In October 2010, China imported 6799 metal processing machine tools

Recently, the latest statistics released by the Customs show that in October 2010, China's imports of metal processing machine tools 6,799, a chain fell 40.23%, an increase of 37.24%; import value of about 736 million US dollars, a decrease of 23.55%, year-on-year growth 109.49%. The average unit price for imports was 108,221 U.S. dollars per unit, a month-on-month increase of 27.92%, and a year-on-year increase of 52.64%.

From January to October 2010, China's total imports of 86,608 metal processing machine tools, an increase of 68.5% over the 51,398 units in the same period in 2009; cumulative import value of approximately 7.296 billion US dollars, an increase of 50.4% over the 48.51 billion US dollars in the same period in 2009; The average unit price for imports was 84,244 US dollars per unit, a decrease of 10.74% from the same period in 2009, 94,385 U.S. dollars per unit.

From the above data, it can be concluded that in the first 10 months of 2010, China's imports of metal processing machine tools showed a significant growth trend, cumulative import growth rate of nearly 70%, the amount of imports increased by close to 50%. However, the average import unit price of metal processing machines fell by 10% year-on-year. In October, the import volume of metal processing machine tools decreased, but the unit price of imported materials increased significantly, indicating that the industry’s demand for high-end equipment is still relatively strong. According to statistics, from January to September this year, China's cumulative import of 12,294 CNC machine tools, an increase of 78.9%; import volume of 2.531 billion US dollars, an increase of 25.3%; but the average import price of 1,870,177 US dollars / Taiwan, a decrease of 32.9% . It can be seen that the increase in the number of imports of CNC machine tools is even more pronounced than in the case of metal processing machine tools, indicating that the import structure of China's machine tools is still unreasonable, and the apparent decline in the value of high-end products is worthy of attention by the industry and related companies.

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