Machinery / Industrial Parts & Tools

In 2015, exports of German plastics and rubber machinery to China fell by 19% to 653 million euros (713.4 million US dollars).

The German Machinery Association VDMA announced the data before the International Rubber and Plastic Exhibition, which will be held in Shanghai from April 25 to 28. The data shows that the decline in exports of German plastics and rubber machinery was the same as in 2012. There was a substantial increase in 2013 and a decrease of 5.5% in 2014.

The German Machinery Association did not comment on the reasons for the decline in exports. This set of data comes from Chinese plastic equipment manufacturers.

China’s largest injection molding machine maker Haitian International Holdings Co., Ltd. said that last year’s domestic sales also fell, but there was a difference from the German figure, which fell 4% to 4.86 billion yuan ($748.7 million).

Haitian said that some domestic counterparts had fallen by more than double digits in 2015, and said that since March 2015, the purchasing manager index of China's manufacturing industry has been shrinking.

However, China is still a big market. In 2014, Germany was the largest country that exported plastic equipment to China, accounting for 32.9% of China’s imported equipment. The second largest country to export to China was Japan. In 2014, exports to China totaled 445 million euros ($540.8 million). )device of.

According to VDMA, Taiwan and South Korea are respectively the third and fourth largest exporters of plastic and rubber machinery to China, but the 2015 data report has not been released.