Thursday, August 7, 2008

Machine Tool Installation or Consumption Across the World

The United States produced $3,578 million in its own machine tool factories; it brought in $4,254 million from Japan, Germany, Taiwan, et al., and it shipped out $1,660 million to customers in Mexico, Canada, China, et al. So the U.S. can be said to have consumed $6,172 million worth of products in 2007. That number, however, is down 3 percent from the previous year’s consumption.

Global output increased to $70,986 million in 2007, a percentage gain similar to that seen on the consumption side. That $71 billion, incidentally, was split into about 73 percent metalcutting machine tools including lathes and machining centers and 27 percent metalforming machine tools, such as presses.

Japan continues to lead the world in shipments of new machines, with Germany a not-so-far-behind second. Third-place producer, China, saw a tremendous surge in output last year as its domestic factories, which had been pressured by a ravenous local appetite, cranked up output more than 40 percent over the previous year. Italy, and Taiwan ar also in top ten.

The international statistics come from the 43rd “World Machine Tool Output & Consumption Survey” (“WMTO&CS”), conducted annually by Gardner Publications Inc., the publishers of Production Machining. The “WMTO&CS” measures shipments, trade and consumption from major industrialized nations.

Top ten countrie are:

1. Japan
2. Germany
3. China
4. Italy
5. South Korea
6. Taiwan
7. United States
8. Switzerland
9. Spain
10. Brazil

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