The growth rate of the agricultural machinery industry is expected to reach 20% in 2012 and the output value will exceed 320 billion yuan

The reporter recently learned from the China Agricultural Machinery Industry Association that according to preliminary estimates of the association, the growth rate of the agricultural machinery industry in 2012 will reach about 20%, and the total output value will exceed 320 billion yuan.

According to the association’s sources, in 2011, although the overall growth rate of China’s industry was down from the previous quarter, the total output value of enterprises above the scale of agricultural machinery still maintained rapid and steady growth.

According to the data from the association, the total output value of the agricultural machinery industry was 262.4 billion yuan in November last year, an increase of 34.4% year-on-year, an increase of 8.8 percentage points over the national machinery industry. The person estimates that the total output value of the agricultural machinery industry in 2011 could reach 290 billion yuan.

According to reports, there are currently many favorable factors in the agricultural machinery market. In 2012, the agricultural machinery industry will have a good performance.

First of all, farmers have a good income from growing grain, have a high degree of enthusiasm for growing grain, and have high enthusiasm for investing in agricultural machinery and equipment. The just-concluded National Conference on Agricultural Mechanization proposed that the national level of comprehensive mechanization for farming this year should increase by 2 percentage points over the same period last year, reaching 56% or more, and the mechanization level for rice planting and corn harvest should exceed 28% and 38%, respectively.

Second, the shortage of structural labor in rural areas and the sharp increase in labor costs have made the advantages of agricultural mechanization more and more obvious. Many local laborers have higher operating costs than the cost of mechanized operations, and have increased the demand for agricultural machinery and equipment.

At the same time, with the transformation of agricultural development methods and the accelerating integration of agricultural technologies, agricultural machinery cooperatives have become a force for agricultural production and have achieved rapid development. Following the cross-regional harvest of wheat, the cross-regional harvest of corn began to form, which promoted the market.

More importantly, the state's support for agricultural machinery companies will continue to increase. In addition to the further improvement of the procurement subsidy work, in June 2011, the Ministry of Industry and Information Technology introduced a new standard for SMEs and a number of financial and fiscal policies that support the development of SMEs. These support policies will certainly benefit the small-scale agricultural machinery industry. Micro-enterprise.

Based on the above reasons, the Agricultural Machinery Association expects that the total output value of the agricultural machinery industry will exceed 320 billion, and the industry added value will increase by about 20% year-on-year. Among the main products, the medium and large horsepower tractors broke through 400,000 sets, and the corn harvester will have a substantial increase of around 30%, while other combine harvesters will not increase much.