I. Overview
In 2018, China's machine tool industry as a whole developed relatively smoothly. The machine tool industry provided by the State Administration of Taxation 5,652 annual main business income of 20 million yuan or more enterprises (hereinafter referred to as "regulatory enterprises") 2018 main business income increased by 8.3% year-on-year, higher than the GDP growth rate during the same period. The total profit realized increased by 5.3% year-on-year.
In 2018, China's metal processing machine tool consumption was 29.13 billion US dollars, a slight decrease of 2.8%. At the same time, China's metal processing machine tools import and export boom, imports continued to grow year on year, metal processing machine tool exports reached the highest level since 2001.
Second, the completion of major economic indicators
1. Main business income
In 2018, the main business income of the machine tools industry was 715.13 billion yuan, an increase of 8.3%. Among them, the metal cutting machine tool industry completed the main business income of 119.01 billion yuan, an increase of 3.3%. The metal forming machine tool industry completed its main business income of 75.86 billion yuan, a year-on-year increase of 10.0%. The metering and measuring instrument industry completed its main business income of 96.42 billion yuan, a year-on-year increase of 9.6%. The growth rate of the main business income of the machine tool industry in 2011-2018 is shown in Figure 1.
2. Total profit
In the industry of machine tools and tools, the company realized a total profit of 49.92 billion yuan in 2018, a year-on-year increase of 5.3%. Among them, the metal cutting machine tool industry realized a total profit of 4.67 billion yuan, a year-on-year decrease of 24.8%. The metal forming machine tool industry realized a total profit of 5.82 billion yuan, a year-on-year increase of 0.3%. The total profit of the measuring tools and measuring instrument industry reached 9.10 billion yuan, a year-on-year increase of 9.4%. In 2018, the profit margin of the machine tools industry was 7.0%, down 0.2 percentage points from the same period of the previous year. The profit rate of the whole industry in 2011-2018 and its year-on-year changes are shown in Figure 2.
3, metal processing machine tool output
In the machine tool industry, the output of metal cutting machine tools in 2018 was 488,610 units, a year-on-year increase of 0.4%. Among them, the output of CNC metal cutting machine tools was 190,642 units, a year-on-year decrease of 5.7%. The output of metal forming machine tools was 230,012 units, a year-on-year decrease of 11.1%. Among them, the output of CNC metal forming machine tools was 22,653 units, an increase of 8.8%. The production of metal processing machine tools in 2011-2018 is shown in Figure 3.
Third, the import and export of machine tool industry
1. Overall situation of import and export
In 2018, China's import and export of machine tool industry was booming, and the growth rate of exports was higher than that of imports. Among them, the total import value was 16.54 billion US dollars, an increase of 8.5% year-on-year; the total export value was 13.61 billion US dollars, an increase of 16.8%.
In 2018, the total import value of metal processing machine tools was US$ 9.67 billion, a year-on-year increase of 10.6%. Among them, metal cutting machine tools reached US$8.07 billion, up 11.7% year-on-year, reaching the highest annual value since 2015; metal forming machine tools were US$1.59 billion, up 5.6% year-on-year, and reached the highest annual value since 2016. From the growth rate, the import of metal cutting machine tools is growing faster than the import of metal forming machine tools. The import and export of metal cutting machine tools and metal forming machine tools in 2011-2018 are shown in Figure 4 and Figure 5, respectively.
In 2018, metal processing machine exports totaled US$4.0 billion, up 21.6% year-on-year. Among them, metal cutting machine tools were 2.66 billion US dollars, up 22.0% year-on-year; metal forming machine tools were 1.34 billion US dollars, up 21.0% year-on-year. Whether it is a metal cutting machine or a metal forming machine, the total export volume has reached the highest level since 2001.
(The above-mentioned import and export year-on-year data is directly calculated based on the data published by Customs in 2018 and the end of 2017.)
It can be seen from the above data that the import and export of metal processing machine tools was booming in 2018, and the growth rate of exports was twice that of imports. The annual import and export deficit was 5.67 billion US dollars, which was basically the same as the previous year's 5.45 billion US dollars.
2. Composition of import and export products of metal processing machine tools
The imported products of metal processing machine tools in 2018 are shown in Figure 6.
It can be seen from Figure 6 that, according to the amount, the top 5 imported products are machining centers, grinding machines, special processing machines, lathes, and gear processing machines.
The export products of metal processing machine tools in 2018 are shown in Figure 7.
It can be seen from Figure 7 that, according to the amount, the top 5 export products are special processing machine tools, lathes, forming bending machines, other forming machine tools, and grinding machines.
3. Metal processing machine tools are mainly imported from the country (region) and exported to the country (region)
(1) Top 15 importing countries (regions) of metal processing machine tools in 2018
It can be seen from the above table that the top three countries and regions that import metal processing machine tools by amount are Japan (33.6%), Germany (25.4%) and Taiwan (11.7%), all of which together account for more than 70%.
(2) The top 15 exporters of metal processing machines in 2018 went to the country (region)
As can be seen from the above table, the countries and regions that export metal processing machine tools to the top three by the amount are the United States (9.4%), India (8.4%) and Vietnam (7.7%), which together account for about 25%.
