The single digit growth of the agricultural machinery industry may become the new normal

[ China Agricultural Machinery Industry News ] On March 23, China Agricultural Mechanization Association released the "2016 China Agricultural Mechanization Development White Paper" at the National Agricultural Machinery and Parts Exhibition. Wang Tianchen, Secretary General of China Agricultural Mechanization Association, introduced the preparation of the white paper and related content.

The single digit growth of the agricultural machinery industry may become the new normal
On the whole, the number of agricultural machinery continued to increase, the level of agricultural machinery was further improved, the growth rate of agricultural machinery industry further declined, and the environment of agricultural machinery market changed profoundly. The effect of “three-phase superposition of macroeconomics” appeared in the agricultural machinery equipment manufacturing and circulation industry. The rapid decline, the purchasing intention and purchasing power of agricultural business entities remained low, and the industry as a whole entered a low tide curve. It is expected that the annual growth rate will be around 7%. In the next period, single digit growth may become the new normal."
In 2016, the total power of agricultural machinery increased by 2.4% to 1.144 billion kilowatts. The growth of large and medium-sized tractors, combine harvesters, rice transplanters and dryers reached 7.4%, 8.2%, 6.0% and 19.5% respectively. 180,000 sets of green environmental protection machines such as Tiantian, solid-liquid separation and residual film recycling, and the equipment structure continued to be optimized. The comprehensive mechanization level of the main crops in China is expected to reach 65%-66%, which is 2-3 percentage points higher than the end of the 12th Five-Year Plan.
In 2016, the agricultural machinery and equipment manufacturing industry actively responded to the new requirements for the upgrading of emission standards, and the multi-cylinder diesel engine was successfully converted from China to China. The output of major agricultural machinery products has risen and fallen, and tractors and harvesters continue to decline. According to the statistics of the National Bureau of Statistics, 62,979 large tractors were produced, down 18.92%; 566,914 units were produced, down 6.59%; 1355,299 small hauls were produced, down 2.85; 95,033 corn harvesters were produced, down 24.17%, piggyback The corn machine basically exited the market; the output of feed harvesting machinery increased by 5.02%. The gross income of the main business of agricultural machinery enterprises above designated size was 451.639 billion yuan, an increase of 5.8% over the same period of the previous year. The growth rate further declined, which was 1.64 percentage points lower than the growth rate of the national machinery industry. The growth rate of income and profit showed a weak situation. The agricultural machinery enterprises above designated size achieved a total profit of 25.524 billion yuan, an increase of only 1.39%, which was 4.15 percentage points lower than the growth rate of the national machinery industry. It reached a trough in the past decade and achieved a record low in the past decade.
In 2016, investment in agricultural machinery enterprises continued to decline. The agricultural machinery industry completed fixed assets investment of 157.109 billion yuan, a year-on-year increase of only 2.44%, much lower than in previous years. The state budget invested 977 million yuan, an increase of 51.37% over the same period of last year. The government's financial support for the agricultural machinery industry continued to grow. In 2016, the National Development and Reform Commission gave greater support to power shift tractors, cotton pickers, and high moisture content corn kernel harvesters.
In 2016, the agricultural machinery market environment continued to undergo profound changes. The number of agricultural machinery users dropped from 3.61 million in 2012 to 2.14 million in 2016. The number of agricultural machinery consumption dropped from 6.12 million sets in 2013 to 281 in 2016. The unit price of agricultural machinery products increased from the low value of 6,800 yuan/set in 2013 to 28,000 yuan/set in 2016; 20% of the new agricultural business entities consumed 60% of agricultural machinery products, and agricultural machinery users have generally used intelligence. Phone, get information at any time. In 2016, the agricultural machinery market in some regions was sluggish and sales were not strong; sales of corn harvesters and other products fell sharply.

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