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Home->Fastener News->Taiwan Fastener Exports Show Positive Growth in Fi...You are the 682373 visitors
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Taiwan Fastener Exports Show Positive Growth in First Four Months

Fastener Exports to USA Grow 10.6%

Taiwan exported 57,139 tons of fasteners to the USA this April, up 8.33% from the corresponding period last year. Compared to the export this March?62,377 tons?, though it dropped by 8.4%, the average price this April still reached 2.77 USD/KG, not only up 0.5% from March, but also up 1.26% from the corresponding period last year. In the first 4 months of 2019, Taiwan exported 236,377 tons of fasteners to the USA in total, up 10.2% from the corresponding period last year. The average price reached 2.73 USD/KG, up 0.32% from the corresponding period last year. Both the export volume and the export price show an increase.

In 2018, Taiwan exported 698,155 tons of fasteners to the USA, up 7.12% from the corresponding period in 2017, and the average price was 2.738 USD/KG, up 7.7%. In terms of the export value, in 2018 Taiwan exported USD 1.91147 billion worth of fasteners to the USA, up 15.36% from the previous year, hitting a new record in its history.

Fastener Exports to Europe Rebounds 

Although Taiwan’s fastener export to the EU dropped in Q1 2019, it bounced back to a positive growth in April. Take its export to Germany in April for example, the amount reached 12,541 tons, up 8.76% from the corresponding period last year, followed by the UK (5,086 tons, up 14.8%), France (2,604 tons, up 42.8%), and Spain (2,120 tons, up 12.5%). The cumulative export to the UK in the first 4 months reached 20,141 tons, up 10.6% from the corresponding period, which can be mainly attributed to the lower export amount in the corresponding period last year. On the other hand, the most significant drop was seen in Taiwan’s export to Italy, down 13.04%.

Compared to the corresponding period last year, countries showing the declining import from Taiwan in the first 4 months of 2019 are Poland (11,282 tons, down 1.91%), France (9,191 tons, down 3.09%), Spain (8,074 tons, down 6.1%), Belgium (6,057 tons, down 10.5%). In conclusion, Taiwan’s export to the EU in April 2019 bounced back to a positive growth, but if viewed from the cumulative 4 months in 2019, its export was still trending downward.

www.chinaFastener.info

2019/7/22 16:13:00

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