"我们这次带来了20家越南采购商，他们的采购需求涵盖包装材料、自动化生产线、农业机械、AI机器 人等，期待与大家见面。"1月8日—9日，"粤链全球，工赋四海"全球采供对接会在广州举办，越南工商 会胡志明市分会国际副主任何玉征（Ho Ngoc Vinh）在现场热情邀约："希望在这里找到长期合作的供 应商。" 作为广东省2026年"粤贸全球"系列活动的开年首秀，本次对接会汇聚了来自越南、印尼、巴西等地的超 百名国际采购商及780家中国外贸企业，拉开了新年广东外贸冲刺"开门红"的序幕。 现场，带着明确采购清单的采购商们与中国供应商面对面洽谈，这场高效对接会，不仅关乎即时订单， 更意在为外贸企业铺设全年乃至更长期的合作通道。 "巴西工业市场规模达750亿美元每年，进口依赖度高达46%，其中中国以31.5%的份额稳居第一进口来 源国。"巴西工业机械进口商协会首席执行官Paulo从宏观分析的角度为现场企业家提供了"采购指 南"，"包装机械、农业设备等领域需求持续旺盛，我认为2026年是中国企业深耕巴西的'黄金机遇期'"。 对来粤的国际采购商而言，对接会收获并不止于订单合作，也是汲取新知的过程。越南采购商Nguyen Tr ...

近一年中国包装机械出口情况统计图 数据来源：中国海关，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 近一年中国包装机械进口情况统计图 数据来源：中国海关，智研咨询整理 相关报告：智研咨询发布的《2026-2032年中国包装机械行业运营现状及发展趋向分析报告》 根据中国海关数据显示：2025年11月中国包装机械进口数量为0.15万台，同比下降11.8%，进口金额为 0.75亿美元，同比下降18.7%，2025年11月中国包装机械出口数量为351万台，同比增长66.8%，出口金 额为4.99亿美元，同比增长15.2%。 ...

投资要点 推荐逻辑：1）截至2025年11月我国包装机械出口均价不足200美元/台，而进口均价高达3.63万美元/ 台，价格差距明显，随着我国推进国产替代和走向高端化，公司作为细分行业龙头有望直接受益：2） 公司在液体包装设备制造已深耕近三十年，产品整体技术处于国内领先水平，并已经出口到多个国家： 3）公司目前手头订单充足，预计将从2025年开始持续放量，对公司形成业绩支撑。 盈利预测与投资建议。预计公司2025/26/27年营收分别为18.7、222、24.4亿元，归母净利润分别为1.3、 2.0、23亿元，EPS分别为0.64、0.99、1.16元，对应PE分别为23、15、13倍。我们给予公司2026年20倍 PE，对应目标价19.8元，首次覆盖，给予"买入"评级。 风险提示：原材料价格波动风险、市场竞争风险、供应链风险等。 包装机械制造市场国产替代趋势明显，下游消费复苏和升级助力可持续发展。 截至2025年11月，我国的包装专用设备产量已达175.55万台，同时我国包装专用设备逐渐突破国际垄 断，走向越南、印尼等新兴国家市场。国内厂商在性价比方面具备竞争力，占据中低端市场，但高端市 场仍被国际品牌垄断 ...

数据来源：中国海关，智研咨询整理 近一年中国包装机械出口情况统计图 数据来源：中国海关，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 相关报告：智研咨询发布的《2025-2031年中国包装机械行业运营现状及发展趋向分析报告》 根据中国海关数据显示：2025年10月中国包装机械进口数量为0.19万台，同比下降38.1%，进口金额为 0.79亿美元，同比下降17.6%，2025年10月中国包装机械出口数量为296万台，同比增长1.9%，出口金额 为4.37亿美元，同比增长11%。 近一年中国包装机械进口情况统计图 ...

由杜塞尔多夫展览(上海)有限公司和雅式展览服务有限公司共同主办的包装世界(上海)博览会(Shanghai World of Packaging，以下简称"swop")于2025年11月25日至27日在上海新国际博览中心盛大召开。 今年，swop包装世界(上海)博览会迎来十周年重要里程碑。自2015年创办以来，swop从稳步积淀到如今 一年一度的国际盛会，展会始终秉持与时代并进、与产业共振的理念，与全球包装行业同行。swop持 续推陈出新，展示众多创新包装产品与技术，深耕食品、饮品、甜点、烘焙、医药、日化、非食品消费 品及工业产品八大终端领域，紧跟行业前沿动态。 本届swop聚焦在人工智能与数字化包装、可持续材料与循环设计、轻量化与个性化解决方案等重点包 装领域，系统展示了从包装机械、材料创新、包装制品、标签印刷到包装设计的一站式产业链成果。 2025展会规模再创新高，展览面积突破70,000平方米，汇聚了950余家来自全球的优质展商，包括来自 德国、意大利、奥地利、法国、土耳其、瑞士、日本、韩国等地的国际展团，展期三天预计将吸引 40,000多名海内外专业观众及买家齐聚上海。 启航全球包装新未来：从2026年 ...

