Order volume is declining, tool market may slow down in the second half of the year
In recent years, the rapid development of domestic manufacturing industry has made China's tool market have great development potential, and its total consumption has continued to rise year after year. According to statistics from the Tool Tool Industry Branch of China Machine Tool Industry Association, in 2010, China's total tool consumption reached 33 billion yuan, ranking first in the world. Therefore, as the world's most promising market, all tool companies are confident in achieving the 2011 growth target in the Chinese market. Comprehensive analysis of information obtained from multiple sources, the tool market is hot in the first half of this year, most tool companies have achieved the expected growth target in the domestic market, especially in the first five months, the orders of all tool companies are growing. . For example, in the domestic enterprises, Zhuzhou Diamond's production in the first half of the year has been in a state of saturation. In the first half of the year, the Group's sales revenue reached more than 400 million yuan. The sales of Jiangsu Xixiashu and Zhejiang Wenling, which are concentrated in small and medium-sized tool companies, are also higher than those in the same period last year. Great growth. The sales performance of many foreign tool companies in the domestic market has a numerical growth rate, such as Kennametal's growth of 39%, and the sales of Tailuo in the first half of the year exceeded the expected growth target. According to this inference, the sales of tool companies will continue to grow in the second half of this year, but most companies are not optimistic about the market outlook in the second half of the year. Relevant information shows that since May, the number of new orders for some tool companies has begun to decrease, including large-scale tool companies of a certain size. Tianjin Huafeng Jinshuo Electromechanical Technology Co., Ltd. is an agent of several branded knives. Business manager Li Zhenduo told reporters that the reason for the decline in new orders is related to the collective price increase of knives that occurred in May this year. According to Li Zhenduo, the price of the tool has increased by 4% to 10%, especially the imported brand knives have the highest increase, generally around 10%, or even higher. In view of this, many agent sellers rushed to place orders and increase inventory before the price increase, in order to provide users with a buffer for a period of time, reducing the adverse effects of sudden price increases. This is also the main reason for the sudden drop in orders from some tool companies. With the consumption of inventory, the demand for orders that should have risen did not reach the level before the price increase. At this point, the price factor is not the main factor affecting the quantity of orders. The news from many manufacturers, agents and regional industry associations shows that the growth of several important manufacturing sectors has slowed down and the number of new orders has been delayed. The main factor of going higher. In the automotive sector, the data provided by the National Bureau of Statistics showed that the sales in the automotive market slowed down in the first half of the year. The industry also predicted that this slowdown in production and sales will continue until next year, and the demand for processing tools for auto parts will be significantly reduced. Many tool companies have lowered their growth forecasts for the second half of the year. As a new industry, high-speed rail manufacturing also faces various difficulties. The Shanxi Zhiqi Railway Equipment Company, which was once booming, is currently seriously underemployed, and the demand for high-end tools is declining. The large number of military enterprises in Taiyuan, Shanxi is a local tool agent. The main customer group, Shanxi Chengquan CNC Measuring Tool Sales Co., Ltd. is one of the larger ones. According to Shao Zhengping, the business manager of the company, some military enterprises have reduced their production tasks in the second half of the year. Expectations are not very optimistic. In addition, the current implementation of financial policies and inflation has also adversely affected the development of many small and medium-sized manufacturing enterprises. Based on rising raw materials, rising energy sources, rising pressure on employment costs and financing difficulties caused by bank interest rate hikes, manufacturing companies in coastal areas have already Some of the closures or production stagnation, the demand for tools has plummeted. This has a serious impact on many small and medium-sized small and medium-sized tool companies. For example, in the Xixiashu area of ​​Jiangsu Province, the chairman of the local tool association, Yuan Yuanping, said that since May, the demand for standard milling cutters has begun to decline. Some companies The operation has become difficult, and the harm caused by homogenization competition to local tool companies has gradually emerged. For the above reasons, most tool companies have lowered their growth forecasts for the second half of this year. It is widely believed that the growth rate of the tool market will slow down in the second half of this year, and its growth will depend on macroeconomic adjustment and the final growth of manufacturing.
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