Taiwan's fasteners export momentum in the first half of the good

According to the data provided by the Metal Industry Research and Development Center, driven by global rigid demand, Taiwan's fastener export volume reached NT$30.2 billion in the second quarter, an increase of 14% over the first quarter, and exceeded 30 billion per quarter for the first time. Export goals.

In the first half of the year, the United States was the largest importer of fasteners in Taiwan, accounting for 34%, followed by Germany, the Netherlands, Japan and the United Kingdom, which accounted for 10%, 6%, 6% and 4%, respectively. Among them, the average unit price of fasteners exported to Japan is the highest among these five countries, which is TWD 93.4/kg.

On the other hand, Japan, the United States, China, Germany, and South Korea are the top five suppliers of fasteners in Taiwan, accounting for 53%, 10%, 7%, 7%, and 5% respectively in the first half of the year.

The report of the Metal Industry Research and Development Center pointed out that with the economic growth driven by exports, the total output value of Taiwan's fastener industry has also increased to 32.5 billion Taiwan dollars, of which exports accounted for 93%, reaching 30.2 billion Taiwan dollars. In the second quarter, local fastener market demand increased by 10% in the quarter to NT$3.3 billion.

Taiwan’s fastener industry completed a total production value of 61 billion Taiwan dollars in the first half of the year, with exports and imports reaching 5,670 million Taiwan dollars and 2,1 billion Taiwan dollars, up 20% and 12% respectively. At the same time, local fastener market demand increased by 17% to NT$6.4 billion.