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About one third of the output value and consumption of the global mold industry is contributed by China

2019-06-24

About one third of the output value and consumption of the global mold industry is contributed by China

 

    Core abstract: According to the statistics of China Die and Mould Industry Association, in 2018, China's mold exports reached 6.085 billion US dollars, an increase of 10.8% over the previous year, accounting for a quarter of the world's total mold exports, exported to about 200 countries and regions around the world, The top five export markets are the United States, Germany, Hong Kong, Japan and Mexico;

      According to the statistics of the China Industry Association, in 2018, China's mold exports reached 6.085 billion US dollars, an increase of 10.8% over the previous year, accounting for a quarter of the global mold exports, and exports to about 200 countries and regions around the world, the top five export markets They are the United States, Germany, Hong Kong, Japan and Mexico; the import of molds is 2.14 billion US dollars, a year-on-year increase of 4.3%, accounting for one-eighth of the total global mold imports, and the top five import markets are Japan, South Korea, Germany, Taiwan and the United States.

      Mould is known as "the mother of industry". According to the research of China Die and Mould Industry Association, in 2018, the consumption of moulds in China was 255.5 billion yuan, which could support 28 trillion yuan of industrial products in the country. To the role of the "hero behind the scenes" who have improved people's lives. Taking the automobile industry as an example, the dependence of automobile manufacturing on molds has exceeded 90%, and more than 95% of the mold enterprises in the country are involved in automobile molds.

      According to statistics, in recent years, Chinese mold companies have accelerated their "going out" and completed more than 20 related mergers and acquisitions with a transaction value of nearly 7 billion US dollars.