Plastics Industry News
繁體 | 简体
Technology
Applications
Chinaplas 2019
CPRJ Webinar Ad
Main > Daily Market News > Article Content
| Print | Submit Article |
Last Page | More | Next Page
Keywords of this article:  injection molding 
To contact the supplier/company mentioned in this article, please email to:
mediaoperation@adsale.com.hk
More suppliers
Close
extruder 
To contact the supplier/company mentioned in this article, please email to:
mediaoperation@adsale.com.hk
Related links:
1. COPERION
More suppliers
Close
injection mold 
To contact the supplier/company mentioned in this article, please email to:
mediaoperation@adsale.com.hk
More suppliers
Close
injection mold 
To contact the supplier/company mentioned in this article, please email to:
mediaoperation@adsale.com.hk
More suppliers
Close
blow molding 
To contact the supplier/company mentioned in this article, please email to:
mediaoperation@adsale.com.hk
More suppliers
Close
China recorded a favorable balance of US$499 million in plastics machinery trading in 2017.
China recorded a favorable balance of US$499 million in plastics machinery trading in 2017.

Exports of Chinese plastics processing machinery were recorded strong in 2017, according to the latest figures of China Plastics Machinery Industry Association (CPMIA).

There were 402 enterprises above designated size within China's plastics machinery industry in 2017. Throughout the year, the income from major operations increased 13% Year on Year (YoY), and the profit was up 22%. The exports remained strong, as delivery value grew 21% compared with the previous year.

In 2017, China imported 21,180 units of plastics machinery, a drop of 25% YoY. However, import values of US$1.741 billion represented an increase of 30%. This was due to the increase in the per unit import price which amounted to US$80,000 from US$50,000 in 2016.

The major types of machines being imported were injection molding machines, extruders and blow molding machines.

Machines from other Asian countries accounted for the major portion of China's imports, in which 16,623 units were shipped to China at US$1.02 billion in 2017. They represent 78.5% and 58.29% of the total volumes and values respectively.

In particular, imports from Japan grew by 47.2% and 43.97% in volumes and values compared with 2016.

Imports from Europe amounted to 2,588 units at US$640 million, representing 12.22% of the total volume and 36.57% of the total values. Germany's import volumes dropped 36.32% but values were increased by 14.6%, while import volumes and values from Italy were increased by 53.95% and 3.43% respectively.

For Austria, Switzerland and France, the import values were up 7.14%, 186.28% and 119.34% respectively.

China exported a total amount of 858, 109 units of plastics machinery at US$2.24 billion, grew 37% and 12% respectively YoY. The per unit export price was US$3,000.

As a result, China recorded a favorable balance of US$499 million in plastics machinery trading throughout the year, with injection molding machines accounting for the major part.

Injection molding machines, extruders, blow molding machines, bridge-die-forming machines and calendar forming machines were the major types of products being exported. In total, 100,541 units were exported at US$1.929 billion in 2017, representing just 11.72% of the total export volume but 86.09% of the export values.

Of the 10 major export destinations of China's plastics machinery in 2017, the US, India, Mexico, Malaysia and Bangladesh experienced faster growth. Meanwhile, Indonesia and Iran recorded bigger drop. 

Related Articles  
China’s 3D printing machines are taking th...
Latest rankings! These are the top Chinese...
Major Chinese plastics machinery suppliers...
Slowdown in foreign trade for Italian plas...
Who are the top manufacturers in the Chine...
Latest figures: the US a booming market fo...
Related Supplier
HOSOKAWA ALPINE AG ABT. FVF
浙江精诚模具机械有限公司
KAUTEX MASCHINENBAU GMBH & ...
震雄营销(深圳)有限公司
信易电热机械有限公司
CHUAN LIH FA MACHINERY WORK...
We are collecting readers' comment for improving our website. If you are willing to help, please CLICK HERE to complete a survey. Your comments matter.
Write a mail to the editor
Copyright © Adsale Publishing Limited. Any party needs to reprint any part of the content should get the written approval from Adsale Publishing Ltd and quote the source "China Plastic & Rubber Journal (CPRJ)", Adsale Plastics Website - www.AdsaleCPRJ.com. We reserve the right to take legal action against any party who reprints any part of this article without acknowledgement. For enquiry, please contact Editorial Department.  [Want to use this report?]
Name
Company Name
Job title
Email (will not be published)
Comment
Recent Comment
Legal Statement | Privacy Policy
Remarks: Publication of the comments is at editor's discretion.
Register a New Member
东华机械有限公司
东莞市思为客自动化科技股份有限公司
莱斯特瑞兹机械(太仓)有限公司
日钢注塑机維修(深圳)有限公司
海天塑机集团有限公司
3C conf
上海ABB工程有限公司
广东伊之密精密机械股份有限公司
泰瑞机器股份有限公司
信易电热机械股份有限公司
DAVIS-STANDARD, LLC
Pack conf
富强鑫精密工业股份有限公司
裕克施乐塑料制品(太仓)有限公司
艾尔发集团
阿科玛(中国)投资有限公司上海分公司
COPERION GMBH
HOSOKAWA ALPINE AG ABT. FVF

Supplier Highlights
WITTE PUMPS & TECHNOLOGY GMBH