Taiwan’s Fastener Export in Q1 2018 Reaches New High

According to the statistics of Taiwan Customs, in March 2018 Taiwan exported 143,604 tons of fasteners, which is much more than the export volumes in Jan. and Feb. this year and is the 3rd highest record in the history of Taiwanese fastener industry. The average export price in March reached USD 2.889 per KG, which is also the highest record in a single month. If viewed by quarter, Taiwan exported 403,178 tons of fasteners in Q1 2018 and the average export price reached USD 2.864 per KG, which is also the highest record in a single quarter. Considering the current market development and trend of Taiwanese fastener industry, many Taiwanese fastener companies have confidence in the possibility of reaching another new high in the future.