The hottest screw industry in Taiwan, China has re

  • Detail

The output value of screw industry in Taiwan, China, China has reached a new high

Taiwan enjoys the reputation of "screw kingdom" in the world and occupies a place in the global screw and nut supply market. This year, due to the continuation of the momentum of economic recovery, export orders are booming. From January to June, the output value of screw and nut reached 69.5 billion yuan, with an annual increase of 15%. It is estimated that the main business income of industries above the provincial level this year is 11.3 trillion yuan, and the annual output value is expected to exceed 140 billion yuan, Set a new record

according to the industrial economic statistics released by the Ministry of economic affairs, the output value of screws and nuts in Taiwan, China, China, hit a record high of 129.7 billion yuan in 2014. In 2015 and 2016, due to the wide source of all starch based plastics, low prices, the slowdown of the renewable Global economy, the conservative investment of enterprises, coupled with fierce international competition and low-cost orders, the output value decreased slightly for two consecutive years. In 2017, thanks to the economic recovery and the rising price of international raw materials, the output value increased to 126.9 billion yuan, It is estimated that the export of screws and nuts will hit another record high this year

Taiwan's screws and nuts are export-oriented, and the direct export ratio accounts for more than 80%. In 2017, thanks to the accelerated recovery of the boom in major export regions, coupled with the rise in steel prices, the export value was $4.09 billion, climbing to the highest peak in history. This year, export orders continued to flourish. heating furnace 1) adopt split heating furnace, and screw products in Taiwan market are actively developing towards high value, developing aerospace, automotive and medical applications, The average unit price of exports increased, with the monthly export value of US $3.08 billion, an annual increase of 16.6%. It is estimated that the annual export value is expected to exceed US $4.5 billion, setting a new record

the Statistics Department of the Ministry of economic affairs pointed out that the United States is the main export market of Taiwan, China, and its exports to Taiwan this month were US $1.15 billion, accounting for 37.3%; Exports to Germany reached US $300 million, accounting for 9.9%, ranking second; Exports to the Netherlands and Japan account for more than 5% each; Exports to the UK, Canada and Chinese Mainland each accounted for more than 3%, and the top seven accounted for 68.7% of the support for the utilization and development of high-yield composite production technology. In terms of the annual growth rate of export value, except for the 6.7% increase in Chinese Mainland and 1.4% increase in the UK, the rest have double-digit growth

Taiwan has the highest market share in the import market of screws and nuts in the United States and the European Union. In terms of the market share of Taiwan, China in the import market of screws and nuts in the United States, Taiwan, China ranked first with 32.0%, followed by Chinese Mainland with 25.8%, and Japan with 11.5%. In the EU import market, Taiwan, China, China, accounting for 25.4%, ranks first, followed by Chinese Mainland, accounting for 19.4%. In 2017, it surpassed the United States, and the United States, accounting for 13.2%, retreated to the third place

Copyright © 2011 JIN SHI