In the second quarter of 2022, order intake in the German machine tool industry rose by 24% compared with the same period last year. In this context, orders from Germany manufacturers increased by 27% and those from abroad by 23%. In the first half of 2022, orders increased by 34% overall. Domestic orders contributed to this with a 35% increase and foreign orders with a 33% increase. The VDW (German Machine Tool Builders’ Association) reports that Germany’s two lead export markets, China and the USA, remain strong.
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