From January to February this year, due to changes in domestic and international market demand, the growth rate of machinery industry production and sales has dropped significantly compared with the same period of last year. The growth rate of production and sales is only over 2%. The export delivery value and output value of new products are year-on-year. A sharp drop, 52 products have accumulated a year-on-year increase, which is 44.83% of all reported product varieties. Details are as follows:
1. The growth rate of production and sales in the whole industry has dropped significantly. From January to February, the total industrial output value of the whole industry was 1,918.76 billion yuan, a year-on-year increase of 2.90%, and the growth rate dropped by 23.25 percentage points year on year. From January to February, the sales value of the whole industry was 1,150.103 billion yuan, a year-on-year increase of 2.11%, and the growth rate dropped by 25.68 percentage points year on year. From the beginning of the total output value and the growth rate of sales value at the beginning of the year, the growth rate of production and sales in the whole industry has dropped significantly compared with the same period of last year, and the sales value of sales has fallen faster than the total output value.
2. The production of the automotive industry declined year on year. From January to February, the gap in production growth of the 13 industries in the machinery industry increased. There were only three industries with a growth rate of more than 10% in the same period last year, namely: agricultural machinery, engineering and heavy mining industries, of which the agricultural machinery industry was The industry grew rapidly, with a year-on-year increase of 20.27% from January to February. From January to February, production in the automotive industry decreased by 5.69% year-on-year.
Comparison table of total output value growth of various industries from January to February
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3. The output value of new products has declined for the first time in recent years. From January to February, the output value of new products in the whole industry was 1972.28 billion yuan, down 5.82% year-on-year. The growth rate dropped sharply by 25.56 percentage points year-on-year, which is also a low level in recent years. At the same time of the year-on-year decline in the output value of new products, the gap with the growth rate of industrial output value has further widened. The growth rate of new product output in January-February was 8.72 percentage points lower than the total industrial output value in the same period. In the thirteen industries, there were seven industries that fell year-on-year. The major declines were: food packaging industry (-48.62%), cultural office industry (-37.90%), instrumentation industry (-15.96%), and automobiles. The industry (-15.09%) and other civil machinery industries (-11.93%) fell by more than 10% year-on-year.
4. The growth rate of export delivery value declined rapidly. From January to February, the export value of the whole industry was 145.355 billion yuan, a year-on-year decrease of 19.26%, and the growth rate dropped by 40.18 percentage points year-on-year. The growth rate declined rapidly. At the same time, the export delivery value accounted for the proportion of sales value (12.64%), also decreased by 3.68 percentage points. In terms of industries, the export delivery value of seven industries declined to varying degrees year-on-year. Only the agricultural machinery, internal combustion engines and heavy mining industries showed a slight increase year-on-year, with an increase of 1.61%, 3.70% and 5.45% respectively.
5. The production and sales rate of mechanical products decreased year-on-year. From January to February, the production and sales rate of machinery products in the whole industry was 96.50%, down 0.75 percentage points from the previous year (97.25%); it was also lower than the national industrial product sales rate (97.20%) 0.7 percentage points.
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