Taiwan’s Fastener Export to Italy May Drop Due to the Pandemic
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In the first two months of 2020, Taiwan exported 5,424 tons of fasteners to Italy, down 4.01% from the same period last year. If to view by month, Taiwan exported 2,992 tons of fasteners to Italy this January and exported 2,432 tons this February (down 18.7% from this January). The average price per KG in February was USD 2.63, down 2.38% from this January, but still up 4.47% from the same period last year. Although the pandemic curve of Italy has been gradually flattened, it may still be difficult for Taiwanese exporters to recover their lost sales volumes in Italy in a short time.