Casting machinery refers to various equipment used for casting metal parts, including melting equipment, molding equipment, cleaning equipment, testing equipment, etc. Foundry machinery is an important equipment in the foundry industry and one of the basic processes in the manufacturing industry. The development level of foundry machinery directly affects the quality, cost and efficiency of castings, and then affects the development of equipment manufacturing industry and national economy.

In 2023, China's foundry machinery industry experienced the impact and recovery of the new coronary pneumonia epidemic, production basically maintained a growth trend, market demand has rebounded, but still faces increased competition in domestic and foreign markets, increased pressure on environmental protection, lack of technological innovation and other issues.

1. production aspect

According to data from the Shangpu Consulting Group, China's foundry machinery production in 2022 was 45000 units, an increase of 5.9 percent year-on-year. Among them, the output of die casting machines was 18000, up 7.8 percent year-on-year; the output of sand processing equipment was 12000, up 6.2 percent year-on-year; the output of cleaning equipment was 9000, up 4.5 percent year-on-year; and the output of other equipment was 6000, up 3.2 percent year-on-year.

according to champ consulting,Full Year of 2023China's foundry machinery production will continue to grow, is expected to reach.48000 units, up 6.7 percent year-on-year. The main reasons are the following:

（1) With the recovery of the domestic economy and the steady growth of industrial production, the demand for castings has rebounded, especially in the fields of automobiles, construction machinery, wind power, etc., the demand for high-performance, high-quality, high-value-added castings is large, driving the demand for corresponding casting machinery.

（2) With the continuous improvement of national environmental protection requirements, the traditional casting process and equipment with low efficiency, high energy consumption and high pollution will be phased out or transformed, while the new energy-saving, environmental protection and intelligent casting process and equipment will receive more attention and investment.

（3) With the gradual opening up and recovery of the international market, China's foundry machinery enterprises will have more export opportunities, especially in Southeast Asia, Africa and other emerging markets, China's foundry machinery has a strong price advantage and service advantage.

2. import and export

According to data from the Shangpu Consulting Group, China's total import and export of foundry machinery in 2022 was 0.56 billion billion US dollars, an increase of 8.4 percent year-on-year. Of this total, exports were US $0.39 billion, up 9.8 per cent year-on-year; imports were US $0.17 billion, up 5.6 per cent year-on-year; and the trade surplus was US $0.22 billion, up 12.8 per cent year-on-year.

according to champ consulting,Full Year of 2023China's total import and export of foundry machinery will continue to grow, is expected to reach0.61 billion, up 8.9 percent year-on-year. The main reasons are the following:

（1) With the recovery of domestic market demand, Chinese foundry machinery enterprises will increase the introduction and cooperation of foreign advanced technology and equipment to improve their product quality and competitiveness, and promote technological innovation and transformation and upgrading.

（2) With the opening and recovery of the international market, Chinese foundry machinery enterprises will increase the development and expansion of foreign markets to increase their market share and brand influence, and promote product diversification and differentiation.

（3) With the improvement and optimization of the international trade environment, Chinese foundry machinery enterprises will strengthen risk management and response to foreign markets in order to improve their own anti-risk ability and resilience, and promote trade balance and stability.

3. market structure

According to data from Shangpu Consulting Group, the size of China's foundry machinery market in 2022 was 12 billion billion yuan, an increase of 6.5 year-on-year. Among them, the market size of die casting machine was 4 billion billion yuan, up 7.5 percent year-on-year; the market size of sand treatment equipment was 3 billion billion yuan, up 6.8 percent year-on-year; the market size of cleaning equipment was 2.5 billion billion yuan, up 5.6 percent year-on-year; and the market size of other equipment was 2.5 billion billion yuan, up 5.2 percent year-on-year.

according to champ consulting,Full Year of 2023The size of China's foundry machinery market will continue to grow and is expected to reach12.8 billion yuan, up 6.7 year-on-year. The main reasons are the following:

（1) With the recovery of the domestic economy and the steady growth of industrial production, the demand for castings has rebounded, especially in the fields of automobiles, construction machinery, wind power, etc., the demand for high-performance, high-quality, high-value-added castings is large, driving the demand for corresponding casting machinery.

（2) With the continuous improvement of national environmental protection requirements, the traditional casting process and equipment with low efficiency, high energy consumption and high pollution will be phased out or transformed, while the new energy-saving, environmental protection and intelligent casting process and equipment will receive more attention and investment.

（3) With the gradual opening up and recovery of the international market, China's foundry machinery enterprises will have more export opportunities, especially in Southeast Asia, Africa and other emerging markets, China's foundry machinery has a strong price advantage and service advantage.

In terms of market structure,In 2023, China's foundry machinery market will continue to present the following characteristics:

（1) Die casting machine market dominates. Die casting is a kind of high efficiency, precision, energy saving and environmental protection casting process, which is widely used in automobile, motorcycle, electronic communication and other fields.

（2) The sand treatment equipment market is growing rapidly. Sand treatment equipment refers to the equipment used for the preparation and recovery of foundry sand, including molding sand equipment, core sand equipment, sand recovery equipment, etc. The quality and efficiency of sand processing equipment directly affect the quality and cost of castings, and are also important factors for environmental protection. As the country's environmental protection requirements continue to increase, energy-saving, environmentally friendly, and intelligent sand processing equipment will receive more attention and investment.

