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A Report for Current Status of Taiwanese Machine Tools Industry in September 2007

Date: 2007-06-12

 1. Exports of Taiwan Machine Tools

Based on the customs statistics, from January to September 2007, the total export value of Taiwan machine tools reached US$ 2.5 billion reflecting a 15.1% growth compared to last year. The export is increasing steady. Among which cutting tools shared US$ 2.0 billion with growth of 17.5% comparing with the same period in last year. Forming machine tools shared US$ 531 million with a growth of 7.3%. (1) Exports Categorized by Products To categorize by products among machine tools, machining centers grew 20.9%, lathes by 17.8%, grinding machines increased by 7.5% and milling machines by 22.5%. Among forming machine tools, forging and punch presses increased by 11.8%, and other forming machine tools reduced by 9.5% when comparing with the same period in last year. Refer to Table 1 for details. (2) Exports Categorized by Countries To rank by countries, China and Hong Kong were first with an export value of US$ 926 million, sharing 37.2% of the total export value and showing a 13.5% growth. The US ranked second with an amount of US$ 245 million, sharing 9.8% of the total export value and showing a 3.8% growth. Turkey ranked third with the amount of US$ 120 million, sharing 4.8% of the total and had 9.2% growth comparing to the same period in last year. Following are Germany growth 107%, Holland 35.0%, Italy 43.4%, Thailand negative growth 11.4%, India 12.5%, Korea negative growth 11.2%, Japan growth 14.8% and the UK 23.2%. Refer to Table 2 for details.

2. Imports of Taiwan Machine Tools

According to Customs statistics from January to September 2007, the import value of Taiwan machine tools amounted to US$ 2.0 billion, which was 44.3% more than the last year. Among which cutting machine tools amounted to US$ 2.0 billion which increased by 47.6% compared to the previous year. Forming machine tool shared US$ 72 million which had a negative growth of 11.0%. (1) Imports Categorized by Products From January to September 2007 the major imported machine tools were unconventional machine tools which grew 54.1% over the last year. Among which machining centers had a growth of 53.1%; lathes increased by 30.8%; boring and milling machines increased by 18.4% and grinding machines decreased by 22.4%. In 2005 demands of machine tools from high-tech industry dropped down, but then bounced back and greatly increased in 2006 and 2007. As for the imports of forming machine tools, forging and punch presses dropped by 10.0%, and other forming machines decreased by 14.4%. The statistics also indicate that the demand for imported equipment from conventional industries such as automotive and metal working continues to grow steady. The demand from the high-tech industries such as semi-conductor, information, communications, electronics, photo-electronics and so on, shows the strength in rising again. Refer to Table 3 for details. (2) Imports Categorized by Countries To rank the countries from which Taiwan imported machine tools from January to September 2007, Japan was the first with an amount of US$ 870 million, sharing 42.6% of the total import value and reflecting a 28.4% growth. The US ranked second with an amount of US$ 855 million, sharing 41.9% of the total import value. This reflected a 81.1% growth. Korea ranked third with an amount of US$ 103 million, sharing 5.0% of the total and increased by 119%. Refer to Table 4 for details.