Mold industry status

- Jun 01, 2019-

According to the statistics of China Die & Mould Industry Association, since 2010, China's mold export growth has exceeded 20% for four consecutive years. Due to weak demand in the international market, the growth rate of mold exports in 2014 fell to 9.35%.

China's mold manufacturing industry production and sales demand forecast and transformation and upgrade analysis report data show that in the first quarter of 2015, China's mold exports increased by 3.09% year-on-year, the growth rate further slowed down, it is expected that the annual export growth rate will be further reduced than last year; the same period of mold import and export and import The first "quarterly negative growth" since 2009 has emerged, and market uncertainty has increased.

The mold is known as the "mother of industry". At present, there are 30,000 mold enterprises in China, with an annual output value of 220 billion yuan and annual export of nearly 5 billion US dollars. It has become a big mold manufacturing country and a mold trading country. The growth rate of China's mold exports continued to slow down. In addition to the international economic situation, it also indicated that the international competitiveness of the mold industry is insufficient.

Since 2014, although the international mold market has shrunk as a whole, there is still a large demand in the high-end market represented by precision molds. However, due to the fact that China's high-end molds have a self-matching ratio of less than 60%, it has greatly restricted the development of international high-end markets.