Overview of the Market for Machine-Tool For Removing Material in Japan
In value terms, machine-tool for removing material production reduced modestly to $ in estimated in export prices. Over the period under review, production, however, saw a slight slump. The pace of growth appeared the most rapid in 2010 when the production volume increased by % year-to-year. Machine-tool for removing material production peaked at $ in 2012; however, from 2013 to , production failed to regain the momentum.
The revenue of the machine-tool for removing material market in Japan expanded to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2011 when the market value increased by % against the previous year. Machine-tool for removing material consumption peaked at $ in 2012; however, from 2013 to , consumption remained at a lower figure.