China Die Mould Situation And Potential Future

Since the beginning of the 21st century, China's die and mould industry has gradually completed business transformation and industrial upgrading in response to changes in demand of downstream die and mould industries at home and abroad. According to statistics, at present, China is engaged in mold technology research and development, mold, mold standard parts and parts professional production of about 30,000 enterprises, in 2015, the total sales of the national mold is about 171.8 billion yuan (not counting the self-produced and self-used molds that have not entered the circulation link, the same below), enterprise self-use mold output value is about 40 billion yuan; In 2016, China's total mold sales were about 180 billion yuan. From 2013 to 2015, the annual compound growth rate of China's total mold sales reached 6.1%. With the driving of domestic demand in China and the cost-effective advantage of Chinese die and mould in international die and mould procurement, the international and domestic market demand continues to grow and the industry develops steadily. It is expected that China's die and mould industry will still have a greater growth in the future. The overall level of China's mold manufacturing technology has made great progress, and some products have approached or reached the international level. China's mold plays an increasingly important role in the international procurement pattern. According to the statistics of China Mould and Die Industry Association, China's mold export exceeded the mold import for the first time in 2010, the compound annual growth rate exceeded 20%, and the cumulative export of mold reached 16.1 billion US dollars. From 2015 to 2016, the cumulative export of molds reached 11.5 billion US dollars.China has become a worthy of the name of the world mold manufacturing and mold trade power.