In the first half of the year, Japan’s machine tool orders increased and the market showed a recovery trend

According to a survey released recently by the Japan Machine Tool Industry Association, in the first half of 2010, the monthly orders of Japanese machine tools exceeded the level of the same period last year, reflecting the fact that the economy is recovering.

Machine tools include metal cutting machines such as lathes and machining centers, and are key tools for the production of automobiles and electrical equipment. The amount of machine orders can reflect the economic situation to some extent.

The data shows that starting from the second half of 2009, with the economic recovery, the purchase amount of Japanese machine tools began to increase. In June of this year, Japan's machine tool orders reached 83.5 billion yen, which was about 2.4 times the same period of last year, and it maintained growth for the seventh consecutive month. The total orders for the first six months of this year reached 440.7 billion yen, almost three times the 148.1 billion yen for the same period last year. It can be seen that the machine tool market is recovering substantially.

From 1982 to 2009, the order amount of Japanese machine tools has been ranked first in the world. In particular, since 2002, the Japanese machine tool industry has maintained rapid growth. In 2007, the amount of orders reached 1.5899 trillion yen, a record high. However, due to the deterioration of the global economic environment, in 2008 Japan's machine tool orders fell to 1.3011 trillion yen, in 2009 it further dropped to 411.8 billion yen, ranking after China and Germany.

So far, the Japanese machine tool industry has been relying on external demand driven by Asia, but in the order amount of about 83.5 billion yen in June this year, the external demand was about 54.3 billion yen (about 2.6 times the same period last year), domestic demand At 29.2 billion yen (about 2 times the same period last year), both domestic and foreign markets showed a recovery trend.