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2009 Taiwan machine tools exports and imports

Date: 2010-06-30

Under the environment of the global machine tool market depression, Taiwan machine tools export amounted to US$ 1,743 million in 2009, dropping by 53.2% YOY, which shows the declined demand for machine tool in the global manufacturing industry, because of the global financial and economic crisis. Meanwhile, the devaluation of the Korean Won also made an impact on the foreign order decline of Taiwan machine tools in 2009.

Export of Taiwan Machine Tools

According to recent custom statistics published by Directorate General of Customs, MOF, total export value of Taiwan machine tools was US$ 1,743 million in 2009, decreased by 53.2% compared to 2008 (see table 1), which shows the declined demand for machine tool in the global manufacturing industry, because of the global financial and economic crisis. Meanwhile, the devaluation of the Korean Won also made an impact on the foreign order decline of Taiwan machine tools in 2009. Analyzing the export performance of Taiwan machine tools in 2009, cutting machine tools shared US$ 1,324 million, which was down 55.3% from the previous year. Forming machine tools shared US$ 419 million with 44.6% decline compared to 2008 level.
By the product category of machine tools, Machining Centers ranked first place with the export value of US$ 473 million, decreased by 60.7% YOY. Lathes ranked second place with the amount of US$ 389 million, 54.6% down YOY, followed by Presses and Shearing Machines with the export valueof US$ 319 million, declined 47.3%. Drilling, Boring, Milling M/C and Other Metal Forming MT fell by 46.6%, and 33.5%, Shaping, Sawing, Gearing M/C, Grinding Machines and EDM, Laser Cutting M/C were also down 47.4%, 54.3% and 49.9% separately. See table 1 for details.

 
table-1. 2005~2009 Exports of Taiwan Machine Tools by Products
Unit: Ten Thousand USD
Year
Code/ Products
8456/ EDM, Laser Cutting M/C, etc.
8457/ Machining Centers
8458/ Lathes
8459/ Drilling, Boring, Milling M/C
8460/ Grinding Machines
8461/ Shaping, Sawing, Gearing M/C
8462/ Presses & Shearing Machines
8463/ Other Metal Forming MT
Total
2009
Value
7,738
47,346
38,933
19,744
8,787
9,865
31,974
9,943
174,329
Change(%)
-49.9%
-60.7%
-54.6%
-46.6%
-54.3%
-47.4%
-47.3%
-33.5%
-53.2%
Ration(%)
4.4%
27.2%
22.3%
11.3%
5.0%
5.7%
18.3%
5.7%
 
2008
Value
15,442
120,365
85,681
36,980
19,235
18,746
60,700
14,958
372,106
2007
Value
14,934
115,868
69,934
36,582
20,098
18,671
61,773
13,524
351,383
2006
Value
17,988
92,655
58,926
30,216
18,777
15,907
53,506
13,785
301,759
2005
Value
15,334
77,461
50,259
27,884
16,120
14,227
53,688
14,719
269,693
Source: Directorate General of Customs, ROC; Collection and Analysis: TMBA
 

Fig.1 2005~2009 Exports of Taiwan Machine Tools 

Source: Directorate General of Customs, ROC; Collection and Analysis: TMBA
 


Import of Taiwan Machine Tools 

According to custom statistics published by Directorate General of Customs, MOF, Taiwan imported US$ 340 million of machine tools in 2009, which decreased by 77.8% compared to 2008 level (see table 2). Among that, the imports of cutting machine tools amounted to US$ 272 million, falling by 80.9% YOY (year-on-year). Farming machine tools shared US$ 68 million, falling by 36.8% YOY.
Following is the ranking of imported machine tools by the product category. EDM, Laser Cutting M/C ranked first with the import value of US$ 14 million and dropped by 90.6% YOY. Presses and Shearing Machines were second whose imported value amounted US$ 59 million, with 35.6% decline. Grinding Machines ranked third with the imported amount of US$ 54 million, less 42.0% YOY. Lathes and Shaping, Sawing, Gearing M/C fell by 49.1% and 31.4%. Machining Centers, Drilling, Boring, Milling M/C and Other Metal Forming MT were also down 57.1%, 56.2% and 43.3% separately. See table 2 for details.
 

 
table-2. 2005~2009 Imports of Taiwan Machine Tools by Products
Unit: Ten Thousand USD
Year
Code/ Products
8456/ EDM, Laser Cutting M/C, etc.
8457/ Machining Centers
8458/ Lathes
8459/ Drilling, Boring, Milling M/C
8460/ Grinding Machines
8461/ Shaping, Sawing, Gearing M/C
8462/ Presses & Shearing Machines
8463/ Other Metal Forming MT
Total
2009
Value
10,492
2,531
4,107
1,786
5,416
2,923
5,902
924
34,081
Change(%)
-90.6%
-57.1%
-49.1%
-56.2%
-42.0%
-31.4%
-35.6%
-43.3%
-77.8%
Ration(%)
30.8%
7.4%
12.1%
5.2%
15.9%
8.6%
17.3%
2.7%
 
2008
Value
111,145
5,895
8,070
4,076
9,331
4,260
9,166
1,632
153,574
2007
Value
215,189
5,102
9,402
4,168
8,633
3,538
7,772
1,934
255,737
2006
Value
163,160
3,822
7,858
3,996
10,840
3,065
8,022
2,485
203,248
2005
Value
109,164
4,087
7,135
4,338
11,120
3,839
9,667
3,452
152,801
Source: Directorate General of Customs, ROC; Collection and Analysis: TMBA



Fig.2 2005~2009 Imports of Taiwan Machine Tools

 
Source: Directorate General of Customs, ROC ; Collection and Analysis: TMBA
 

 

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