Foshan Yuhai Screw Machinery Co. LTD
my country's middle and low-end mold industry has great potential
Date: 2020-10-20 13:02:07


  The international market potential for low- and medium-end molds is huge. As long as the quality of domestic molds can be improved and the delivery time can be guaranteed, the prospects for mold exports are very optimistic. In addition, the demand for mold standard parts in the international market is also great. Customs data shows that my country only exports a small amount.

   It is the general trend to accelerate the transfer of global manufacturing to mainland China, and China will gradually develop into a world-class manufacturing base. Guangdong, which has obvious advantages, especially the Pearl River Delta region, will develop into the world's mold production center within ten years. At the same time, in recent years, my country has used nearly 1 billion U.S. dollars to import molds each year, of which precision, large, complex, and long-life molds account for the majority. Therefore, from the perspective of reducing imports, the market share of such high-end molds and hardware tools will gradually increase. Increase. In the future, my country's mold and hardware tool industry will also be among the best in the world.

   At least 70% of my country's hardware industry chain are private private enterprises or micro-enterprises, which are the main force in the development of my country's hardware industry. my country has gradually become a major hardware processing country and a major export country in the world, and has become one of the world's major hardware production countries, with a broad market and consumption potential. The domestic market has a great demand for medium and high-end molds. According to forecasts, during the "Twelfth Five-Year Plan" period, the general trend of the mold market will rise steadily, but domestic molds must meet user needs in terms of quality and delivery time. Moreover, the home appliances, automobiles, and plastic products industries have the greatest demand for molds. In the international market, in recent years, labor costs in industrially developed countries have increased, which is shifting to developing countries, especially Southeast Asian countries. Its domestic production mainly focuses on high-precision molds, and molds with a large amount of labor input depend on imports. 

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