Korean Machine Tool Market Trend in December

Korean Machine Tool Market Status (December, 2015)

☐ (Orders) ‘15. December Machine Tool Order ￦1,952B(MoM -1.2%, YoY -17.9%)
o (Domestic Orders) ￦1,200B(MoM -9.3%, YoY -2.7%), 
   (Export Orders) ￦751B(MoM +15.2%, YoY -34.4%)

o (By product)
NC Metal Cutting(￦2,047B, MoM +3.7%)
Metal Cutting (￦82B, MoM +10.9%), 
Metal Forming(￦191B, MoM -66.8%), 

o (By industry)
Automobile(￦532B, MoM -25.6%),
Steel‧Nonferrous Metal(￦85B, MoM +226.5%), 
Machinery(￦205B, MoM -5.7%), 
Electric‧Electronics‧IT(￦163B, MoM +23.7%)

*Metal products(￦136B, MoM +48.9%), Shipbuilding‧Aviation(￦83B, MoM +41.7%),
 Precision Machinery(￦15B, MoM +64.4%)

o Machine Tool Orders(January ~ December) ￦31,784B(YoY -13.8%)
 (Domestic Orders) ￦ 16,812 B, YoY -8.6%,
 (Export Orders) ￦14,973B, YoY -12.3%

☐ (Production) ‘15, December Machine Tool Production ￦2,319B(MoM -11.5%, YoY -22.0%),
   Shipment ￦2,690B(MoM -14.7%, YoY -21.4%)

o Machine Tool Production(January~December, 2015) ￦33,613B(YoY +0.0%)
o Machine Tool Shipment(January~December, 2015) ￦33,417B(YoY -4.6%)

☐ (Exports, December, '15) $215M(MoM +42.6%, YoY -5.0%)
o Sub total of Exports (Jan.~December, '15) $2,342M(YoY +4.7%)

- By Region 
Asia($1,090M, YoY+6.8%), North America($386M, YoY -9.2%), Europe($505M, YoY -17.3%), Central and South America($301M, +182.2%) 

*ratio of Exports(‘15.Jan.~December) by region : Asia(46.5%), Europe(21.6%), North America(16.5%)Central and South America(12.9%)

☐ (Imports, December, '15)$116M(MoM +1.9%, YoY -19.5%)

o Sub total of Imports (Jan.~ December, '15) $1,407M(YoY -5.9%)

- Asia($932M, YoY +0.0%), North America($57M, YoY -22.7%),
 Europe($405M, YoY -16.5%)

*ratio of Imports(‘15.Jan.~December) by region : Asia(66.2%), Europe(28.8%), North America(4.1%) 

*￦ : Korea Won, $ : US dollar, B= Billion,  M=Million