1. The overall import and export situation
The blow molding machine is a type of plastic processing machinery. After liquid plastic is sprayed out, the plastic body is blown onto a certain shape of mold cavity by the air blown by the machine to produce a product. This machine is called a blow molding machine. Plastic is melted and quantitatively extruded in the screw extruder, then formed by sealing film, cooled by air blown by the cooling ring, and then pulled at a certain speed by the traction machine and wound into a roll by the winder.
China is a major manufacturing country. In recent years, the export quantity of blow molding machines from China has continued to increase, from 27,000 units in 2018 to 61,000 units in 2021, and the export value has increased from 220 million USD in 2018 to 290 million USD in 2021. The import quantity and value show a downward trend. From January to November 2022, the export quantity of blow molding machines from China was 77,000 units, with an export value of 280 million USD, while the import quantity was 0.2 thousand units, with an import value of 130 million USD.
2. Breakdown of import and export
From the perspective of export quantity, China’s blow molding machine exports are mainly dominated by extrusion blow molding machines. From January to November 2022, the export quantity of China’s injection blow molding machines was 0.4 million units, with an export value of 0.1 billion USD; the export quantity of extrusion blow molding machines was 50,000 units, far exceeding the export quantity of injection blow molding machines, with an export value of 130 million USD, which is 120 million USD higher than that of injection blow molding machines.
From January to November 2022, the import quantity of injection blow molding machines in China was 72 units, with an import value of 0.02 billion USD; the import quantity of extrusion blow molding machines was 53 units, 19 units lower than that of injection blow molding machines, with an import value of 0.05 billion USD, which was 0.03 billion USD higher than that of injection blow molding machines.
From the perspective of import and export unit prices, the average import unit price of China’s blow molding machines is much higher than the export unit price. From January to November 2022, the average export unit price of China’s blow molding machines was 3636.4 USD per unit, while the average import unit price was 650,000 USD per unit.
3. Analysis of import and export patterns
From January to November 2022, the top five regions for China’s blow molding machine exports by export value were Indonesia, Vietnam, Thailand, India, and Mexico, with export values of 22.882 million USD, 19.9777 million USD, 17.355 million USD, 13.8 million USD, and 11.986 million USD, respectively.
Zhejiang, Guangdong, and Jiangsu provinces are major exporters of blow molding machines in China. From January to November 2022, the export value of blow molding machines in Zhejiang Province ranked first in the country, with an export value of 98.592 million USD; Guangdong Province ranked second with an export value of 58.681 million USD. These two provinces are China’s main export regions for blow molding machines.
In terms of import value, Germany is the largest importing country of blow molding machines to China. From January to November 2022, China imported blow molding machines worth 87.056 million USD from Germany, accounting for 65% of the total import value; blow molding machines worth 14.075 million USD were imported from Japan, accounting for 11% of the total import value.
Source from Intelligence Research Group (chyxx.com)
