A Brief Analysis of the Import Growth of China's Metal Processing Machine Tools in October 2011

Abstract In October 2011, the total number of imported metal processing machine tools imported from China was 7,731 units, a decrease of 21.62% from 9863 units in the previous month, but an increase of 13.71% from 6799 units in October last year; the total import value was approximately 976 million US dollars, compared with last month. 12...

In October 2011, China imported a total of 7,731 metal processing machine tools, a decrease of 21.62% from 9863 units in the previous month, but an increase of 13.71% from 6799 units in October last year; the total import value was approximately 976 million US dollars, compared with last month. US$1.282 billion fell by 23.88%, up 32.62% year-on-year; the average unit price of imports was US$126,200 per unit, a slight decrease from US$130,000 per unit last month, but still increased by 16.63 compared with US$108,200 per unit in October last year. %.

In the first 10 months of this year, China imported a total of 98,500 metal processing machine tools, an increase of 14.3% over the 86,200 units in the same period of 2010; the import value was 10.893 billion US dollars, an increase of 49.6% over the same period of 2010 of 7.281 billion US dollars; The unit price of imports was US$110,600 per unit, an increase of 30.9% compared with US$84,700 per unit in the same period in 2010.

From January to October, the total import volume of metal processing machine tools in China exceeded 10 billion US dollars, which exceeded the annual import volume of 20110. This reflects the increasing demand for medium and high-end products in the clock machine market. According to the import amount, Japan, Germany and Taiwan are the top three sources of China's metal processing machine tools. At present, domestic high-end products have shortcomings in terms of technology level and industrialization, and there is a certain gap with imported products. At the same time, the average unit price of Chinese metalworking machine tools increased by about 30%. The main reason is that the machine tool with a relatively high proportion in the import of metal processing machine tools, such as horizontal lathes, other grinding machines, tool grinding machines, ultrasonic processing machines, punching machines, forging or stamping machine tools, has a higher unit price increase. This also indicates that the product structure adjustment of the machine tool industry is not ideal, and the goal of replacing imports is not well achieved.

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