Good prospects for the agricultural machinery industry

Last year, China’s grain production reached a new level of 1,100 billion kilograms, and achieved gratifying achievements for consecutive “eight years” increase. Among these, agricultural machinery contributed. In 2011, the comprehensive mechanization level of “cultivation and harvesting” in China reached 54.5%, an increase of 22% from eight years ago. The effective development of agricultural machinery has effectively relieved the contradiction of the structural shortage of agricultural labor and played an irreplaceable role in stabilizing the sown area of ​​grain and increasing grain output.

In recent years, the agricultural machinery industry has shown a good momentum of rapid and healthy development driven by factors such as the increase in farmers' income, the support of state policies, and the higher prices of agricultural products. In 2009, the agricultural machinery industry completed a total industrial output value of 226.455 billion yuan, an increase of 18.78% over the previous year. In 2010, the agricultural machinery industry completed a total industrial output value of 28.838 billion yuan, a year-on-year increase of 25.33%. In 2011, the gross industrial output value of the agricultural machinery industry reached 289.8 billion yuan.

The analyst of Shangpu consulting machinery industry believes that the fundamental way of agriculture lies in science and technology, and the progress of agricultural science and technology needs to be realized by agricultural machinery. Agricultural machinery has become an important part of agricultural science and technology innovation.

Today, the population of South China cities exceeds the rural population and the urbanization level exceeds 50%. According to the survey, more than half of the people born after the 70s did not farm in the farm or would not return to farming in the countryside; more than 95% of people born after the 1980s did not farm in the countryside or return to farming, and people born after the 1990s It will not even return to rural farming. The Soviet Union that is now engaged in production in rural areas is mainly part of the population over the age of 40 and the majority of women. The loss of labor force in rural areas is a serious problem. As the quality of agricultural products enters the city, the aging of the farmers, the trend of women is remarkable, and it is urgent to increase the efficiency of agricultural production. The outlook for agricultural machinery industry is promising. On the other hand, China has entered a new stage of development in the form of industry-promoting agriculture and city-to-township in general. Agricultural development is a top priority and accelerating the development of the agricultural machinery industry on a conditional basis.

According to the “2010-2013 China Agricultural Machinery Market Research Report” issued by Champion Consulting, the compound growth rate of agricultural machinery in China has reached 21% in the past five years. The industry has entered a period of rapid development and is expected to grow at an average annual rate over the next five years. Up to 15%-20%.