The 2012 CNC Machine Tool Imports Declined in Volume Yet Increased in Value

From January to December 2012, China’s CNC machine tool imports amounted to $ 4.56 billion, a year – on – year decrease of 11.6%; import volume reached 15,600 units, down by 29.8%; the average import price amounted to $ 292,900 / units, a year – on – year growth of 26.0%.

In December, China’s CNC machine tool import turnover amounted to $ 351 million, down by 32.7% and the qoq reduced to 14.1%; imports volume reached 1266.00 /units, down by 26.9%, and its qoq reduced to 15.8%; while the average import price reached $ 277,500 /unit, a year-on-year growth of 2.1% and the qoq increased by 2.1%.

In terms of the import turnover, Japan, Germany and China Taiwan are the top three import sources of China’s CNC machine tool. Countries ranking from the fourth place to the tenth place were Italy, South Korea, the United States, Switzerland, Spain, the United Kingdom and Austria respectively. From January to December 2012, imports from Japan reached $ 1.403 billion, a year-on-year decrease of 8.2%; imports from Germany reached $ 1.141 billion, a year-on-year decline of 18.4%; imports from China Taiwan amounted to $ 502 million, down by 14.9%. The top 10 import source countries and regions of CNC machine totaled a turnover of 4.294 billion U.S. dollars, accounting for 94.2% of the total import of CNC machine tools from January to December.

Chart: Share of Major Source of Import of China’s CNC Machine Tools

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