In 2010, the production and sales of machine tool industry maintained rapid growth. The total industrial output value increased by 40.6% year-on-year. Import and export increased significantly compared with the same period of 2009. The rapid growth of import led to a sharp increase in the deficit, but the export has not recovered to the same period in 2008. At the level, the demand in the European and American markets has not recovered significantly.
Excluding the non-machine tool production value, in 2010, China's metal processing machine tool sales value reached 20.9 billion US dollars; imports 9.42 billion US dollars; exports 1.85 billion US dollars; consumption 28.48 billion US dollars. The domestic machine tool market share was 66.9%, down 3.2 percentage points year-on-year.
I. Completion of major economic indicators and import and export statistics from January to December
1. Completion of major economic indicators in the machine tool industry
The cumulative total industrial output value was 553.68 billion yuan, a year-on-year increase of 40.6%.
The sales value of product sales was 543.44 billion yuan, a year-on-year increase of 41.4%.
The sales rate of industrial products reached 98.2%, an increase of 0.6 percentage points year-on-year.
The profit was 31.05 billion yuan, a year-on-year increase of 66.1% (from January to November).
The accumulated fixed assets investment increased by 24.2% year-on-year and decreased by 11.8 percentage points year-on-year.
2. Completion of major small industry economic indicators
(1) Gold cutting machine tool industry The total industrial output value of the metal cutting machine tool industry was 130.60 billion yuan, a year-on-year increase of 34.3%. The output of gold cutting machine tools was 755,779 units, of which the output of CNC machine tools reached 223,897 units, a year-on-year increase of 33.1% and 66.7% respectively.
(2) Forming machine tool industry The total industrial output value of the forming machine tool industry was 40.75 billion yuan, a year-on-year increase of 42.2%. The output of forming machine tools was 261,488 units, of which the output of CNC machine tools reached 12,207 units, a year-on-year increase of 18.0% and 8.1% respectively.
3. Import and export of machine tool products
The cumulative import of machine tool products reached a record high, reaching US$15.72 billion, a year-on-year increase of 62%. Among them, the import of metal processing machine tools was 9.42 billion US dollars, up 59.8% year-on-year; compared with the highest point in 2008, it also increased by 24.4%.
The export of machine tool products was US$7.03 billion, up 48.4% year-on-year; among them, metal processing machine tools exported US$1.85 billion, up 31.3% year-on-year. None of them reached the best level in 2008.
The import and export deficit of metal processing machine tools was US$7.57 billion, an increase of 68.6% year-on-year.
Second, the analysis of the economic operation of the industry
Production and sales
Production: The total industrial output value of the machine tool industry continued to grow at a high speed throughout the year. In addition to the impact of holiday factors in January, February and February, the monthly total industrial output value of other months is stable at more than 40 billion yuan. The specific completion of the industrial output value of the machine tool industry in the last 13 months is shown in Figure 1.![]()
In the large machine tool industry, only the gross industrial output value of the three small industries of gold cutting machine tools, measuring tools and measuring instruments, and woodworking machinery was lower than the industry average, which was 34.3%, 33.9% and 36.5% respectively. Among the other five small industries, the highest growth rate year-on-year was machine tool accessories, which was 52.3%. The rest were followed by casting machinery, abrasives, other metal processing machinery, and metal forming machine tools.
The monthly growth rate of the gross industrial output value of the small-cutting industry of the gold-cutting machine tool industry generally fluctuated at a high level. The completion of monthly industrial output value in the last 13 months is shown in Figure 2.
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From the perspective of industrial output value indicators, the overall machine tool industry maintained a high-speed growth trend throughout the year, with a cumulative growth rate of 40.6% for the whole year, and a year-on-year growth rate of 40.1% in December was lower than the cumulative growth rate. The main factor was the sharp increase in growth in December 2009 (see Figure 1).
