Lathe exports fell significantly

From January to December 2012, the export value of China’s lathes was US$509 million, an increase of 11.5% year-on-year; the export volume was 79,900 units, a year-on-year decrease of 2.8%; the average export price was US$6,375.67 per Taiwan, an increase of 14.8% year-on-year.

In December, China’s lathe export volume was 37,548,700 USD, a year-on-year decrease of 14.6% and a decrease of 6.2% compared with the previous period; the export volume was 6649.00 units, an increase of 4.4% year-on-year, an increase of 2.5%; the export average price was 5,747.26 USD per unit, a year-on-year decrease. 18.2%, a decrease of 8.5% from the previous quarter.

Calculated by the amount of exports, Japan, Germany, and the United States are the top three countries in China's lathe export market. The 4th to 10th export destination countries and regions are the Netherlands, Indonesia, India, Russia, Brazil, Thailand and Mexico. From January to December 2012, China exported US$7,729,700 to Japan, an increase of 6.3% year-on-year; exports to Germany reached US$43,324,400, an increase of 8.1% year-on-year; exports to the United States were US$38,989,300, an increase of 37.3%. The total exports of lathes to the top 10 export markets totaled 306 million U.S. dollars, accounting for 60.0% of all Chinese lathe exports from January to December.