In 2018, China’s total import volume of work tools was US$1.924 billion, up 6.45% year-on-year; total exports were US$3.064 billion, down 9.88% year-on-year.
In 2018, China's imports of abrasives totaled US$737 million, up 10.69% year-on-year; total exports were US$2.506 billion, up 8.37% year-on-year.
Fourth, metal processing machine tool consumption
In 2018, the production of metal processing machine tools was US$23.46 billion, a year-on-year decrease of 4.3%. Among them, the production of metal cutting machine tools was 12.69 billion US dollars, down 4.9% year-on-year; the production of metal forming machine tools was 10.77 billion US dollars, down 3.6% year-on-year.
In 2018, the consumption of metal processing machine tools reached 29.13 billion US dollars, a slight decrease of 2.8%. Among them, the consumption of metal cutting machine tools was 18.11 billion US dollars, down 1.6% year-on-year; the consumption of metal forming machine tools was 11.02 billion US dollars, down 4.7% year-on-year. In 2018, the domestic metal processing machine tool market capacity declined slightly. The consumption of domestic metal processing machine tools in 2001-2018 is shown in Figure 8.
V. Main features and problems of industry operation
According to the above statistics, it can be seen that the operation of China's machine tool industry in 2018 presents the following characteristics and problems:
1. The industry's operation is high, low, and stable at the end of the year.
It can be seen from Figure 9 that in the first half of 2018, China's machine tool industry continued the recovery trend of the previous year. The accumulated value of main business income and total profit of each month increased by double digits year-on-year, and the monthly completion amount was also balanced. However, there was a rapid decline after July, but the downward trend began to slowly repair after the end of September.
2. The growth rate of metal processing machine tools is obvious
Imports of metalworking machine tools continued to grow in 2018. The total imports of metal cutting machine tools increased by 11.73% year-on-year; the total imports of metal forming machine tools increased by 5.33%. The continuous growth of imports indicates that the demand for upgrading of China's machine tool market is obvious. On the other hand, it shows that users' dependence on imported products has not changed fundamentally.
In 2018, the total export value of metal processing machine tools increased by 21.83% year-on-year. Among them, metal cutting machine tools increased by 22.05% year-on-year, and metal forming machine tools increased by 21.40%. The total exports of metal cutting machine tools and metal forming machine tools reached the highest level since 2001.
6. Forecast of industry operation trend in 2019
In 2019, the external environment of the machine tool industry was running well. In 2018, China's macroeconomic development is stable, with a GDP growth rate of 6.6%. In 2019, economic development will remain within a reasonable range. Manufacturing investment reached 9.5% in 2018, the highest since 2015 and significantly higher than the fixed asset investment of the whole society. These will provide favorable conditions for the smooth development of the machine tool industry.
The transformation and upgrading of the machine tool industry has achieved positive results. Under the support and guidance of national policies, the machine tool industry has gradually accelerated the pace of transformation and upgrading, actively adapting to the changes in demand brought about by the fourth industrial revolution, making full use of advanced technologies such as intelligent manufacturing and industrial Internet, improving product technology and adapting to the user field. The new demand for the technological revolution, the product structure gradually extended to the middle and high-end, domestic machine tools gradually entered the key areas of automobiles, aerospace, military and other industries, and a number of enterprises with strong market competitiveness emerged.
In the market, the machine tool industry will face some unfavorable factors in 2019. For example, in 2018, the production and sales volume of the automotive industry declined for the first time in 28 years. In 2018, the growth rate of fixed assets investment in the automobile manufacturing industry was 3.5%, which was significantly lower than the growth rate of the whole society (5.9%). In 2019, the industry was not optimistic. . At the same time, the positive factors for the improvement of machine tool demand in the 3C industry are not obvious. Demand expectations for the two major machine tool markets will have a major impact on the machine tool industry.
On the other hand, the development of construction machinery, rail transit, aerospace and other industries is relatively strong, and the demand for machine tools will increase.
Based on the above factors, we predict that there will be downward pressure on the operation of the machine tool industry in 2019. In general, the demand will continue to upgrade. The main business income will be flat or slightly down in 2018, and the small industry sectors will behave differently.
An electric Gate Valve is a type of valve that uses an Electric Actuator to open and close the gate of the valve. The gate is a flat or wedge-shaped piece that moves perpendicular to the flow of the fluid. When the valve is open, the gate is lifted or pushed aside to allow the fluid to pass through. When the valve is closed, the gate is lowered or pressed against the valve seat to prevent the fluid from flowing.
Electric gate valves are commonly used in industrial applications where precise control of the fluid flow is required. They are often used in pipelines, water treatment plants, oil and gas refineries, and chemical processing plants. The electric actuator allows for remote control of the valve, which can be operated from a control room or a computerized system. This makes it easier to monitor and adjust the flow of the fluid, which can improve efficiency and reduce the risk of leaks or spills.
Electric Gate Valve,electric actuated gate valve,electric actuator for gate valve,motorised gate valve Description
WUXI KVC-VALVE , https://www.kvgatevalve.com