Survey of The Taiwan Machine Tool Industry

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The 2016 Taiwan survey of machine tools showed that production value will fall off with business recession on the export and home market. The production value in 2016 was US$3.71 billion, a decrease of 9.0% from the same period in 2015. The value of CNC machine tool production value in the same period of 2016 accounted for 67% of the total production value, or US$2.5 billion, a decrease of 9.0% compared with the same period in 2015.

Export and Import statistics announced by Customs indicate that the value of machine tool exports during 2016 was US$2.9 billion, a decrease of 9.0% compared with 2015. The value for machine tool imports was US$722 million, an increase of 0.3% compared with 2015.

The 2017 Survey of Taiwan machine tools showed that production value will grew up with business boom on the export and home market. The production value in year-to-Aug. 2017 was US$2.74 billion, an increase of 14.3% from the same period in 2016. Meanwhile, production value for CNC Machine tools share 69% to US$1.9 billion.

Export and import statistics announced by the Ministry of Finance indicated that the value of machine tools exports during this year up to Aug. was US$2.13 billion, an increase of 14.3% compared with the same period in 2016. The value for machine tools imports was US$565 million, an increase 19.9% compared with the same period in 2016.

Taiwan Machine Tool Statistics in 2016                                             (Unit:Million US$)

Year/Item 2015 2016 2016/2015
Change (%)
Production, Machine Tool 129,726 119,800 -7.7%
Exports 100,812 93,397 -7.4%
Imports 22,798 23,290 +2.2%
Consumption 51,712 49,693 -3.9%

Taiwan Machine Tool Statistics in 2017(Jan-Aug)                                (Unit:Million US$)

Year/Item 2016
(Jan-Aug)
2017
(Jan-Aug)
2017(Jan-Aug)
2016(Jan-Aug)
Change(%)
Production, Machine Tool 2,396 2,740 14.3%
Exports 1,862 2,129 14.3%
Imports 472 565 19.9%
Consumption 1,006 1,176 16.9%

 

 

Source: Taiwan Association of Machinery Industry

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