Sales: From January to December, the sales rate of industrial products in the machine tool industry was 98.2%, an increase of 0.6 percentage points over the same period of last year. However, only 8 cutting tools and abrasive tools, woodworking machinery and other metal processing machinery were growing in the eight small industries. Because of its large volume and relatively high growth rate, it has driven positive growth in industry-wide data. The sales rate of industrial products in the metal cutting machine and forming machine industry decreased by 1.1 and 0.4 percentage points respectively.
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2. Market situation
Demand: According to statistics from the State Administration of Taxation on the investment of 13 machine tool user industries, the equipment investment in the accumulated fixed assets is positive, and the growth rate of 11 industries is more than double digits. The two industries with the largest investment amount are The automotive industry and the electrical and electronics industry were 207.3 billion yuan and 203.7 billion yuan respectively. And the total planned investment of these two industries has increased by about 30% year-on-year. The automotive and electrical and electrical industries will also be the main force in the consumption of machine tool products.
However, some subtle changes in the market should also attract our attention. In the case of the sales revenue of Jinchee machine tool manufacturers, some sales of machine tool enterprises with heavy machine tools as the leading products have experienced low or even negative growth. In this regard, our industry enterprises should keep a clear head on the market hot spots that appeared in the previous period, strengthen the pre-judgment, and actively respond to market changes.
Structure: In recent years, some industries have experienced low levels of redundant construction. The increase in demand for low-end products in the machine tool market is a reflection of this situation. With the rational return of market demand, the structure has gradually become reasonable. In recent months, the numerical control rate of metal processing machine tool value of key enterprises has gradually increased, reaching 52.5% from January to December, indicating that the machine tool market structure is still developing in a healthy direction.
It is worth worrying that the structure of China's machine tool products still cannot meet the demand of medium and high-end products in the domestic market. Although China's imports of machine tool products have been growing rapidly for many years, the annual growth rate of imports in 2010 exceeded 60%. Compared with 2009, the proportion of imported mid-range products increased in 2010, and the proportion of high-end products decreased. The influx of mid-end products has created tremendous competitive pressure on China's developing medium and high-end CNC machine tool industry. In addition, the "Framework Agreement on Cross-Strait Economic Cooperation" (ECFA) signed between the mainland and Taiwan came into effect on January 1, 2011. A number of products that implemented early harvesting will begin to implement tariff reductions. The original tax rate is 9.7% to 5%. , below 5%, it is reduced to zero tariff. Mid-range CNC lathes and other products will create greater competitive pressure for mainland companies. Machine tool enterprises should have active response measures to enable enterprises to continue to develop in the fierce market competition.
With the development of the national economy, the machine tool market is still expanding. Whether it can speed up the pace of product structure adjustment and quickly meet the needs of users is an important factor that determines our market share. At present, the structural adjustment of China's machine tool products has a long way to go. It also requires great efforts from the industry and the need for appropriate policy support from the state.
3. Import and export Exports: From January to December, the export of machine tools reached US$7.03 billion, a significant increase compared with the same period in 2009. It is only one step away from the highest level of US$7.13 billion in the same period of 2008. The export data mainly shows the following characteristics:
(1) From January to December, the monthly export value of machine tool tools increased rapidly year-on-year, and the growth rate of metal processing machine tools was lower than that of machine tool products. The monthly exports of machine tools and metalworking machines in the last 13 months are shown in Figures 4 and 5.
(3) The unit price of CNC metal processing machine tools continued to decline. There are horizontal machining centers, gantry machining centers, CNC grinding machines, CNC punching machines, etc. In addition to the appreciation of the renminbi, companies are competing for price reductions in fierce international competition.
In short, the main reason for the sharp rebound in the export value of machine tools is the signs of recovery in the international market. Table 1 lists the export destinations of metal processing machines. It can also be seen that emerging markets and Asian markets are growing rapidly. In addition, the base in 2009 is low. It is also one of the reasons for the rapid growth in 2010. However, the impact of the financial crisis on the export of machine tools still exists, and the situation is not optimistic. The foreign market is weak, the added value of China's major export products is low, the renminbi continues to appreciate, and the increase in production costs has greatly reduced the profits of exporting companies. Therefore, accelerating the structural adjustment of export products is still a long-term strategic focus in the future.
