precision, speed, and efficiency. Nano-machining allows the fabrication of components and structures with dimensions on the nanometer scale, typically ranging from 1 to 100 nanometers. These technological advancements, combined with the integration of artificial intelligence (AI) and automation, have had a profound impact across manufacturing industries.
Headline
Market News
Innovations in Grinding Wheel Technology: Materials, Design and 3D Additive Manufacturing
From the rudimentary stones used in ancient times to the highly sophisticated wheels of today, the evolution of grinding wheel materials and design has been marked by a relentless pursuit of precision and efficiency. Early grinding wheels were often made from natural abrasives like sandstone. Today, materials such as aluminum oxide and silicon carbide, along with advancements in design and the introduction of additive manufacturing, have revolutionized the grinding process.
Headline
Market News
Environmental Sustainability in Grinding Operations
Grinding operations have significant environmental impacts, contributing to carbon emissions and resource depletion. The manufacturing industry is transforming for sustainability, with grinding machines adopting eco-friendly practices and pursuing green certifications to enhance their role in sustainable manufacturing.
Headline
Market News
The Evolution of Advanced Precision Grinding Machine Technologies
The evolution of precision grinding machines has been nothing short of revolutionary. With the integration of cutting-edge technologies, the sector has witnessed remarkable advancements, including the incorporation of Artificial Intelligence (AI), automation, and Industry 4.0. The latest innovations in grinding machine technology include the seamless integration of AI and automation, advanced control systems, as well as the profound impact of Industry 4.0 on grinding processes, driving higher efficiency, precision, and adaptability.
Headline
Market News
EDM in the Era of Industry 4.0: Challenges and Solutions
The integration of Electrical Discharge Machining (EDM) into Industry 4.0 marks a new era of smart manufacturing, where interconnected technologies, data-driven processes, and automation play pivotal roles. Incorporating EDM into the broader framework of Industry 4.0 has brought forth many new challenges, ranging from cybersecurity concerns to interoperability issues and the optimization potential of data analytics. These challenges have spurred the discovery of unique solutions to address them.
Headline
Market News
The Rise of Solid-State Drives: Accelerating the Future of Data Storage
As the demand for faster, more efficient, and reliable data storage solutions continues to increase at incredible rates, Solid State Drives (SSDs) have brought about a monumental leap forward from traditional Hard Disk Drives (HDDs). Known for their robust performance, durability, and efficiency, SSDs have quickly become the preferred storage solution over traditional HDDs.
Headline
Market News
Optical Switches: Revolutionizing Data Transmission
Optical switches are devices used in optical fiber communication networks to selectively switch or route light signals from one optical fiber to another without converting the optical signal to an electrical signal. They are used in optical communication networks, data centers, and other industries where efficient signal routing and switching are paramount.
Headline
Market News
Lighting the Way: The Rise of Solar Powered LED Lights
Solar Powered LED Lights merge the low power requirements of LED technology with the renewable energy capabilities of solar power, offering an eco-friendly solution for diverse lighting needs across various settings. From emergency response and relief efforts to captivating art exhibits, creative minds are continually discovering new and innovative uses for this transformative technology.
Headline
Market News
Maximizing Connectivity: USB-C to HDMI+VGA+Audio Splitters
With the ever-increasing complexity of electronic devices such as smartphones, laptops, and PCs, there has been a corresponding need for versatile and efficient ways to transmit the ever-increasing data and multimedia. To meet these rising data transfer needs and enhance digital connectivity, various forms of connectors have been designed.
Headline
Market News
The Art of Bicycle Manufacturing: Blending Tradition with Innovation
From traditional craftsmanship to modern production techniques, bicycle manufacturing represents a blend of artistry, precision engineering, and technological innovation. The contrast between traditional and modern techniques can significantly affect the final product’s quality, performance, appeal, and brand loyalty. Quality control and testing protocols, along with collaborative efforts that drive innovation, and the enduring value of craftsmanship, significantly influence the art of bike building.
Headline
Market News
USB “Fast Charge” Car Chargers: Evolution and Technology
Staying connected in today’s digital world is no longer a luxury—it's a necessity. Reliable and continuous use of smartphones and other portable electronics would not be possible without the constant connectivity offered by portable USB chargers. One very important category of USB chargers is those used in cars, which convert the car's 12V electrical supply into a USB-compatible electric output suitable for consumer electronics. This has led to a robust market for USB car chargers, highlighting the unique applications and benefits of these types of chargers.
Agree