China's metal processing machine tool imports increased by 49.3% in the first half of 2010

In the first half of 2010, China's metal processing machine tool imports showed an overall increase in price and price. The Chinese market has increased demand for various grades of machine tools, including low-end machine tools. However, from the overall trend, there is still more demand for medium and high-end metal processing machines than low-end machines.

According to the latest statistics released by the customs, in June 2010, China imported 9,306 metal processing machine tools, an increase of 4.87% from the previous month and an increase of 27.46% year-on-year; the import value was approximately US$795 million, an increase of 22.19% from the previous month and an increase of 18.99% from the same period last year. The average unit price of imports was US$85,398 per unit, an increase of 16.52% from the previous month, but a decrease of 6.65% year-on-year.

In the first half of 2010, China imported a total of 50,043 metal processing machine tools, an increase of 49.3% year-on-year; the cumulative import value was approximately US$3.924 billion, up 24.4% year-on-year; the average unit price of imports was US$8,2469.2 per unit, down 17.5% year-on-year.

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