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Japan's machine tool orders increased by over 50% in the first half of 2011

by：Gewinn 2022-05-15

According to the latest data released by the Japan Machine Tool Industry Association (JMTBA), Japan's machine tool orders in the first half of 2011 totaled 674.092 billion yen, an increase of 52.9% compared with the same period of the previous year. This is mainly due to the economic recovery after the financial crisis and the growing demand in emerging market countries. It is very close to the goal that Japan's machine tool orders for the whole year of 2011 are expected to exceed 1 trillion yen from the Japan Machine Tool Industry Association at the beginning of the year. According to the data, in the first half of 2011, machine tool orders from overseas markets were 466.12 billion yen, a year-on-year increase of 52.2%; machine tool orders in the domestic market were 207.972 billion yen, an increase of 54.4%. Both domestic demand and external demand orders increased by more than 50% year-on-year, but the industrial situation of the Japanese machine tool industry mainly relying on overseas markets has not changed. In June 2011, Japan's machine tool orders amounted to 128.373 billion yen, a year-on-year increase of 53.3%. This is the 19th consecutive month that Japan's machine tool industry has shown positive growth. Among them, machine tool orders in the domestic market were 41.692 billion yen, a year-on-year increase of 42.6%; orders in the overseas market were 86.681 billion yen, a year-on-year increase of 59.0%.

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