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Taiwanese Fasteners Exhibit Signs of Regaining Competitiveness As Pressure Weighs on China
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2024-10-29
Taiwan's fastener export weight and price have dropped as a result of China's export of low-price fasteners, but recently there have been signs of recovery. According to Taiwan Customs' statistics, Taiwan exported 101,000 tons of fasteners in September, down 19.4% from 127,000 tons in August but a slight increase from less than 100,000 tons in the same month last year. The U.S., accounting for 46% of Taiwanese fastener exports, is the largest destination for Taiwanese fasteners. The total weight of Taiwanese fasteners exported to the U.S. in September was 47,000 tons, a slight decrease of 0.31% compared with the same month last year; exports to the 27 EU countries and UK amounted to 31,862 tons, an annual increase of 14.10%; however, exports to ASEAN decreased by 10.89% annually.
China previously leveraged its low-price products to solicit orders, but as the U.S. imposed a 25% high tax rate on Chinese steel and aluminum, China greatly reduced the amount of exports to the U.S. In September, Chinese fastener exports to the U.S. dropped 16.17%. Compared to its exports to the EU which increased 17.74% and its exports to ASEAN which increased 4.7%, Chinese exports to the U.S. appear weak. However, Taiwan's current fastener export unit price, at USD 3.53/kg, is still nearly twice as expensive as China's, at USD 1.9/kg. Although China exports a higher volume of fasteners over Taiwan, more and more countries are seeking actions against Chinese low-priced steel products. According to sources, Indonesian steelmakers are vigorously asking their government to take action on China's dumping of low-price steel products. China's low-price fasteners will still face considerable challenges in the future.
中國螺絲扣件
低價傾銷
台製造廠
競爭力
鋼材
美國
歐盟
英國
東協
Chinese fasteners
low-price products
dumping
Taiwanese manufacturers
competitiveness
steels
USA
EU
ASEAN
UK
德國杜塞道夫線材展，扣件，國際展會 ，惠達雜誌，匯達實業，外銷媒合，廣告刊登，螺絲五金，五金工具，紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
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