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Japan's Fastener Export Shows Recovery in 2021
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2022-02-15
Ministry of Finance (Japan) released the export figures of bolts, nuts and other fasteners for 2021. The export volume for the 12 months of 2021 was 343.411 thousand tons, up 23.9% from 2020; the export value was JPY 320.876 billion, up 26.3%. The export volume and price both returned to the level before the pandemic outbreak, revealing an upward trend.
The fastener price index ramped up in 2021 compared to 2020. According to Bank of Japan, in average price index, the growth rates were 79% for iron ore, 61% for copper, 39% for nickel, 2% for bolts and nuts, and 3% for screws. Around half of the items have shown increased price indexes recently.
Japan
fastener export
recovery
2021
日本
扣件出口
復甦
