Machine Tool: Export Stability Increases Imports and Exports Double Innovation High

Since the beginning of this year, the foreign trade of China's machine tools and tools has continued the trend of the previous year and has continued to show a rapid growth. Customs statistics show that the total import and export of China's machine tool products from January to June 2011 was US$13.82 billion, an increase of 42.0% year-on-year. All major import and export indicators have reached a record high.

1. Exports of Machine Tool Products In the first half of 2011, the total export value of China's machine tool products was US$4.13 billion, a year-on-year increase of 32.9%, which is still the highest level in history, and the level of the same period before the financial crisis in 2008 was 23.4%. The strong export of cutting tools and abrasives in the previous year has significantly weakened.

From January to June 2011, China's export value of metal processing machine tools was 1.09 billion U.S. dollars, an increase of 34.4% year-on-year. Among them, metal cutting machine tools exported 750 million U.S. dollars, up 36.3 percent year-on-year; metal forming machine tools exported 340 million U.S. dollars, up 30.2 percent year-on-year. CNC metal processing machine exports reached US$410 million, an increase of 53.5% year-on-year. Among them, CNC machine tools exported 340 million U.S. dollars, up 51.9% year-on-year; CNC machine tools exported 80 million U.S. dollars, up 60.8% year-on-year.

In the first half of this year, the global machine tool market was active. China's export of machine tools to the United States and Germany improved significantly, and their growth rates were all around 50%. Machine tool exports to India, Brazil, Russia, Japan, and the ASEAN market continued to show a relatively high growth rate.

2. Imports of machine tool products From January to June 2011, the total import value of China's machine tool products was 9.69 billion US dollars, an increase of 46.4% year-on-year. The metal processing machine tool with 63.3% of imports accounted for 57.8% year-on-year, 11.4 percentage points higher than the overall level of the industry. Mainly after the financial crisis, the domestic market demand for metal processing machine tools, especially the increase in demand for high-end CNC machine tools, leading to rapid growth in machine tool imports.

In the first half of 2011, the monthly imports of machine tool products were at a relatively high value. In addition to February, monthly imports were all above US$1.6 billion, of which US$1.95 billion was reached in March, which is the monthly import value in recent years. The highest value.

3. Imports and Exports Analysis In the first half of 2011, the import value of China's metal processing machine tools was US$6.44 billion, a year-on-year increase of 57.8%. Metal cutting machine tools imported US$5.01 billion, up 58.3% year-on-year; metal forming machine tools imported US$1.13 billion, up 55.5% year-on-year. Imports of CNC metal processing machine tools totaled US$5.11 billion, an increase of 56.5% year-on-year. Among them, CNC machine tools imported USD 4.49 billion, an increase of 57.0% year-on-year; CNC machine tools imported USD 620 million, an increase of 52.5% year-on-year.

The numerical control machine tool imported from Japan is calculated according to the amount of money, and its numerical control rate has reached more than 90%. The number of small and medium-sized CNC machine tools is mostly, and its average unit price is slightly lower than the average level of imported CNC machine tools. The numerical control rate of machine tools imported from Germany is close to 80%, and the high-end CNC machine tools are the main products. The average unit price is 3.3 times the average price of imported CNC machine tools.

(1) The export of CNC machine tools has grown rapidly, and the product structure is getting better This year, the export of CNC metal processing machine tools in China continued the high growth of the previous year, with a year-on-year increase of 53.5%. The structure of export products also improved. The average unit price of CNC machine tools increased by 33.8% year-on-year. The average price increase of CNC machine tools, CNC horizontal lathes, CNC gantry milling machines, and numerical control punches that export more than 40%.

(2) The growth of traditional and emerging markets, the increase in the contribution rate of machine tool exports After entering 2011, China's exports of machine tools to the United States showed a good momentum, the cumulative growth rate in each month is more than 48%. Among the machine tools exported to Japan, CNC machine tools are the mainstream, accounting for 82.5% of the total, and the year-on-year increase is also higher than 50%. Exports of machine tools to India, Brazil, Russia, and ASEAN remained strong.

(3) Consumer Electronics Manufacturing Industry Drives the Machine Tool Consumption Market China is the world’s largest consumer electronics manufacturing base and the second largest consumer country. With the rapid expansion of certain overseas consumer electronics processing companies in China, large-scale electric processing machine tools, The introduction of machining centers, CNC drilling machines, and CNC milling machines into China is one of the reasons why machine tool imports have remained high this year.