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Excluding the non-machine tool production value, in 2010, China's metal processing machine tool sales value reached 20.9 billion US dollars; imports 9.42 billion US dollars; exports 1.85 billion US dollars; consumption 28.48 billion US dollars. The domestic machine tool market share was 66.9%, down 3.2 percentage points year-on-year.
I. Completion of major economic indicators and import and export statistics from January to December
1. Completion of major economic indicators in the machine tool industry
The cumulative total industrial output value was 553.68 billion yuan, a year-on-year increase of 40.6%.
The sales value of product sales was 543.44 billion yuan, a year-on-year increase of 41.4%.
The sales rate of industrial products reached 98.2%, an increase of 0.6 percentage points year-on-year.
The profit was 31.05 billion yuan, a year-on-year increase of 66.1% (from January to November).
The accumulated fixed assets investment increased by 24.2% year-on-year and decreased by 11.8 percentage points year-on-year.
2. Completion of major small industry economic indicators
(1) Gold cutting machine tool industry The total industrial output value of the metal cutting machine tool industry was 130.60 billion yuan, a year-on-year increase of 34.3%. The output of gold cutting machine tools was 755,779 units, of which the output of CNC machine tools reached 223,897 units, a year-on-year increase of 33.1% and 66.7% respectively.
(2) Forming machine tool industry The total industrial output value of the forming machine tool industry was 40.75 billion yuan, a year-on-year increase of 42.2%. The output of forming machine tools was 261,488 units, of which the output of CNC machine tools reached 12,207 units, a year-on-year increase of 18.0% and 8.1% respectively.
3. Import and export of machine tool products
The cumulative import of machine tool products reached a record high, reaching US$15.72 billion, a year-on-year increase of 62%. Among them, the import of metal processing machine tools was 9.42 billion US dollars, up 59.8% year-on-year; compared with the highest point in 2008, it also increased by 24.4%.
The export of machine tool products was US$7.03 billion, up 48.4% year-on-year; among them, metal processing machine tools exported US$1.85 billion, up 31.3% year-on-year. None of them reached the best level in 2008.
The import and export deficit of metal processing machine tools was US$7.57 billion, an increase of 68.6% year-on-year.
Second, the analysis of the economic operation of the industry
Production and sales
Production: The total industrial output value of the machine tool industry continued to grow at a high speed throughout the year. In addition to the impact of holiday factors in January, February and February, the monthly total industrial output value of other months is stable at more than 40 billion yuan. The specific completion of the industrial output value of the machine tool industry in the last 13 months is shown in Figure 1.
In the large machine tool industry, only the gross industrial output value of the three small industries of gold cutting machine tools, measuring tools and measuring instruments, and woodworking machinery was lower than the industry average, which was 34.3%, 33.9% and 36.5% respectively. Among the other five small industries, the highest growth rate year-on-year was machine tool accessories, which was 52.3%. The rest were followed by casting machinery, abrasives, other metal processing machinery, and metal forming machine tools.
The monthly growth rate of the gross industrial output value of the small-cutting industry of the gold-cutting machine tool industry generally fluctuated at a high level. The completion of monthly industrial output value in the last 13 months is shown in Figure 2.
From the perspective of industrial output value indicators, the overall machine tool industry maintained a high-speed growth trend throughout the year, with a cumulative growth rate of 40.6% for the whole year, and a year-on-year growth rate of 40.1% in December was lower than the cumulative growth rate. The main factor was the sharp increase in growth in December 2009 (see Figure 1).
Sales: From January to December, the sales rate of industrial products in the machine tool industry was 98.2%, an increase of 0.6 percentage points over the same period of last year. However, only 8 cutting tools and abrasive tools, woodworking machinery and other metal processing machinery were growing in the eight small industries. Because of its large volume and relatively high growth rate, it has driven positive growth in industry-wide data. The sales rate of industrial products in the metal cutting machine and forming machine industry decreased by 1.1 and 0.4 percentage points respectively.
