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Taiwan Machine-tool Industry Garners 69.9% YoY Growth in 2010 Exports

Mar 11, 2011 | By Ben Shen

Taipei, March 11, 2011 (CENS)--Taiwan exported US$2.961 billion worth of machine tools in 2010, representing a 69.9% year-on-year growth, according to customs-cleared statistics compiled by the Taiwan Machine Tool Foundation (TMTF).

Of the total exports, those of metal-cutting machine tools came to US$2.331 billion, up 76.1% and metal-forming machine tools US$630.33 million, up 50.4%.

In terms of specific items, machining centers saw exports grow 98.4% year-on-year in 2010; lathes, up 41.7%; grinding machines, up 102.3%; and drilling, boring and milling machines, up 81.1%.

China and Hong Kong together was the largest export outlet by absorbing US$1.361 billion worth of machine tools in 2010, up 109.1% from 2009 and accounting for 46% of the total exports. The second place went to the U.S. with US$162.69 million, up 30.3% and commanding 5.5%. India ranked third with US$137.05 million, up 130.5% and accounting for 4.6%.

Other major export outlets, in descending order, were Thailand, Turkey, Brazil, Malaysia, South Korea, Indonesia, Germany, Vietnam, the Netherlands, Japan, Italy and Singapore.

The TMTF's tallies also show Taiwan imported US$703.61 million worth of machine tools in 2010, up 106.5% year-on-year. Imports of metal-cutting machine tools came to US$572.36 million, up 110% year-on-year and those of metal-forming machine tools amounted to US$131.25 million, up 92.3%.

Japan was the largest import source by selling US$419.04 million worth of machine tools to Taiwan in 2010, up 150.7% year-on-year and accounting for 59.6% of the total imports. The second place went to Germany with US$61.53 million, up 32.4% and commanding 8.7%. Switzerland ranked third with US$46.97 million, up 138.1% and accounting for 6.7%.

TMTF chief executive C.C. Wang noted domestic machine-tool manufacturers are now busy with filling orders for shipments in the second quarter of this year as the first-quarter orders have already fully occupied their production capacities. Despite the influx of orders, Wang called for domestic machine-tool manufacturers to raise their rapid-response and fast-delivery ability to meet the fast-changing external operating climate because most of the orders are rush ones.

Exports of Taiwan-made Machine Tools in 2010 by Products
Unit: US$1,000

Products

2009

2010

Annual Change (%)

EDM, Laser-cutting Machines

77,380

145,886

88.5

Machining Centers

473,453

939,276

98.4

Lathes

389,332

551,516

41.7

Drilling, Boring, Milling Machines

197,443

357,596

81.1

Grinding Machines

87,866

177,785

102.3

Shaping, Sawing, Gearing Machines

98,646

159,225

61.4

Presses and Shearing Machines

319,736

484,385

51.5

Other Metal-forming Machines

99,425

145,947

46.8

Total

1,743,281

2,961,616

69.9

Source: Taiwan Machine Tool Foundation


Imports of Machine Tools by Taiwan in 2010 by Products
Unit: US$1,000

Products

2009

2010

Annual Change (%)

EDM, Laser-cutting Machines

104,916

256,982

144.9

Machining Centers

25,314

51,667

104.1

Lathes

41,071

91,503

122.8

Drilling, Boring, Milling Machines

17,856

32,693

83.1

Grinding Machines

54,160

76,180

40.7

Shaping, Sawing, Gearing Machines

29,228

63,342

116.7

Presses and Shearing Machines

59,017

115,649

96

Other Metal-forming Machines

9,243

15,602

68.8

Total

340,805

703,618

106.5

Source: Taiwan Machine Tool Foundation


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