European machine tool industry is facing huge challenges in 2011

In 2010, the output value of machine tools of all member countries of CECIMO totaled 16.6 billion euros, a slight decrease of 1% over the same period of 2009. However, with the release of order capacity, it is expected that there will be double-digit growth in the industry's production in 2011, and the European machine tool market will enter a stage of stable and sustained growth, and it will reach a new peak by 2013.

According to statistics, in 2010 CECIMO member countries exported 12.3 billion euros of machine tools, accounting for about 3/4 of the total output value. As for consumption, the apparent consumption of machine tools in Europe has continued to decline for two consecutive years compared to 2009 and 2008. In addition, in 2010, European machine tool production accounted for about one-third of the world's total production of machine tools, and in 2009 its share was 43%. It can be seen that the market share of European machine tools has decreased significantly, and the European machine tool industry is facing a huge challenge.

In this regard, CECIMO called on the EU to further open its markets to Asia. Anti-competitive behavior will not be conducive to restoring the market share of European machine tools.

According to the statistics of the European Machine Tool Industry Council (CECIMO), in 2010, the output value of machine tools of CECIMO member countries totaled 16.6 billion euros, a slight decrease of 1% over the same period in 2009. In this regard, Frank Brinken, chairman of the CECIMO Economic Committee, believes that with the release of order capacity, it is expected that there will be double-digit growth in the industry's production in 2011, and the European machine tool market will enter a stage of stable and sustained growth, and it will reach a new peak by 2013. .