2019年12月17日星期二

China's machine tool market becomes more active and pulls orders from Japan to record new heights

According to the Nikkei Chinese website, the data released by the Japan Machine Tool Industry Association on January 15 showed that Japan's total machine tool orders for the whole year of 2017 increased by 31.6% year-on-year to 6454.5 billion 16 million yen. Although the quick report value cannot be simply compared, the order amount once again hit a record high for 10 years. Overseas demand from China and other countries played a leading role, and domestic demand in Japan also performed strongly. The amount of orders in December 2017 set a new high for a single month. The machine tool market is becoming more and more active.

machine tool

In 2009, due to the Lehman crisis, Japan's annual machine tool orders fell to 41.18 billion yen, and the data in 2017 reached four times that level.

The expansion of external demand with China as the core has boosted the growth of overall orders. Japan's annual external demand orders increased by 41.2% to increase to 161.6 billion yen. It broke the 1 trillion yen mark once again every three years since 2014. According to the analysis by the relevant personages of the Japan Machine Tool Industry Association about the reasons for the growth of orders, “The favorable factors for the recovery of the Chinese market have benefited the world. North American, European and Japanese markets have also shown strong performance, with internal and external balances and increased demand”.

precise data

The current order status still maintains a record level. According to the data released by the Japan Machine Tool Industry Association on the 15th, the single-month orders (short-term report value) in December 2017 increased by 48.3% year-on-year and increased to 165.84 billion yen. For the 13 consecutive months, the number of orders increased by 160 billion yen. Starting in November 2017, it has set a new record high for single month orders for two consecutive months.

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