Machinery / Industrial Parts & Tools

The unit price of machinery industry products is high, such as food machinery, woodworking machinery, mining machinery and other large, medium and small machinery products, which have a place in the international trade market environment?

According to the current global PMI (Purchasing Manager Index) index of 52, it can be seen that the market environment is relatively good, including 55 in the United States, 54 in the Philippines, and 52 in Vietnam, which has driven the market demand for food machinery, plastic machinery, machine tools, etc.

In 2022, the international trade export of machine tool industry will increase by 37% year-on-year, and the international trade export of laser machinery will increase by 61% year-on-year.

Moreover, the sustained high global commodity prices (crude oil rose by 55%, wheat rose by 51%, lithium salt rose by 150% in 2022) have led to an increasing demand for agricultural machinery and energy and mineral machinery.

In 2022, the export volume of international trade in mining machinery increased by 52% year on year, and the export of agricultural machinery increased by 31% year on year. The capital investment launched by governments to stimulate the economy stimulated the demand for construction machinery, building materials machinery, etc.

In particular, the export of construction machinery will continue to increase by 45% year-on-year in the first quarter of 2022 on the basis of a year-on-year increase of 62% in the export of international trade in 2021.

It can be seen that the global machinery market is optimistic and shows a trend of continuous growth.