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Wednesday, March 9, 2016

Korean Machine Tool Market Trend in January

Machine Tool Market Status (January, 2016)

 (Orders) 16. January Machine Tool Order 1,583B(MoM -18.9%, YoY -73.3%)
o (Domestic Orders) 1,165B(MoM -2.9%, YoY -18.0%), 
   (Export Orders)
 471B(MoM -44.5%, YoY -90.7%)

o (By product)
NC Metal Cutting(
1,388B, MoM -11.6%)
Metal Cutting (
82B, MoM -0.1%), 
Metal Forming(112B, MoM -62.4%), 

o (By industry)
Automobile(
451B, MoM +33.8%),
Steel
Nonferrous Metal(85B, MoM +74.5%), 
Machinery(218B, MoM +7.2%), 
Electric
ElectronicsIT(139B, MoM -50.0%)

*Metal products(112B, MoM +0.9%), ShipbuildingAviation(31B, MoM -48.6%),
 Precision Machinery(
11B, MoM +57.7%)

 (Production) 16, January Machine Tool Production 1,904B(MoM -17.9%, YoY -37.8%),
   Shipment 1,552B(MoM -42.3%, YoY -43.7%)

 (Exports, January, '16) $123M(MoM -43.0%, YoY -22.1%)

- By Region
 
Asia($59M, YoY-46.6%), North America($22M, YoY -0.6%), Europe($22M, YoY -53.2%), Central and South America($18M, +43.0%)
 

*ratio of Exports(
16.Jan.) by region : Asia(48.0%), Europe(17.9%), North America(17.9%)Central and South America(14.6%)

 (Imports, January, '16)$75M(MoM -35.5%, YoY -29.4%)

- Asia($46M, YoY -34.6%), North America($3M, YoY -54.8%),
 Europe($26M, YoY -33.9%)

*ratio of Imports(
16.Jan.) by region : Asia(61.3%), Europe(34.7%), North America(4.0%) 

* : Korea Won, $ : US dollar, B= Billion,  M=Million

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