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Machine tools imports in China goes down in 2017

In comparison with the previous year machine tools imports dropped by 26.18 percent, updated numbers from China National Statistical Office illustrate. It's the lowest record in its history since 1996 as the indicator decreased from 69 655 to 51 418, as it follows the tendency of the previous year when it went down by 23.38%. China saw a fall of 58.92% in machine tools imports over the past 22 years. Besides, it has had a drop at a 0.07 percent CAGR over the 5 years with a negligible overall diminution since the 1996. It averaged 99 862.32 from 1996 to 2017 and it hit its maximum of 127 138 in 2004.

Machine tools imports in China goes down in 2017
Date Number Variation
2017 51 418.00 -26.18
2016 69 655.00 -23.38
2015 90 910.00 -14.34
2014 106 132.00 40.59
2013 75 490.00 -31.35
2012 109 957.00 -4.57
2011 115 227.00 0.64
2010 114 496.00 70.55
2009 67 135.00 -24.25
2008 88 623.00 -17.69

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