MACHINE TOOLS 2018 2017 % 18/17 TOTAL PRODUCTION 1,192.27 1,127.61 5.73% Metal cutting 741.36 640.79 15.69% Metal forming 450.91 486.82 -7.38% TOTAL EXPORTS 1,004.35 902.15 11.33% Metal cutting 672.58 593.64 13.30% Metal forming 331.77 308.51 7.54% Domestic sales 328.23 Exports / Production 84.24% 80.01% Imports 542.24 500.90 8.25% Apparent consumption* 745.23 739.89 0.72% COMPONENTS AND EQUIPMENT 2018 2017 % 18/17 TOTAL PRODUCTION 209.99 196.38 6.93% TOTAL EXPORTS 121.93 121.44 0.40% Domestic sales 88.06 74.94 17.51% Exports / Production 58.06% 61.84% TOOLS* 2018 2017 % 18/17 TOTAL PRODUCTION 135.05 129.08 4.63% TOTAL EXPORTS 72.80 69.90 4.15% Domestic sales 62.25 59.18 5.19% Exports / Production 53.91% 54.15% ACCESSORIES 2018 2017 % 18/17 TOTAL PRODUCTION 71.12 70.60 0.74% TOTAL EXPORTS 48.71 42.90 13.54% Domestic sales 22.41 27.70 -19.10% Exports / Production 68.49% 60.76% SECTOR DATA Slowdown in domestic sales Considering that Spain is the ninth producer and exporter in the world, its position with respect to consumption is very far away from that of other countries with similar production and exports figures. In 2018, this gap was only barely bridged, with a slight growth of 0.72% in consumption. Regarding the domestic market, Garbalena remarks: “We insist on the importance of promoting consumption of machine tools and other production equipment in Spain through fiscal policies that make investments more appealing. This is an issue that conditions our competitiveness as a country. We must invest in equipment if we want to continue to be an industrial country”. 6 Despite the evident cooling down ininvestments, the accumulated order portfolio suggests that 2019 will have similar activity to 2018, albeit slightly lower