2013 Five Region Fastener Association Conference was successfully held on 19 June in Shanghai, China as the concurrent activity of 2013 Fastener Expo Shanghai. Mr. Thompson T.H.Chang, vice president of Taiwan Industrial Fastener Institute, introduced the general situation of Taiwan’s fastener industry in 2012.
Being affected by the European debt crisis, both the export volume and export value of Taiwan’s fasteners dropped in 2012. The export volume dropped by 2.99% to 1.379 million tons and the export value fell by 4.42% to USD $ 3.79 billion year-on-year. Even the unit price saw a decrease of 1.47% to 2.753 USD/kg. However, in the first quarter of 2013, the export volume returned to 340,000 tons; the export value went down 4.33% and the unit price went down 6.43% to 2.623 USD/kg for the fall of materials. (…)
via Taiwan’s fastener export dropped in 2012 due to European debt crisis.