At present, the equipment used in China's consumer electronics manufacturing is mainly based on imported machine tools. Fortunately, the Shenyang Machine Tool Group has begun to provide small-scale CNC drilling and milling machining centers in batches for the processing of iPhone mobile phone housings and parts.

(4) Changes in demand structure and changes in the import pattern From the distribution of China's machine tool import sources in the first half of the year, the total imports of the top two countries in Japan and Germany have exceeded 60%. Since 2008, the demand for medium-to-high-end CNC machine tools in China has increased significantly. Due to the gap between the product structure of domestic machine tools and the current demand structure, imports of medium-to-high-end CNC machine tools show a rapid growth trend.

Among the third and fourth largest importers in Taiwan and South Korea, the proportion of imported machine tools was 13.2% and 6.5% respectively. Taiwan and South Korea mainly focus on mid-range CNC machine tools, and they occupy a large market in China's mainland products. After the financial crisis, Taiwan and South Korea's imports to China's mainland quickly returned to 2008 levels. It is worth noting that during the six months after the implementation of the ECFA, the growth rate of CNC machine tools imported from the Taiwan region to the mainland was significantly higher than that of the same period of last year, with an increase of 31.8 percentage points.

3. Imports and Exports Analysis In the first half of 2011, the import value of China's metal processing machine tools was US$6.44 billion, a year-on-year increase of 57.8%. Metal cutting machine tools imported US$5.01 billion, up 58.3% year-on-year; metal forming machine tools imported US$1.13 billion, up 55.5% year-on-year. Imports of CNC metal processing machine tools totaled US$5.11 billion, an increase of 56.5% year-on-year. Among them, CNC machine tools imported USD 4.49 billion, an increase of 57.0% year-on-year; CNC machine tools imported USD 620 million, an increase of 52.5% year-on-year.

The numerical control machine tool imported from Japan is calculated according to the amount of money, and its numerical control rate has reached more than 90%. The number of small and medium-sized CNC machine tools is mostly, and its average unit price is slightly lower than the average level of imported CNC machine tools. The numerical control rate of machine tools imported from Germany is close to 80%, and the high-end CNC machine tools are the main products. The average unit price is 3.3 times the average price of imported CNC machine tools.

(1) The export of CNC machine tools has grown rapidly, and the product structure is getting better This year, the export of CNC metal processing machine tools in China continued the high growth of the previous year, with a year-on-year increase of 53.5%. The structure of export products also improved. The average unit price of CNC machine tools increased by 33.8% year-on-year. The average price increase of CNC machine tools, CNC horizontal lathes, CNC gantry milling machines, and numerical control punches that export more than 40%.

(2) The growth of traditional and emerging markets, the increase in the contribution rate of machine tool exports After entering 2011, China's exports of machine tools to the United States showed a good momentum, the cumulative growth rate in each month is more than 48%. Among the machine tools exported to Japan, CNC machine tools are the mainstream, accounting for 82.5% of the total, and the year-on-year increase is also higher than 50%. Exports of machine tools to India, Brazil, Russia, and ASEAN remained strong.

(3) Consumer Electronics Manufacturing Industry Drives the Machine Tool Consumption Market China is the world’s largest consumer electronics manufacturing base and the second largest consumer country. With the rapid expansion of certain overseas consumer electronics processing companies in China, large-scale electric processing machine tools, The introduction of machining centers, CNC drilling machines, and CNC milling machines into China is one of the reasons why machine tool imports have remained high this year.

At present, the equipment used in China's consumer electronics manufacturing is mainly based on imported machine tools. Fortunately, the Shenyang Machine Tool Group has begun to provide small-scale CNC drilling and milling machining centers in batches for the processing of iPhone mobile phone housings and parts.

(4) Changes in demand structure and changes in the import pattern From the distribution of China's machine tool import sources in the first half of the year, the total imports of the top two countries in Japan and Germany have exceeded 60%. Since 2008, the demand for medium-to-high-end CNC machine tools in China has increased significantly. Due to the gap between the product structure of domestic machine tools and the current demand structure, imports of medium-to-high-end CNC machine tools show a rapid growth trend.

Among the third and fourth largest importers in Taiwan and South Korea, the proportion of imported machine tools was 13.2% and 6.5% respectively. Taiwan and South Korea mainly focus on mid-range CNC machine tools, and they occupy a large market in China's mainland products. After the financial crisis, Taiwan and South Korea's imports to China's mainland quickly returned to 2008 levels. It is worth noting that during the six months after the implementation of the ECFA, the growth rate of CNC machine tools imported from the Taiwan region to the mainland was significantly higher than that of the same period of last year, with an increase of 31.8 percentage points.