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Industry Activities
Exclusive Report- Market Survey of the Fastener Industry
Taiwanese Companies’ Viewpoints: 50% not optimistic, 40% fair
Taiwanese Companies’ Viewpoints: 50% not optimistic, 40% fair
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2011-12-14
Recovering from the financial crisis at the end of 2008, the spring for the fastener industry seems approaching. However, under the influence of the European credit crisis and the slow recovery of U.S. economy, the global economies are changing drastically, which drags down the growing power of the global economy and adds uncertainty to the future. Therefore, at the end of 2011 and before the beginning of 2012, we made a survey of the fastener industry in 2012 in order to understand their viewpoints for the reference of our readers.
The result of the survey shows nearly 60% of respondents reported growth in their export in 2011 and most of them reported about 10% increase; as for unit prices of exported products, 54% reported growing trend over last year and the causes were growing raw material cost and the fluctuation of exchange rates; in addition, 46% reported the unit price remained the same and the cause was due to fierce competition and limited price increasing margin.
The result also shows 51% of respondents hold pessimistic consideration to the market in 2012, 42% thinks the condition won’t change a lot as 2011, and only 7% are optimistic. In the question of “Which region do you consider the most potential market for your company?”, the top 4 regions are Central & South America (17%), EU(16%), east Europe(14%), and North America(13%).
Industry Activities
2011-12-29
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