Import and Export Analysis of Taiwan's Machine Tool Components in 2019
Market News

Import and Export Analysis of Taiwan's Machine Tool Components in 2019

Looking back at the continuous fluctuations in the global manufacturing industry in 2019, the supply chain is in uncertainty, and the overall output value of Taiwan's machine tool components in 2019 will be affected.
Published: Aug 06, 2020
Import and Export Analysis of Taiwan's Machine Tool Components in 2019

According to the import and export declaration data of various customs areas in Taiwan provided by the Data Processing Office of the Ministry of Finance, the Taiwan Machine Tool and Components Industry Association (TMBA), the machine tool components include work object holders, indexing heads or Other machine tool special parts, metal cutting machine tool parts and accessories, metal forming machine tool parts and accessories, ball screws, ball or roller linear slides, the total export value from January to December 2019 was 1.391 billion US dollars, compared with 2018 In the same period of the year, the total export value was US$ 1.923 billion, a decline of 27.7%. Compared with the third quarter of 2019, the fourth quarter of 2019 was down by 2.2%.

About the analysis of various export items of machine tool parts and components, in the fourth quarter of 2019, work holding holders grew by 13.1% compared with the previous quarter. The total export value from January to December 2019 was US$68.46 million, a decrease of 24.8% from 2018; Heads or other special parts for machine tools decreased by 19% in the fourth quarter of 2019 compared with the previous quarter. The total export value from January to December 2019 was US$41.57 million, a decrease of 2.4% compared with 2018; metal cutting machine tool parts and accessories were fourth in 2019 The quarter decreased slightly by 0.4% compared with the previous quarter. The total export value from January to December 2019 was US$514 million, a decrease of 22.2% compared with last year; the fourth quarter of 2019 increased by 22.2% compared with the previous quarter. The total export value from January to December was US$155 million, a decrease of 14.7% from 2018; the fourth quarter of 2019 for ball screws decreased by 2.3% from the previous quarter, and the total export value from January to December 2019 was nearly US$130 million, a significant decrease from 2018 50.3%; Ball or roller linear slides in the fourth quarter of 2019 decreased by 11.9% compared with the previous quarter. The total export value from January to December 2019 was US$483 million, a decrease of 29.7% from 2018.

Analysis of exporting countries of machine tool components

In terms of the major exporters of overall machine tool components in 2019, China (including Hong Kong) is the largest market for Taiwan’s machine tool components, with a total export value of US$726 million, a decrease of 31.1% compared to 2018; followed by Japan, with total exports It was US$124 million, a decrease of 26.5% compared to last year, followed by the United States, the Netherlands, India, South Korea, Germany, Italy, Thailand, and Turkey.

Based on the analysis of the major exporting countries of various parts and components, the export of workpiece holders to India, Thailand, Vietnam, and the United Kingdom is showing positive growth, while the performance of China (including Hong Kong), South Korea and the United States is relatively weak; For other special parts of machine tools, Thailand's main exporting countries have the most impressive growth, Russia and Japan also have good performance, and Malaysia's exports have fallen sharply.

Except for the positive growth of metal cutting machine tool parts and accessories, exports to the United States, Russia, and the Netherlands showed negative growth. Among them, exports from China (including Hong Kong) and South Korea experienced a deeper decline; metal forming machine tool parts and Attached, the top three countries are China (including Hong Kong), Japan and the United States, etc. The export of this product is only growing positively in Italy.

The major exporting countries of ball screws all showed negative growth. Among them, exports to India declined the most, followed by China (including Hong Kong) and South Korea. The major exporting countries of the ball or roller-type linear slides also showed negative growth, and their exports to Japan and South Korea declined more.

Import statistical analysis of machine tool components

Statistical machine tool components include work object holders, indexing heads or other machine tool special accessories, metal cutting machine tool parts and accessories, metal forming machine tool parts and accessories, ball screws, ball or roller linear slides, the total import volume of machine tool components from January to December 2019 was US$250 million. Compared with the total import value of US$304 million in 2018, imports declined by 17.6%. The fourth quarter of 2019 was down 12.9% compared with the third quarter of 2019.

In terms of the analysis of various imported items of machine tool parts and components, in the fourth quarter of 2019, crop holders decreased by 2.5% compared with the previous season. Imports from January to December 2019 were US$22.59 million, a decrease of 1.9% compared to 2018; Heads or other special parts for machine tools increased by 43.8% in the fourth quarter of 2019 compared to the previous quarter. Imports from January to December 2019 totaled US$5.92 million, an increase of 20% compared to 2018; metal cutting machine tool parts and accessories were fourth in 2019 The quarter decreased by 9.4% compared with the previous quarter. The total import value from January to December 2019 was US$124 million, a decrease of 19.8% compared with 2018; the fourth quarter of 2019 decreased by 42.3% compared with the previous quarter. The total import value in December was US$36.87 million, a decrease of 13.2% from 2018; the fourth quarter of 2019 decreased by 9.3% from the previous quarter, and the total import value from January to December 2019 was US$17.89 million, a decrease of 29% from 2018; Ball or roller linear slides in the fourth quarter of 2019 decreased by 7.9% compared with the previous quarter, and the total export value from January to December 2019 was US$42.32 million, a decrease of 19.7% from 2018.

