2013 Machine Tool Industry Market Trend Analysis

The gold-cutting machine tool is the absolute main force in the various types of imported machine tools, with a year-on-year growth of 6.03%; the import of forming machine tools, numerical control devices, cutting tools, and components all showed negative growth year-on-year. In 2012, the order of the top three export orders of China's machine tool products was: cutting tools, gold-cutting machines and abrasives.

The demand for domestically produced low-end products has been significantly reduced, and imports have been operating at high levels. Recently, during the press conference of the 13th China International Machine Tool Exhibition (CIMT2013), the Deputy Secretary-General of China Machine Tool Industry Association Li Jingming revealed that in 2012, China's machine tool industry in the fierce market competition, product structure and market demand The contradiction is even more prominent. The export of China's machine tools and tools shows a state of high and low.

However, the import value of China's machine tool products in 2012 was high. The gold-cutting machine tool is the absolute main force in the various types of imported machine tools, with a year-on-year growth of 6.03%; the import of forming machine tools, numerical control devices, cutting tools, and components all showed negative growth year-on-year. The machining centers, grinders, special processing machine tools and lathes are among the top four types of metal processing machine tools imported. Li Jingming said that the lack of demand in the domestic market has caused more companies to shift their business focus to the international market. The recovery of equipment demand in Europe and the United States, its return to the industrial policy of equipment manufacturing, and the ease of employment pressure have become the factors driving the export of China's machine tools. .

In 2012, the order of the top three export orders of China's machine tool products was: cutting tools, gold-cutting machines and abrasives. Among the eight categories of products, the top two fastest-growing exporters were foundry and forming machines, with year-on-year increases of 18.3% and 16.9%, respectively; negative growth was seen in numerical control devices, woodworking machine tools, and abrasives.

It is noteworthy that in the export market of metal processing machine tools in China in 2012, the export growth rates to Thailand, Vietnam, and Indonesia reached 61.7%, 25.8%, and 10.1%, respectively, which is a shift from the recent labor-intensive industries to neighboring countries. The increasing trend is consistent with the establishment of the ASEAN Free Trade Area.

According to the nature of the export enterprises of machine tool products, private enterprises and foreign-funded enterprises are the main force in the export of machine tool products. The export of state-owned enterprises' machine tool products has shown a downward trend. Li Jingming said that from the data, it can be seen that although China's machine tool industry still maintained a certain growth rate in exports in 2012, the growth rate has gradually declined from the double-digit growth at the beginning of the year to single digits, and there are four months. The growth rate is negative growth, and the trend is clearly in the downtrend channel. It is difficult to have an optimistic estimate for 2013 exports.

For the overall trend of the machine tool industry in 2013, Li Jingming judged that the whole industry may be the trend of the first low and high: First, the industry index base is relatively high in early 2012; Second, since 2012 has been rising month by month since September, Will enter the adjustment period; Third, the market's digestion period of inventory; Fourth, seasonal factors. This is the main reason for "low first." “But the fundamentals of the macro economy are still going well. It is expected that after a period of decline, the economy of the machine tool industry will slowly pick up,” said Li Jingming.