China as market for plastics and rubber machines

On the occasion of Chinaplas, to be held from 17 – 20 May 2011 in Guangzhou, China, the Plastics and Rubber Machinery Association of the German Engineering Federation VDMA has published latest statistics on German and international exports of plastics and rubber machines to China.

According to the report, German exports to China in 2010 increased by 64.4 % to reach an export volume of more than EUR 587 million. This growth more than compensated the slump experienced in the preceding year. The export volume scarcely fell short of the peak volume recorded in 2004.

German exports of plastics and rubber machines to China

Year

EUR million

Change over previous year (%)

Share in world exports to China (%)

2005

307.4

-48.2

19.8

2006

288.8

-6.1

17.5

2007

346.9

20.1

21.3

2008

494.5

42.6

28.4

2009

357.1

-27.8

28.5

2010

587.2

64.4

N. A.

Worldwide exports of plastics and rubber machines to China in 2009 reached a volume of EUR 1.25 billion, a decrease of 28.2 % when compared to the preceding period. For the first time ever, German suppliers outranked their Japanese competitors and – at a share of 28.5 % in worldwide exports – became the number one foreign supplier of this equipment to China.

World exports of plastics and rubber machinery to China

Country

2008
EUR million

2009
EUR million

Change
2009/2008 (%)

Germany

494.5

357.1

-27.8

Japan

523.2

313.8

-40.0

Taiwan

189.4

107.0

-43.5

USA

75.5

84.0

11.2

Italy

97.9

79.3

-19.0

Republic of Korea

117.2

71.3

-39.2

France

59.5

52.2

-12.3

Canada

34.7

46.3

33.2

Total

1,745.8

1,253.4

-28.2

Further important machinery exporters to China in 2009 ranking behind Germany and Japan (25.0 %) comprise of Taiwan (8.5 %), the USA (6.7 %), Italy (6.3 %), Republic of Korea (5.7 %), France (4.2 %), and Canada (3.7 %). Within this list, only the USA and Canada showed increase rates in the year of the economic and financial crises.


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