China milling machine market

According to China Association of Machine Tool Industry Ministry data shows that the market in 1998 and 2001, imports of milling machine from 4,622 units to 6,471 units, an increase of 40%, including CNC milling machine imported from 563 units to 2,290 units, increase of up to 258%. milling machine and CNC milling machine import from 1998 of 7,579 million and 4,915 million to $ 14,883 in 2001 million and $ 11,365 million U.S. dollars, an increasein three years were 96.4% and 131.2%. In the same period, imports of vertical milling machine rate from12.2% in 1998 to 31.2% in 2001, increased by 19 percentage points, and 2001 imports of vertical milling machine rate as high as 76.4%, CNC milling machine driven by the rapid growth of imports of the entire milling imports. CNC machine tool in 2001, the average unit price of imports was 5.6 million (about 464,000 yuan), while the average price of domestic milling machine is only 183,000 yuan.

article Source: milling machine