China's machine tool industry consumption data analysis: nearly 30 billion US dollars in 2017

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Abstract China is the largest producer and consumer of the global machine tool market and an important player in the global machine tool market. According to the data, the main consumer demand for the world machine tool market in 2016 was 67.6 billion euros, and China's consumption accounted for 32%. It is the world's largest machine tool consumer market...

China is the largest producer and consumer in the global machine tool market and an important player in the global machine tool market. According to the data, in 2016, the world's machine tool market has a major consumer demand of 67.6 billion euros, and China's consumption accounted for 32%. It is the world's largest machine tool consumer market, while the United States, Germany, Japan, and Italy share about 1/3 of the total. In the consumer market in 2016, the world machine tool market produced output value of 67.9 billion euros, China, Germany, Japan, the United States, and Italy ranked in the top five, of which China's output accounted for 25%.

According to statistics, in 2015-2017, China's total machine tool market consumption was 27.5 billion US dollars, 27.5 billion US dollars, and 30 billion US dollars respectively. China's total machine tool output was 22.1 billion US dollars, 22.9 billion US dollars, and 24.5 billion US dollars. After the stabilization of the machine tool market in 2016, the domestic machine tool industry was gradually improved by the smart manufacturing demand in the downstream market in 2017.

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Source: China Business Research Institute

China's machine tool market presents a situation of simultaneous fluctuations in import and export. On the one hand, domestic machine tool enterprises fill the market gap through low-end machine tools and open up the international market; on the other hand, high-end precision machine tools still have to rely on imports. According to statistics from the China Business Research Institute's "2018-2023 China Metal Processing Machine Tool Industry Market Prospects and Investment Opportunities Research Report", China exported 1.06 million metal processing machine tools in June 2018, a year-on-year increase of 21.9 percentage points. From January to June, China exported 3.38 million metal processing machine tools, a year-on-year increase of 12.3%. In 2017, China's machine tool exports totaled 3.29 billion US dollars, an increase of 11.3%; machine tool imports totaled 8.74 billion US dollars, an increase of 16.3%. Although the total import volume of machine tools has increased, the proportion of imported machine tools in the total size of the domestic machine tool market has dropped from 41% in 2012 to 29% in 2017, indicating that domestic enterprises are striving to develop toward high-end technology and alternative imports, and gradually reduce China. Dependence on foreign high-end machine tools.

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Source: China Business Research Institute

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Source: China Business Research Institute

According to statistics, in 2016 and 2017, China's metal cutting machine output was about 12.2 billion US dollars and 13.4 billion US dollars. In 2017, the output value increased by 9.43% compared with the same period of last year. The corresponding output in the same period was 783,200 units and 643,300 units. Production in 2017 fell compared to the same period last year.

The output value of metal cutting machine tools decreased while the output value increased, which means that China's metal cutting machine tools have improved in product performance, grade and price. According to the latest data from the National Bureau of Statistics, from January to September 2018, the production of metal cutting machine tools was 382,000 units, a year-on-year increase of 4.6%. In recent years, with the development of China's industrial structure and the global economic recovery, the demand for metal cutting machine tools has further increased. In 2017, the consumption of metal cutting machine tools in China was 1.804 billion US dollars, up 7.8% year-on-year; the export was 2.18 billion US dollars, a year-on-year increase. 13%; imports were 7.23 billion US dollars, an increase of 18.4%.

In 2016, the output of CNC metal cutting machine tools in China was 250,000 units, a year-on-year increase of 5%. It is estimated that the output of CNC metal cutting machine tools in China will reach 270,000 units in 2018, with an average annual compound growth rate of about 3.5%. The output of metal cutting machine tools will reach 310,000 units. The output of CNC metal cutting machine tools continues to rise. In the future, China's metal cutting machine tools will continue to grow steadily while achieving high-speed precision and intelligence in products.

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The stainless steel mesh is made of metal wires such as 302, 304, 304L, 316, 316L, 310, 310s, etc. The surface is smooth, rust-free, corrosion-resistant, non-toxic, hygienic and environmentally friendly. Uses: hospitals, pasta, meat barbecue, life flower baskets, fruit basket series mainly stainless Steel Wire mesh, using electropolishing technology for surface treatment, the surface is bright as a mirror.
Stainless steel is heat resistant, acid resistant, corrosion resistant and wear resistant. Because of these characteristics, stainless steel mesh is widely used in mining, chemical, food, petroleum, pharmaceutical, etc., mainly for gas, liquid filtration and other media separation.
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The stainless steel mesh is classified according to the varieties: stainless steel plain mesh, stainless steel twill mesh, stainless steel bamboo mesh, stainless steel mat mesh, contrast mesh, stainless steel paper net, etc.
The stainless steel mesh is made of metal wires such as 302, 304, 304L, 316, 316L, 310, 310s, etc. The surface is smooth, rust-free, corrosion-resistant, non-toxic, hygienic and environmentally friendly. Uses: hospitals, pasta, meat barbecue, life flower baskets, fruit basket series mainly stainless steel wire mesh, using electropolishing technology for surface treatment, the surface is bright as a mirror.
Stainless steel is heat resistant, acid resistant, corrosion resistant and wear resistant. Because of these characteristics, stainless steel mesh is widely used in mining, chemical, food, petroleum, pharmaceutical, etc., mainly for gas, liquid filtration and other media separation.



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