From January To November 2023, China's Taiwan Fastener Exports Decreased By 25%

According to the recent statistics of the Screw association, the export volume of fasteners in Taiwan from January to November this year was about 1.1 million tons, a year-on-year decrease of 25%. From January to October 2023, Taiwan's fastener exports were 1.065 million tons, down 25.47%, and the average export price per kilogram was $3.76, down 0.79% year-on-year. Exports improved in November, falling 16.3 per cent from a year earlier. In the first October, the top five destinations for Taiwan's fastener exports were the United States (489,000 tons, down 24.9%, accounting for 45.90%), Germany (86,000 tons, down 31.66%, accounting for 8.09%), the Netherlands (72,000 tons, down 9.97%, accounting for 6.82%), Japan (43,000 tons, down 27.48%, 4.07%) and Canada (31,000 tons, down 32.92%, accounting for 2.99%). Taiwan's fastener exports to the top five destinations have apparently fallen sharply.