China's import and export of machine tools in the first half of 2013

Abstract Introduction: In the first half of 2013, the total import and export volume, total exports and total imports of machine tool products in China showed a downward trend compared with the same period of the previous year. The total volume of imports and exports was US$12.64 billion, a year-on-year decrease of 10.3%. Among them, the export value was 4.46 billion US dollars, down the year...
REVIEW: the first half of 2013, total import and export Chinese machine tool products, total exports, total imports compared with the same period last year showed a downward trend. The total volume of imports and exports was US$12.64 billion, a year-on-year decrease of 10.3%. Among them, the export value was 4.46 billion US dollars, down 1.5% year-on-year; the import value was 8.18 billion US dollars, down 14.5% year-on-year. Due to the large import base and the deep decline, the import and export deficit has been significantly reduced. The total deficit in the first half of the year was 3.72 billion US dollars, down 26.2% year-on-year. Among them, the import of machine tools from Japan, Taiwan, and South Korea fell sharply, and the decline in imported Japanese machine tools was as high as 41.6%.

        According to statistics, in the first half of 2013, the export value of China's machine tool products was US$2.03 billion, up 7% year-on-year. The growth rate was slower than that in 2012; the average export price was only US$240. Metal processing machine exports amounted to 1.38 billion US dollars, an increase of only 1.7% year-on-year, and the average export price was only 317 US dollars. The export value of gold cutting machine tools and forming machine tools was 880 million US dollars and 500 million US dollars respectively, down 4.3% and 14.0% respectively. CNC metalworking machine tools exported 510 million US dollars, down 2.8% year-on-year; processing centers and combined machine tool exports increased significantly, 3.3% and 9.69% respectively.

        From the perspective of export markets, the main market for China's machine tool exports in the first half of 2013 was still in Asia and Europe and the United States. The exports from Asia and North America were relatively stable, up 7.45% and 16.76% respectively, and the US market grew by 19.27%. Affected by the economic downturn, exports did not increase and fell, with a drop of 4.53%. Asian and European markets still account for about 40% of exports; the remaining 20% ​​are occupied by markets such as Latin America and Africa. In terms of export territory, Jiangsu, Zhejiang, Shandong and Shanghai are the main regions for China's machine tool exports. Jiangsu's exports account for 20% of machine tool exports, and the other three regions account for more than 10%. In CNC machine tools, Jiangsu and Liaoning ranked first and second, and the average export price is more than twice the average price of CNC machine tools.

        In the first half of this year, China imported about 53,000 machine tools, down 16% year-on-year, and the import value was 5.7 billion US dollars, down 17.6% year-on-year. The import of metal processing machine tools was 38,426 units, down 22.3% year-on-year. The import value was 5.26 billion US dollars, down 16.9% year-on-year. Metal processing machine tools accounted for 92% of all machine tool product imports. The import volume of gold cutting machine tools and forming machine tools was US$ 4.17 billion and US$ 1.10 billion, respectively, down 18.3% and 11.6% respectively. The import of CNC metalworking machine tools was US$4.25 billion, down 17.9% year-on-year. The average price of CNC machine tools increased by 16.4% year-on-year. Outstanding performances include: machining center, multi-station combined machining machine, boring machine, CNC lifting table milling machine, CNC grinding machine, CNC plate with cross shear.

        From the perspective of import sources, the structure of China's machine tool import market is still dominated by Asia and Europe, with imports accounting for nearly 95% of the total and Europe and Asia accounting for half. Imports of machine tools from Japan, Taiwan, and South Korea fell sharply. The decline in imports of Japanese machine tools was as high as 41.6%. The sharp decline in the Japanese market was also the main reason for the year-on-year decline in total imports of machine tools in China. Imports from the German, US and British markets have increased significantly. The processing center, which accounts for 50% of the import value of CNC machine tools, is the main growth point in Europe and the United States, and the largest decline in Asia.

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