Demand: According to statistics from the State Administration of Taxation on the investment of 13 machine tool user industries, the equipment investment in the accumulated fixed assets is positive, and the growth rate of 11 industries is more than double digits. The two industries with the largest investment amount are The automotive industry and the electrical and electronics industry were 207.3 billion yuan and 203.7 billion yuan respectively. And the total planned investment of these two industries has increased by about 30% year-on-year. The automotive and electrical and electrical industries will also be the main force in the consumption of machine tool products.
However, some subtle changes in the market should also attract our attention. In the case of the sales revenue of Jinchee machine tool manufacturers, some sales of machine tool enterprises with heavy machine tools as the leading products have experienced low or even negative growth. In this regard, our industry enterprises should keep a clear head on the market hot spots that appeared in the previous period, strengthen the pre-judgment, and actively respond to market changes.
Structure: In recent years, some industries have experienced low levels of redundant construction. The increase in demand for low-end products in the machine tool market is a reflection of this situation. With the rational return of market demand, the structure has gradually become reasonable. In recent months, the numerical control rate of metal processing machine tool value of key enterprises has gradually increased, reaching 52.5% from January to December, indicating that the machine tool market structure is still developing in a healthy direction.
It is worth worrying that the structure of China's machine tool products still cannot meet the demand of medium and high-end products in the domestic market. Although China's imports of machine tool products have been growing rapidly for many years, the annual growth rate of imports in 2010 exceeded 60%. Compared with 2009, the proportion of imported mid-range products increased in 2010, and the proportion of high-end products decreased. The influx of mid-end products has created tremendous competitive pressure on China's developing medium and high-end CNC machine tool industry. In addition, the "Framework Agreement on Cross-Strait Economic Cooperation" (ECFA) signed between the mainland and Taiwan came into effect on January 1, 2011. A number of products that implemented early harvesting will begin to implement tariff reductions. The original tax rate is 9.7% to 5%. , below 5%, it is reduced to zero tariff. Mid-range CNC lathes and other products will create greater competitive pressure for mainland companies. Machine tool enterprises should have active response measures to enable enterprises to continue to develop in the fierce market competition.
With the development of the national economy, the machine tool market is still expanding. Whether it can speed up the pace of product structure adjustment and quickly meet the needs of users is an important factor that determines our market share. At present, the structural adjustment of China's machine tool products has a long way to go. It also requires great efforts from the industry and the need for appropriate policy support from the state.
3. Import and export Exports: From January to December, the export of machine tools reached US$7.03 billion, a significant increase compared with the same period in 2009. It is only one step away from the highest level of US$7.13 billion in the same period of 2008. The export data mainly shows the following characteristics:
(1) From January to December, the monthly export value of machine tool tools increased rapidly year-on-year, and the growth rate of metal processing machine tools was lower than that of machine tool products. The monthly exports of machine tools and metalworking machines in the last 13 months are shown in Figures 4 and 5.
(3) The unit price of CNC metal processing machine tools continued to decline. There are horizontal machining centers, gantry machining centers, CNC grinding machines, CNC punching machines, etc. In addition to the appreciation of the renminbi, companies are competing for price reductions in fierce international competition.
In short, the main reason for the sharp rebound in the export value of machine tools is the signs of recovery in the international market. Table 1 lists the export destinations of metal processing machines. It can also be seen that emerging markets and Asian markets are growing rapidly. In addition, the base in 2009 is low. It is also one of the reasons for the rapid growth in 2010. However, the impact of the financial crisis on the export of machine tools still exists, and the situation is not optimistic. The foreign market is weak, the added value of China's major export products is low, the renminbi continues to appreciate, and the increase in production costs has greatly reduced the profits of exporting companies. Therefore, accelerating the structural adjustment of export products is still a long-term strategic focus in the future.
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