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National Metal Forming Machine Tool Output Statistics from 2020 to October 2023: The monthly output of metal forming machine tools in October exceeded 11000 units.

2024-08-01 18:30:41 Source: Champ Consulting Visits:0

In October 2023, the monthly output of metal forming machine tools in China exceeded 11000 units.

In October 2023, the national monthly output of metal forming machine tools was 11000 units, up -8.30 year-on-year. During the period from March 2020 to October 2023, the monthly output of metal forming machine tools reached a total of 695000 units, with an average monthly output of 18800 units, with an average monthly growth rate of -6.81 percent year-on-year. Among them, in May 2022, the monthly output of metal forming machine tools in the country was the highest, reaching 42000 units, a year-on-year increase in the same month, while in October 2023, the monthly output of metal forming machine tools was the lowest, 11000 units, a year-on-year increase of -8.30.

During the period from March 2020 to October 2023, the fastest monthly year-on-year growth in the country's metal forming machine tool production was in March 2021, when the year-on-year growth rate reached 22.20 percent. In October 2022, the monthly year-on-year growth was the slowest, with a growth rate of only -27.80 percent.

Data source: Champ Consulting Group

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