Tool market structure at home and abroad of China's overall positive
China's current annual sales of 14.5 billion yuan tools, carbide cutting tools which accounted for less than 25 percent, a far cry from the international market only tool product structure, can not meet the domestic manufacturing carbide cutting tools for the growing demand. Consumption of domestic manufacturing tool, carbide cutting tools has reached more than 50% share, the gap between supply and demand structure problem has very serious consequences is a large surplus of low-cost high-speed steel cutting tools to export or domestic sales, while the high-performance carbide cutting tools but had to rely heavily on imports, imports from 2001's $ 090 million in 2005, rising to $ 450 million (about 3.6 billion yuan).
The tool is the production of structural imbalances in the wrong way and demand tool. For example: You need a great gap carbide cutting tools, high speed steel cutting tools but overproduction; modern manufacturing and efficient tool needed gap is large, but low-grade standard tool but overproduction.
In developed countries, the current dominance of carbide cutting tools account for the proportion of 70%. The high-speed steel cutting tools at a rate of 1% to 2% per year reduction in the current proportion has dropped to below 30%. The proportion of diamond, cubic boron nitride and other superhard tools around 3%.
China's current annual output of about 80,000 tons high-speed steel, accounting for 40 percent of global output, consumes a lot of valuable tungsten, molybdenum and other scarce resources. This blind expansion and low-level redundant, making the production of high-speed steel cutting tools a lot of excess, had to low sales, resulting in a large number of inefficient tool manufacturers.
China's current annual output of 16,000 tons carbide, also accounted for about 40 percent of global output. However, the highest value-added products carbide cutting blade yield only 3 thousand tons, accounting for only 20%. This situation, on the one hand cause of carbide cutting tools are badly needed in short supply, it also makes a valuable carbide resources have not been fully utilized.
Comparison in terms of economic efficiency, Carbide annual sales of approximately $ 560 million revenue; only 40% of production in Japan, but sales revenues of $ 2.633 billion US dollars, of which the blades (knives) in proportion as high as 72%, so that resources are fully utilized, companies also get good benefits. Our tool industry should get some useful lessons.