Abstract Introduction: The European Machine Tool Industry Association emphasizes that European machine tools have obvious competitive advantages in the international market and are exported to all parts of the world. In 2012, the trade surplus was 10.5 billion euros. At the same time, the European machine tool market demand decreased by 2% last year due to the decline in European business confidence. Schafer...
Introduction: The European Machine Tool Industry Association emphasizes that European machine tools have obvious competitive advantages in the international market and are exported to all parts of the world. In 2012, the trade surplus was 10.5 billion euros. At the same time, the European machine tool market demand decreased by 2% last year due to the decline in European business confidence. Schafer said: "If the production volume increases by 1%, the orders in the second half must be equal." This expectation once again concentrated on opening up the Asian market. Especially in China, as the largest market in the German machine tool industry, the rapid economic growth is unstoppable. 
According to information from the industry, in the first quarter of 2013, the number of orders in the German machine tool industry decreased by 19% compared with the same period in 2012. Domestic orders fell by 21%, and abroad fell by 18%. The German Machine Tool Manufacturers Association in Frankfurt ( VDW) Executive Chairman Dr. Wilfried Schfer said: "The demand for machine tools is still not optimistic." He said that the weak start of this year means that the whole situation is not optimistic, not limited to the high-end customers of Germany (foreign enterprise dynamics). For example, the number of orders for metal cutting tools with a broad diversified customer base is still 26% lower than the previous year. In contrast, the molding industry is dominated by the project business, with orders equal to the previous year.
The European Machine Tool Industry Association pointed out that since the outbreak of the financial crisis in 2008, the European machine tool industry has been plagued by the credit crunch and increasingly limited access to finance. The uncertainty of the economy has damaged the enthusiasm of enterprises. At the same time, the strict credit standards of financial institutions make it impossible for SMEs to raise funds. The dual factors lead to insufficient domestic demand in the European machine tool market, which seriously restricts the development of the European machine tool industry.
However, due to the inherent technical advantages, the export of machine tools in Europe still maintains a certain upward trend. European machine tools have a clear competitive advantage in the international market and are exported to all parts of the world. In 2012, the trade surplus was 10.5 billion euros. At the same time, the European machine tool market demand decreased by 2% last year due to the decline in European business confidence.
In 2012, the European machine tool industry showed good export performance and weak internal demand. Future growth will rely more on foreign orders. The industry believes that the reduction in machine tool investment reflects the cautious attitude of European companies on the development prospects, especially in southern Europe. With the slowdown in European manufacturing, the number of internal machine tool orders in Europe is expected to decrease by $93.33 million in 2011.
Statistics show that in 2012, the European machine tool industry output value of 22.2 billion euros, an increase of 6%, exports reached a record 18.8 billion euros. The European Machine Tool Industry Association emphasizes that European machine tools have a clear competitive advantage in the international market and are exported to all parts of the world. In 2012, the trade surplus was 10.5 billion euros. At the same time, the European machine tool market demand decreased by 2% last year due to the decline in European business confidence.
Schafer said: "If the production volume increases by 1%, the orders in the second half must be equal." This expectation once again concentrated on opening up the Asian market. Especially in China, as the largest market in the German machine tool industry, the rapid economic growth is unstoppable. Recently, the main support portal, North America, will maintain a stable market situation this year. Finally, Russia will continue to be an attractive customer due to the strong demand for modernization in its domestic industrial sector.
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