Japan's machine tool exports have fallen year-on-year after 21 months
"Nikkei Business News" recently reported that Japan's machine tool orders, which are regarded as the leading indicator of the economy and have maintained the highest level in history, are ushering in a turning point. According to the August machine tool order data (Express value) released by the Japan Machine Tool Industry Association on September 11, the external demand (export) amount decreased by 4.4% year-on-year, and the year-on-year decrease occurred after 21 months. Due to the impact of the US trade war, the tendency of Chinese companies to adopt a wait-and-see attitude toward investment is expanding.
The overall order volume of the Japanese machine tool industry increased by 5.3% to 140.5 billion yen, an increase for 21 consecutive months. As the Japanese government provides "product manufacturing subsidies" to support SME equipment investment, Japan's domestic machine tool orders increased by 20.5% to 62.4 billion yen, maintaining a high growth rate, playing a pulling role. However, due to the continued substantial growth in domestic demand, the momentum is falling.
Chinese orders have maintained a high growth rate, sometimes even several times the previous year. The Japanese industry believes that the further blow is that the impact of the US launch of the trade war has gradually become clear. Although orders growth began to stop, Japan's overall machine tool orders still hit an all-time high in August. In addition to domestic demand in Japan, machine tool orders from the US and Europe are centered on cutting-edge industries such as automobiles and aircraft, and have remained strong today.
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SPC Product parameters
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Wood texture |
Stone texture |
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Size |
1220x230mm |
1580x230mm XL |
610x305mm |
800x400mm |
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Thickness |
3.5 |
5.0 |
6.0 |
5.0 |
5.0 |
5.0 |
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Wear layer |
0.3 |
0.5 |
0.55 |
0.5 |
0.5 |
0.5 |
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Lock system |
UNICUCK |
UNIPUSH |
UNIPUSH |
UNIPUSH |
UNIPUSH |
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|
Piece/box |
12 |
8 |
6 |
6 |
10 |
6 |
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Square mete/box |
3.36 |
2.24 |
1.68 |
2.18 |
1.86 |
1.92 |
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box/ pallet |
30 |
30 |
36 |
36 |
36 |
36 |
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Square meter/ plletet |
100.80 |
67.20 |
60.48 |
78.48 |
66.96 |
69.12 |
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