Core Insights - In September 2025, China's packaging machinery imports amounted to 1,800 units, reflecting a year-on-year increase of 8.4%, while the import value was $70 million, showing a significant decline of 31.9% [1] - Conversely, the export figures for the same month indicated that China exported 2.37 million units of packaging machinery, which is a year-on-year increase of 24.4%, with an export value of $471 million, marking a growth of 27.6% [1] Import Analysis - The number of packaging machinery imports in September 2025 reached 1,800 units, which is an increase of 8.4% compared to the previous year [1] - The total import value for the same period was $70 million, which represents a substantial decrease of 31.9% year-on-year [1] Export Analysis - In September 2025, the export volume of packaging machinery was 2.37 million units, indicating a robust year-on-year growth of 24.4% [1] - The export value for this period was $471 million, reflecting a year-on-year increase of 27.6% [1]

Core Insights - In August 2025, China's packaging machinery imports reached 0.22 million units, marking a year-on-year increase of 61.1%, while the import value was $7.2 million, reflecting a year-on-year decrease of 25.9% [1] - In the same month, China's packaging machinery exports totaled 3.03 million units, representing a year-on-year growth of 34%, with an export value of $48.8 million, which is a year-on-year increase of 22.9% [1] Import Analysis - The significant increase in import quantity (61.1%) indicates a rising demand for packaging machinery in China [1] - The decline in import value (-25.9%) suggests a potential decrease in the average price of imported machinery or a shift towards lower-cost options [1] Export Analysis - The growth in export quantity (34%) and value (22.9%) indicates a robust performance of China's packaging machinery in international markets [1] - The increase in export value alongside the rise in quantity suggests that the industry is not only expanding its market reach but also potentially improving its pricing strategy [1]

Core Insights - The 113th National Sugar and Wine Commodity Fair aims to expand trade not only domestically but also internationally, with online export matchmaking sessions held with clients from Serbia, Indonesia, and Turkey [2][3]. Group 1: Export Matchmaking Sessions - Three export matchmaking sessions were organized during the fair, focusing on Serbian condiments, Indonesian snacks, and Turkish food processing machinery, with participation from several Chinese companies and foreign representatives [3]. - The sessions involved Chinese companies presenting their products, followed by inquiries and feedback from overseas buyers, indicating significant market potential for Chinese products in these regions [3][5]. Group 2: Market Potential - The Serbian market for Chinese food is currently estimated at around $500,000 annually, with significant growth potential as the number of Chinese restaurants has surged from a few to over 500 in a short period [3][7]. - Indonesia, with a population of 280 million, is experiencing rapid growth in the snack market, transitioning from basic needs to diversified, quality, and health-oriented products, which aligns with the strengths of Chinese companies [5][7]. - Turkish representatives expressed strong interest in Chinese food processing machinery, highlighting the competitive pricing and performance advantages of these products compared to European counterparts [5][7]. Group 3: Localization Challenges - Chinese companies face challenges in localizing their products to meet the taste preferences of foreign markets, such as adapting flavors for Serbian and Indonesian consumers [7][8]. - In Indonesia, specific certifications are required for food products, including a food circulation license and halal certification, which are crucial for market entry [8]. - Despite the advantages of Chinese food processing machinery in Turkey, companies must still navigate certification processes and enhance brand recognition to improve competitiveness [8].

Core Insights - Zhangjiagang's foreign trade import and export total reached 183.26 billion yuan in the first eight months of the year, with exports of 104.37 billion yuan, marking a year-on-year growth of 10.1% [1] - The ASEAN region remains Zhangjiagang's largest trading partner, with a total trade value of 30.58 billion yuan, a year-on-year increase of 19%, accounting for 16.7% of the total foreign trade [1] - The export of traditional industries is adapting to new trends, with "new three categories" showing vitality, including clothing, furniture, and home appliances, as well as electric vehicles, lithium batteries, and photovoltaic products [1] Trade Structure - The export of clothing and accessories reached 12.36 billion yuan, accounting for 11.8% of the total export value, with a year-on-year growth of 0.6% [1] - Furniture and home appliance exports grew by 11.6% and 22.9%, respectively, demonstrating the sustained vitality of traditional manufacturing [1] - The "new three categories" collectively exported 8.37 billion yuan, accounting for 8% of total exports, with a year-on-year growth of 3.7%, becoming a new driving force for exports [1] Key Product Categories - The export of electromechanical products maintained a high growth rate, totaling 33.84 billion yuan, a growth of 17.3%, representing 32.4% of the total export value [2] - Specific categories such as electrical equipment, general machinery, and packaging machinery saw significant growth, with export values of 1.84 billion yuan, 1.12 billion yuan, and 1.03 billion yuan, respectively, with year-on-year growth rates of 39.3%, 46.3%, and 42.8% [2]

Core Insights - Zhangjiagang's foreign trade import and export scale reached 156.94 billion yuan in the first seven months of the year, with exports amounting to 89.84 billion yuan, reflecting a year-on-year growth of 10.2% [1] Trade Partners - ASEAN remains the largest trading partner of Zhangjiagang, with a total trade value of 25.69 billion yuan, marking a year-on-year increase of 16%, accounting for 16.4% of the total trade [1] - Exports to ASEAN reached 18.81 billion yuan, up 19.5%, while imports were 6.88 billion yuan, growing by 7.3% [1] - Trade with Belt and Road countries totaled 88.29 billion yuan, showing a year-on-year growth of 6.6% [1] Product Categories - Major export products such as electromechanical products, textiles, and steel maintained double-digit growth [1] - Exports of electromechanical products amounted to 28.96 billion yuan, increasing by 16.8%, representing 32.2% of the total export value [1] - Specific product exports included general machinery (0.99 billion yuan, +50.3%), packaging machinery (0.88 billion yuan, +39.9%), and lithium-ion batteries (0.70 billion yuan, +206.5%) [1] - Textile yarns, fabrics, and related products exported totaled 15.39 billion yuan, with a growth of 10% [1] - Exports of steel, clothing, and electric passenger vehicles were 13.6 billion yuan, 10.28 billion yuan, and 6.29 billion yuan, reflecting year-on-year growth of 13.4%, 4.1%, and 2% respectively [1]