Abstract Introduction: According to the latest data from China's General Administration of Customs, in 2013, the country imported 75,637 metalworking machine tools, representing a significant 31.2% decline compared to the previous year. This drop suggests a shift in domestic demand and production trends. It is projected that China’s imports of metal processing equipment will fall below $10 billion in 2014, possibly even dipping below $9 billion. This trend reflects a growing emphasis on high-end, precision manufacturing technologies, as the import volume of advanced machinery continues to rise.
REVIEW: Based on data from the China General Administration of Customs, in 2013, China imported 75,637 units of metalworking machine tools, marking a 31.2% decrease compared to the prior year. The total value of these imports reached $10.985 billion, a 26% decline from the previous year. Notably, the average unit price increased by 8.2%, reaching $133,500, which indicates a growing demand for more sophisticated and high-end machine tools.
The Trade Competitiveness Index (TC) serves as an essential indicator of a nation’s product competitiveness in the global market. A TC value closer to 1 signifies strong export dominance, while a value near -1 implies heavy reliance on imports. A score of 0 represents balanced trade. When analyzing the TC index across different types of machine tools, Japan stands out with one of the strongest performances, maintaining a TC above 0.8 over the years. Although it dipped slightly in 2009, it has since recovered and currently hovers around 0.9. Germany also demonstrates stable competitiveness, with its TC index at 0.53 during the financial crisis and now rising slightly above 0.5. In contrast, the U.S. saw a modest improvement post-crisis but later experienced a decline due to a surge in imports. Meanwhile, China’s metalworking machine tool sector faced challenges after the 2008 crisis, with its TC index steadily declining and now approaching -0.7.
In December 2013, China imported 5,837 metalworking machine tools, showing a 18.3% increase from the previous month. However, the total import value dropped to $668 million, a 20.2% decrease from the prior month. The average unit price fell by 32.5% to $114,400, suggesting a possible shift in the types of machines being imported.
Looking at the first half of 2013, China spent $5.251 billion on metalworking machine tools, followed by $4.848 billion in the second half. These figures support the projection that 2014 could see total imports under $10 billion, potentially even below $9 billion. As domestic industries continue to modernize, the share of high-end machine tools in these imports is expected to grow further.Wire Drawing Wheels,Buffing Disc For Grinder,Nylon Abrasive Wheel For Drill,Metal Polishing Wheel For Angle Grinder
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