（3) The market demand for cleaning equipment is stable. Cleaning equipment refers to the equipment used to remove sand, oxide skin, burrs and other debris on the surface of castings, including shot blasting machine, sand blasting machine, polishing machine, etc. The role of cleaning equipment is to improve the surface quality and appearance of castings, and it is also an important factor for environmental protection. With the continuous improvement of national environmental protection requirements, low noise, low dust, low energy consumption cleaning equipment will receive more attention and investment.

（4) Other equipment market potential is greater. Other equipment refers to the casting machinery other than the above three types of equipment, including testing equipment, auxiliary equipment, special casting equipment, etc. The role of other equipment is to improve the performance and reliability of castings, and it is also an important direction of technological innovation. With the increasing demand for high-performance, high-quality, and high-value-added castings in domestic and foreign markets, other equipment will have more room and opportunities for development.

4. technical level

According to the data of Shangpu Consulting Group, the technical level of China's foundry machinery industry has generally improved in 2022, but there is still a certain gap with the international advanced level. Mainly in the following aspects:

（1) The product structure is unreasonable. The product structure of China's foundry machinery industry is dominated by low-end products, and high-end products account for a relatively low proportion. Especially in the field of die-casting machines, domestic die-casting machines are mainly concentrated in small and medium-sized specifications, while large and super-large specifications mainly rely on imports. In addition, the product structure of China's foundry machinery industry also lacks diversity and difference, which cannot meet the needs of different customers and markets.

（2) Lack of technological innovation. China's foundry machinery industry technology innovation ability is weak, mainly depends on the imitation and the introduction of foreign technology, the lack of independent intellectual property rights and core technology. Especially in the new process, new materials, new control systems, etc., there is a big gap between China's foundry machinery industry and the international advanced level.

（3) poor quality stability. China's foundry machinery industry has a low level of quality management, poor product quality stability, and prone to failure and damage. Especially in terms of key components and core components, there is a big gap between China's foundry machinery industry and the international advanced level.

（4) Low level of service. The service level of China's foundry machinery industry is low, the service scope is narrow, the service content is single, and the service efficiency is low. Especially in terms of after-sales service, there is a big gap between China's foundry machinery industry and the international advanced level.

5. development difficulties and opportunities

According to the data of Shangpu Consulting Group, China's foundry machinery industry will face the following major development difficulties and opportunities in 2023:

（1) Development difficulties: domestic and foreign market competition intensified. With the recovery of domestic and foreign market demand, China's foundry machinery industry will face more intense market competition. On the one hand, in the domestic market, the competition between domestic foundry machinery enterprises will be more intense, and the price war, quality war and service war will continue to escalate. On the other hand, in the international market, foreign foundry machinery companies will increase their offensive to the Chinese market, using their technical advantages, brand advantages, and service advantages to seize market share. At the same time, China's foundry machinery enterprises will also face emerging competitors from other countries and regions, such as India, Turkey, Thailand and so on.

（2) Development difficulties: environmental pressure increases. With the continuous improvement of national environmental protection requirements, China's foundry machinery industry will face greater environmental pressure. On the one hand, the state will strengthen the environmental supervision and law enforcement of the foundry industry, and strictly punish and eliminate the casting process and equipment that do not meet the environmental protection standards. On the other hand, the state will increase support and encouragement for energy-saving, environmentally friendly, and intelligent casting processes and equipment, and will give preferential policies and subsidies to casting processes and equipment that meet environmental protection standards.

（3) Development opportunities: strong demand for technological innovation. With the increasing demand for high-performance, high-quality and high-value-added castings in domestic and foreign markets, China's foundry machinery industry will face greater demand for technological innovation. On the one hand, the state will increase the investment and support of science and technology in the foundry industry, and provide more technological innovation platforms and resources for foundry machinery enterprises. On the other hand, foundry machinery enterprises will also increase investment and attention to technological innovation, in order to improve their product quality and competitiveness and continue to carry out technological innovation.

（4) Development prospects: emerging market space is broad. With the gradual opening and recovery of the international market, China's foundry machinery industry will face more emerging market space. On the one hand, emerging markets such as Southeast Asia and Africa have a large demand for castings, while their local foundry industry has a low level of development, providing greater export opportunities for Chinese foundry machinery companies. On the other hand, new energy vehicles, aerospace, medical equipment and other emerging fields have a greater demand for special castings, and their technical requirements are higher, providing greater innovation opportunities for Chinese foundry machinery companies.

To sum up,In 2023, China's foundry machinery industry will show the characteristics of output growth, import and export growth, market structure optimization, technical improvement, development difficulties and opportunities. Chinese foundry machinery enterprises should be based on their own actual situation and market changes, develop reasonable development strategies and objectives, strengthen technological innovation and brand building, improve product quality and service levels, expand domestic and foreign markets, respond to market competition and environmental pressure, seize Development opportunities to achieve sustainable development of the foundry machinery industry.