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

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