Machinery general parts slow growth in the first half

Data show that in the first half of the year, the total output value of the mechanical parts and components industry was 155 billion yuan, a year-on-year increase of 2.64%.

Constrained by various factors, the economic operation of the general parts and components industry of machinery in the first half of the year showed a slow growth trend. Luo Baihui, secretary-general of the International Modeling Association, stated that since the end of 2012, the import volume of metal processing machine tools has been continuously reduced, and the unit price of imports has continued to increase. This trend continued in 2013, with the import volume in the first 7 months falling, and the unit price increased by 6.4%. In the first seven months, a total of 45,551 metal processing machine tools were imported, and the import value was 6.12 billion U.S. dollars, down by 24.4% and 19.5% year-on-year, respectively. From the July situation, the import volume increased month-on-month, while the import price dropped month-on-month. The data shows that in July 2013, China imported 7,132 metal processing machine tools with an import value of US$870 million.

According to the data, in the first half of the year, the total import and export volume of machinery parts and components industry was 14.141 billion U.S. dollars, an increase of 1.89% year-on-year. In terms of exports, the industry's export value was 5.794 billion U.S. dollars, an increase of 3.16% year-on-year. One fastener professional export value was 2.305 billion U.S. dollars, accounting for 39.7% of the total export value of the industry in the first half of the year, a year-on-year decrease of 0.33%; the first half of gear product exports reached 2.444 billion U.S. dollars, accounting for the total export value of the industry. 42.18%, an increase of 8.86% year-on-year. On the import side, the import value of the machinery parts and components industry was 8.347 billion U.S. dollars, an increase of 3.16% year-on-year. Among them, the import value of gears was 6.203 billion U.S. dollars, accounting for 74.3% of the industry's total imports. The year-on-year increase was 2.89%; the import value of fasteners was 1.475 billion U.S. dollars, a decrease of 3.38% year-on-year.