Instrumentation industry market growth will remain stable
According to Mr. Stanley Gao Jinhua introduction, instrumentation belongs to the high-tech industry, instrumentation products are widely used in various fields of economy and society, whether it is control devices, optical instruments, or measuring instruments, analytical instruments, the accuracy of the control and analysis of the measurement accuracy requirements Are very high. Stanley Gao Jinhua said that since the second half of 2013, China’s export of instrumentation products has stabilized, and due to the limited market size of the instrumentation industry, it is expected that the export growth will remain stable. The annual export exceeds US$26 billion, an increase of about 5%; the increase in imports is still significant. Will be lower than the export increase, 3% -5%, the import value is about 44 billion US dollars. According to customs statistics, in 2013 China's total export of instrumental products was 25.37 billion U.S. dollars, an increase of 6.2% year-on-year; imports were 42.29 billion U.S. dollars, an increase of 3.8% year-on-year.
Stanley Gao Jinhua told reporters that since 2001, China's import and export of instrumentation products have maintained a rapid and steady growth, only in 2009 was affected by the impact of the international financial crisis has declined, after rapid and short-term recovery in 2010 and 2011, In the past two years, it gradually fell into a slump. Stanley Gao Jinhua said that China's instrumentation products have long been in a deficit state of import and export trade. Since 2001, the trade deficit has continued to expand, and before 2006, the deficits exceeded the export value. However, since 2005, export growth has gradually begun to exceed the increase in imports. The increase in the trade deficit has gradually narrowed, and the deficit has been exceeded by the amount of exports. The trade deficit reached its highest level of US$17.16 billion in 2011 and then began to decline.
Stanley Gao Jinhua believes that in terms of exports, in the first half of the year, after a brief period of growth at the beginning of the year, the overall performance was sluggish and growth remained stable in the second half of the year; on the import side, the monthly increase fluctuated considerably. In the year, imports and exports increased slightly, and export growth continued to be higher than the increase in imports. Stanley Gao Jinhua told reporters that instrumentation products are mainly divided into 12 categories. In terms of exports, industrial automation systems and devices, optical instruments, and medical instruments are the most important product categories. Faster export growth includes industrial automation systems and devices (18.1%), electrical instrumentation (11.1%), and experimental analysis. Instruments (14.6%) and Weighing Instruments (10.2%). Only metering instrument exports fell year-on-year. Industrial automatic control systems and devices, laboratory analysis instruments, medical instruments, optical instruments, and electronic measuring instruments are the main imported product categories. Faster imports include optical instruments (20.9%), laboratory analysis instruments (15.8%), and medical care. In the instrument (7.1%), the imports of other product categories have declined to varying degrees.
Export equipment technology is low
Stanley Gao Jinhua said that China’s instrumentation products are in surplus in the import and export trade of metering instruments, weighing instruments, drawing calculations, and measuring instruments with low technological content, and the rest of the products are in a trade deficit, especially among those with high technical content. Industrial automation systems and devices, electronic measuring instruments and medical instruments have the highest trade deficits. Stanley Gao Jinhua told reporters that Asia is the major export market for instrumentation products in China, accounting for more than half, followed by Europe and North America (mainly the United States), the export share is also 19%, and the export growth of the three major markets exceeds the average export Increase. In addition, exports to Africa, Latin America and Oceania have fallen, especially to Africa. Stanley Gao Jinhua told reporters that the United States is China's largest import and export market for instrumentation products. In 2013, it exported US$6.44 billion, accounting for 18.3%, up 8.3% year-on-year; imported US$8.8 billion, accounting for 20.8% of the total, and a year-on-year increase. 9.2%. Of the top ten export markets, only exports to Japan declined, and countries and regions with rapid export growth were Taiwan Province, Singapore, Germany, the Netherlands, and India, with increases of 36.2%, 15.7%, 15.5%, and 11.7% respectively. 10.5%. According to data provided by Stanley Gaojinhua, China's imports of instrumentation products from Asia accounted for 45.7%, imports from Europe accounted for 32%, imports from North America accounted for 21.5%, but the import growth from the above areas is relatively small, especially imported from Asia The year-on-year increase was only 0.7%. The regions with rapid import growth were mainly in Africa, the Middle East, and Eastern Europe. The main reason was that the import base from these regions was relatively small, and the fluctuation of the increase was more obvious.
Stanley Gao Jinhua also said that in addition to the United States, the main importing countries and regions are Japan, Germany, South Korea and Taiwan Province, but only from Taiwan Province and South Korea, imports have increased rapidly, respectively, 14.9% and 12.1%, since Germany and Japan Imports increased by 3.7% and decreased by 8.7%, respectively. China’s exports of instrument and meter products accounted for the largest proportion, which was 44.8%, a growth rate of 9.5%, and exports accounted for 44.4%, a growth rate of 3.6%; It also took feed processing as the main factor, accounting for 41%, with a growth rate of 5.1%.
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