The Import Trend of CNC Machine Tools in China in the First Quarter of 2017: Volume Increase and Reduction

November 21, 2023

According to relevant data, in the first quarter of 2017, the import value of China's CNC machine tools reached 54.214 million U.S. dollars, and the cumulative amount decreased by 27.4% year-on-year.

According to relevant data, in the first quarter of 2017, the import value of CNC machine tools in China reached US$54.214 million, and the cumulative amount decreased by 27.4% year-on-year. From the perspective of quantity, the number of CNC machine tools imported in the first quarter was 2,617, a year-on-year increase of 0.2%, and the import of CNC machine tools was presented. Volume increases by reducing the trend.

Imports and Amount Statistics of CNC Machine Tools since 2016

Compared to developed countries in Europe and America that have entered the era of post-industrialization and relatively constant demand for machine tools, China's industrialization process is not over yet. The rise of automobiles and electronic consumption and the demand for machine substitutions have made China's machine tool market potential reachable. It is the fancy business opportunity in the Chinese machine tool market that many world-renowned machine tool manufacturers have entered the Chinese market one after another. In particular, since the market situation improved last year, it has even accelerated the investment and layout. China's machine tool market has shown significant characteristics of intensified international competition.

In recent years, despite China's machine tool industry breaking through foreign technology blockade, through independent innovation, successfully developed a number of high-precision, high-speed, high-efficiency CNC machine tools, and improved the manufacturing capabilities of key equipment required by key industries in the national economy. But at the same time, we must also clearly understand that in the function, performance and reliability of some high-end CNC machine tools, China still has a big gap with the international advanced level.

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Author:

Ms. SU LAN RONG

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susu@cn-tianhui.com

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