News

The influence of China's injection molding machinery industry is gradually improving

At present, China's injection molding machinery industry is undergoing changes in the global market structure, highlighting the sharp decline in imported equipment. Of course, the decline in imports does not mean that the use of foreign equipment has declined, because most brand manufacturers have moved production to China; Exports are also slowing down, especially after a year of rapid growth in 2012, and the overall slowdown in 2013 was significant.
In October, 179 imported extruders were imported, with an import value of US$66.79 million. Imports increased by 61.3% year-on-year. Of course, such a large increase was mainly due to the continuous decline in extruder imports from October last year. The overall decline in imports was large, and October was the first import increase in the second half of the year. In addition, the export of extruders also declined as a whole. In October, 818 extruders were exported, with an export value of 25.574 million US dollars, down 12.3% year-on-year. From the overall perspective of this year, compared with the 2012 growth, the top 10 this year The monthly extruder exports fell by 7.3%.
Although China’s export of injection molding machines to Thailand has fallen sharply this year, it seems to have a sign of recovery. In fact, there is also a trend of demand growth in extruders. From January to October this year, Thailand imported a total of 413 extruders from China, with an export value of 2220. Ten thousand dollars, compared with the same period last year, the increase of 39.87 million US dollars reached 39.7%, although last year was a year of a large number of replacements in Thailand. It is also worth mentioning that the extruder has always had a lower unit price, but the unit price in Thailand this year has also exceeded 50,000 US dollars, reaching 54,000 US dollars.
China's injection molding machinery industry market pattern may change
Although China's extruder market is developing rapidly, the export ratio of extruders is still low. Increasing raw material costs and energy cost pressures have made energy conservation and materialization a focus of the extrusion processing industry. At the same time, extrusion technology suppliers are able to develop a wide range of energy-saving solutions from various angles to meet the energy-saving needs of users.
China's injection molding machinery adjustment structure enhances the development space of the extruder industry. At present, the development status of the domestic injection molding machinery industry is that there are problems such as low independent innovation capability, low-grade and personalized special-purpose varieties, and low industry concentration. The existence of these problems has led to the injection molding machinery industry in China not catching up with the level of foreign injection molding machinery as soon as possible.
After long-term development, the international influence of China's injection molding machinery industry has been continuously improved, the ability to deal with trade protectionism has been enhanced, and the level of manufacturing technology and overall strength has been further improved. Therefore, China's extruder industry has many favorable conditions in terms of foreign trade exports. Due to the close connection between China's extruder products and strategic new industries, it has the advantages of high efficiency, energy saving and high cost performance. The export to developed countries is mainly low-end, and this part of consumer demand is rigid. Therefore, the extruder Industry development still has a large market space.

WE'RE HERE TO HELP

Not sure where to start?

Our team of digital and business experts will guide you to the right direction.

Let's Talk
TOP