According to the latest statistics released by the Customs, in August 2010, China imported 9,074 metal processing machine tools, an increase of 10.34% from the previous quarter and a sharp increase of 138.25% year-on-year; the import amount was approximately US$829 million, a decrease of 4.26% from the previous quarter and a significant year-on-year increase. 117.63%. The average unit price for imports was USD 84,996 per unit, which was a decrease of 13.23% compared with the previous period and a year-on-year decrease of 8.66%.
From January to August of 2010, China imported a total of 68,460 metal processing machine tools, an increase of 63.9% compared with 41770 units in the same period in 2009; the cumulative import amount was approximately US$5.62 billion, an increase of 42.2% from US$3.953 billion in the same period of 2009; The average unit price for imports was US$82,088/unit, which was a decrease of 13.26% compared with US$94,635/unit in the same period of 2009.
From the above data can be analyzed that in the first 8 months of 2010, China's imports of metal processing machine tools showed a significant growth trend, the cumulative import growth rate of more than 60%. However, the import volume in August decreased from the previous month, mainly because the average import price of metal processing machines in August fell 13.23% month-on-month. In the first eight months of this year, the average import unit price of metal processing machines decreased by 13.26% year-on-year, which is a worrying issue in the industry. The continuous decline in the unit price of export of metal processing machine tools has made the profits of export companies drastically reduced, which has become the biggest difficulty faced by companies in the industry. Today's exports no longer emphasize the creation of foreign exchange, but focus on the adjustment and upgrading of the structure of export products. Therefore, the long-term focus of export work in the future is to adjust the product mix, increase the quality and efficiency of growth while maintaining the growth of the total amount, and avoid further expansion of low-level product exports to cause more serious low-price competition.
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