From the perspective of import markets and countries, the structure of China's machine tool import market is still dominated by Asia and Europe, with imports accounting for nearly 95% of the total. However, the market pattern has changed from the dominant position of Asia in the past to more than 60%, and it has become a split in Europe and Asia.
Since 2013, China’s imports of Japanese machine tools have fallen sharply, with a drop of 41.6%. The growth rate from Germany, the United States and the United Kingdom has been obvious. To a certain extent, it is also a substitute for Japanese machine tool products. However, due to its high price, it cannot Completely make up for the vacancy in the Japanese market. The sharp decline in the Japanese market is also the main reason for the large year-on-year decline in total imports of machine tools in China.
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