Influence of Economic Climate on CNC Cutting Machine Industry

The continuous rise in raw material prices has caused many companies to complain. Incomplete statistics, this year the market price of CNC cutting machine generally rose between 4% and 10%, among which the increase of imported brands of CNC cutting machines is generally around 10% or even higher. The indirect impact of rising raw material prices has increased the profits of cutting tool companies. According to the current data, most companies can complete the established sales, but the sales volume has not been correspondingly increased. The increase in the amount of credit depends entirely on price increases. It is not difficult to see from the mid-market report of CNC cutting machine tools, the profits of mid-year enterprises such as Shenyang Machine Tool Co., Ltd. decreased by 40% year-on-year. Macroeconomic factors such as rising raw materials and rising labor costs have greatly increased the Operating burden.

Dongguan Zhenlei Electrical believes that the current macroeconomic environment in our country is the main reason for the changes in the market of CNC cutting machine tools. “The high degree of dependence on the CNC machine tool industry and macroeconomics, and the country’s continuous increase in the deposit reserve ratio are all The market of CNC cutting machine tools in the equipment manufacturing industry has brought a lot of impacts, and the downward trend in the sales of ordinary CNC cutting machine tools and medium and low-end machine tool equipment is particularly evident.

Machinery manufacturing itself also faces major adjustments. The situation in the automotive and high-speed rail industries is not optimistic. In particular, the introduction of auto purchase restrictions in many places, the entire automotive industry has lowered its full-year forecast. It is understood that Chery, BYD and other domestic auto brands in this year's equipment investment has been basically completed. At the same time, high-speed rail, wind power and other hot industries have shown signs of slowing investment.

From the statistical data of the entire machinery industry, we can see that in the first half of the year, the machinery industry achieved stable and rapid growth, while the growth rate showed a moderate decline. The 4 trillion investment that the government started at the end of 2008 has come to an end, the domestic demand pull effect has gradually weakened, and the international economic environment has not fully recovered. The impact of the macroeconomic environment on the CNC cutting industry still needs to be observed.