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Taiwan’s Fastener Export in Q1-3 2021 Shows Growth in Prices and Volumes
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     For Taiwanese fastener and steel nail industry, 2021 is a year that reveals a significant rise in export volume, price, and avg. price. Compared to the depression in 2020 caused by the pandemic, the global manufacturing is making effort to place more orders to overseas suppliers in order to make up for the previous supply shortages and production disruption. Some of them are even willing to pay higher costs for competing with competitors to enter the priority delivery list. 
     The recovering demand in leading industries like automobile, construction, sea freight, and electronics has simultaneously heightened the demand and pricing for fasteners and relevant fixings. Many experts also forecast that such a strong growth is very likely to continue through mid-2021. Furthermore, some Taiwanese suppliers also released their latest financial reports with very optimistic expectations. The current situation is almost a seller’s market, which means who controls and gets material sources will get more opportunities to expand the global market share……(Click on the link below to read full article)
Taiwan fastener export
growth in volume and price
Q1-3 2021
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