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China’s Mold Industry Accounts For About One-third Of Global Output Value And Consumption


Xinhua News Agency, Shanghai, June 11th (Reporter Wu Yu) The “19th China International Mould Technology and Equipment Exhibition & 2019 Shanghai International Automobile Mould and Forming Technology Equipment Exhibition”, which opened in Shanghai on the 11th, sent out information: China’s mold consumption The volume reached 255.5 billion yuan in 2018, accounting for about one-third of the world’s mold consumption, and the mold output value also accounted for more than one-third of the world’s total mold output value.

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

The mold is known as the “mother of industry”. According to the research of the China Mould Industry Association, the consumption of 255.5 billion yuan of China’s mold in 2018 can support 28 trillion yuan of industrial manufactured products nationwide. It is an important part of “Made in China” and plays a role as a “big country” To the role of “behind-the-scenes hero” that changes people’s lives. Taking the automobile industry as an example, the dependency of molds for automobile manufacturing has exceeded 90%, and more than 95% of the mold enterprises in the country involve automobile molds.

According to statistics, in recent years, Chinese mold companies have accelerated their “going global” and completed more than 20 related mergers and acquisitions, with a transaction value of nearly 7 billion US dollars. The main mergers and acquisitions are in the direction of mold intelligence, electrification and light weight

mold industry accounts for about one third of global output value and consumption

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