Based on the statistics from China Die & Mold Industry Association (CDMIA), the export increase rate of die & mold have reached to over 20% for four successive years since 2010. But due to the weak demand in international die & mold market, the export increase rate of die & mold has decreased to 9.35% in 2014.

In Q1 of 2015, the export value of die & mold increases 3.09% compared with that of last year and the export increase rate of die & mold again shows a slow-down tendency. It is predicted that the export increase rate of the whole year will fall back compared with that of last year. In the corresponding period, export & import of die & mold decreased the first time since 2009, due to the increasing uncertainty of the market.

Standing Vice-president and Secretary of CDMIA, Mr. Wu Binshu indicated, “The successive decrease of increase rate of die & mold is caused by not only the strict international economic condition, but also the insufficient international competitiveness of die & mold industry.”

By far, there are around 30,000 die & mold enterprises in China which annually produce a value of 220 Billion CNY and export a value of near 5 Billion USD, making China a huge manufacturing and trading country of die & mold. According to CDMIA, though the international die & mold market show a shrinking tendency, there is still a large demand in high-end market such as precision die & mold. However, the self-rationing rate of China’s middle and high-end  die & mold hasn’t reached to 60%, which in a large degree restricts the development of international high-end die & mold market.

To propel the development and innovation of the line, consolation prizes are set. And the die & mold industry should head to the destination of Integration, Intelligentization and Automation.