In terms of the main importing countries of overall machine tool components, Taiwan’s main importer of machine tool components accounted for 34.3% of imports from Japan. The total import value from January to December 2019 was US$85.66 million, a decrease of 10.5% compared to 2018. For China (including Hong Kong), the total import value was US$60.7 million, which was a decrease of 23.8% compared to 2018. Germany ranked third with a total import value of US$31.73 million, which was a decrease of nearly 33.2% compared to 2018, and then continued as Eda Liberia, Switzerland, the United States, the United Kingdom, Romania, South Korea, and France. The main importing countries are the United States, the United Kingdom, and France showing positive growth.

Published by Aug 06, 2020 Source :maonline

Further reading

You might also be interested in ...

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.
Headline
Market News
The Rise of LED Lighting: A Bright Future
LED (Light Emitting Diode) technology has marked a significant turning point in the way we illuminate our world. It has not only revolutionized the energy efficiency of lighting systems but also brought about innovations in design and application.
Headline
Market News
Exploring the World of Coffee Makers: Innovation Brewed to Perfection
Each morning, as dawn breaks, many find joy in brewing a fresh cup of coffee, savoring a moment of peace before the day's hustle begins. For many, achieving the perfect blend of flavor and aroma is essential; however, in our fast-paced world, time is a luxury, and when preparing that cherished brew, convenience becomes just as important as taste. Recognizing the need for both convenience and quality, coffee maker manufacturers have designed innovative solutions that cater to these demands. Home coffee makers ensure that even in the rush of a busy morning, anyone can quickly enjoy a cup of coffee that doesn’t compromise on flavor.
Headline
Market News
Functional Textiles in the World of Wearable Technology
The word "function" originates from Japan, so it is understandable that functional textiles began in various chemical fiber factories in Japan. In the early days, it was emphasized that new materials produce new functions, often first with relevant fiber function technologies, and then looking for new functional applications. What is the "functionality" of textiles? The most incisive "functional" design is multi-faceted. Functions are related to people themselves and their living environment, including comfortable and healthy functions, leisure and sports functions, safety and protection functions. Contains medical and physiological functions.
Headline
Market News
The Primary Challenge of Carbon Reduction in Supply Chains
Supply chain carbon emissions are 11.4 times greater than operational carbon emissions. Therefore, if companies are to move towards net zero, the effectiveness of supply chain carbon reduction will be an important key. However, supply carbon reduction faces two major problems: inconsistent calculation methods and low data transparency.
Headline
Market News
Understanding the Concept of Net Zero Emissions
With the pressure of international net-zero emissions and the clarion call for carbon tariffs in Europe and the United States, countries have formulated relevant policies to devote themselves to energy conservation and carbon reduction.
Headline
Market News
Display Equipment Market: Global Overview and Industry Development Trends
In response to the COVID-19 epidemic, various countries have issued a series of bans, city closures and traffic restrictions, driving the demand for housing, working at home, online shopping, and home entertainment. This in turn has driven the demand for 3C products such as information and communications products. Among these, display panels have shown one of the greatest increases in demand, and the global display screen equipment market grew by 19% in 2020, reaching USD 13.52 billion.
Headline
Market News
Analysis of Global Pneumatic Tool Industry Market
With the development of weapons, machinery, and chemical industries, pneumatic tools have been widely used and developed.
Headline
Market News
Automotive Component Supply Chain
A hidden important market in the automotive supply chain is the automotive after market (AM) which is used to satisfy after-sales repairs, inspections, maintenance, replacement, or modification services, and is an important part of the automotive supply chain.
Headline
Market News
Industry Development of Garment and Apparel Manufacturing in Taiwan
The textile industry was a leading sector in Taiwan's early industrialization stage. The growth and achievements of the textile industry also led to the development of other industrial sectors. The garment manufacturing industries are downstream industries in the textile industry chain. Its upstream includes fiber manufacturing, chemical additives, spinning, weaving, dyeing and finishing, and other industries. The garment manufacturing industry are the processing stage in the industry chain. It is also an important industry that gives added value to textiles.
Headline
Market News
Opportunity Analysis and Industry Forecast of Industrial Valves
The global industrial valve market will reach 85.6 billion U.S. dollars in 2022. From the perspective of product technology leadership, European countries, especially Germany, and the United States, are the main leaders, followed by Taiwan, Japan, South Korea, China and India.
Agree