plastic mould, injection mould

China Plastic Mold Development Situation and Development Trend Analysis

Overall, China's plastic mold both in quantity and in quality, technology and capabilities have been made great progress, but with the national economic development needs of the world's advanced levels, the gap is still significant. Some large, sophisticated, complex, long-life in the high-grade plastic mold still a large number of imports each year. In total supply, while some low-grade plastic mold is an oversupply, intense market competition, there are not too high technological content of the mid-range plastic molds have an oversupply trend. 

Accession to the WTO has brought great challenges, and bring more opportunities to the plastic mold industry. As China-based plastic mold is low-grade products, product prices have obvious advantages, some even the prices of foreign products only 1 / 5 to 1 / 3. After joining the WTO, the impact of similar foreign products on the domestic small and middle and low mold China export volume is increasing. For high-precision molds, joined the WTO not only brought greater convenience to imports of sophisticated products, but also encourage more foreign investment to China built Plants, which bring in advanced foreign technology and management experience in mold. Professional training in China has played a role in promoting human mold.

2006, the total output value of China's plastic mold about 300 billion yuan, of which exports about 5.8 billion yuan. According to customs statistics, China imported a total of 2006 plastic molds for about 1 billion U.S. dollars, about 8.3 billion yuan. It follows that, in addition to production for own consumption, the market in 2006, China plastic mold is about 31.3 billion yuan of total demand, supply of domestic mold is total about 230 billion yuan in the market to meet the rate of 73.5%. Imports of plastic mold, is the largest automobile supporting various decorative mold, supporting a variety of molded case for the home appliance mold, communications and office equipment to support a variety of injection molds, extrusion dies for the building materials as well as supporting electronics industry supporting a variety of plastic molds. Exports of plastic products to mostly middle and low. As China plastic mold of lower prices have a stronger competitive edge in the international market, the prospects for further expansion of export is good. And the average annual growth of exports of more than 50 per cent in recent years is a good proof of this. 

Although export growth of mold in recent years is higher than import growth, the increase in the absolute volume of imports is still larger than exports, resulting in mold foreign trade deficit increased year by year. This situation has improved in 2006, the deficit decreased slightly. The foreign trade deficit of mold increased mainly two reasons: Firstly, the sustained rapid development, especially the auto industry's rapid development has brought strong demand for molds, and imports some really high-end domestic production. And also import the domestic production. This is depending on China's current tariff policy and project approval system. Secondly, the encourage of mold export is not enough. Now, like mold and other electronic products, the export tax rebate rate of only 13%, while below the 17%.

From the market situation, plastic mold manufacturing enterprises should focus on the development of mold export with high-tech, large-scale, sophisticated, complex, long-life and vigorously to develop the international market. With China's plastics industry, in particular the rapid development of engineering plastics, it is foreseeable that China's pace of development of plastic mold tooling industry will continue to be higher than the overall growth rate in the next few years and the annual growth rate will remain around 20 percent level. 

In recent years, the Hong Kong-owned, Taiwan-funded, foreign-funded enterprises in mainland China have developed rapidly, a large number of these enterprises in the plastic mold production for their own use without precise statistics, is not included in the above figures.

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