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Home > News > > Q1-Q3 export report of Jiaxing Fastener Market

Q1-Q3 export report of Jiaxing Fastener Market

By CFM , 2015-12-01 09:24:18

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In the former three quarters of 2015, Jiaxing exported fasteners with a total value of 0.678 Billion USD, 7.87% decreased comparing with that of the same period in last year. The export value of fasteners took 3.92 % of the total export value of Jiaxing City, leveling off that of the last year.

Four features existed in Jiaxing’s fastener export in former three quarters.

1. In the former three quarters, it showed a great decline of exporting fasteners to EU market. In the period concerned, Jiaxing exported 0.117 Billion USD to EU market, which took 17.29% of tht total fastener export, 22.88% decreased comparing with that of last year. 0.202 Billion USD of fasteners were exported to USA, taking 29.79% of the total. The export to USA was reported to increase by 1.23% over that of last year. Jiaxing exported a part of the fasteners to emerging markets, in particular, Russia. The export to Russia reached 0.074 Billion USD, taking 10.89% of the total export value, which was reported to decrease by 6.16% over that of last year.

2. The number of big fastener enterprises with export entitlement increased. In Q1-Q3, 511 fastener enterprises were reported to gain benefit from export, among which it was 50 enterprises increased. It is worth mentioning that 18 fastener enterprises exported over 10 Million USD to overseas markets. Totally, the top 50 fastener enterprises in Jiaxing exported with a value of 20.732 Million USD, taking 30.60% of the gross export and leveling off that of last year.

3. General Trade took a larger share. During the Q1-Q3, the gross value of general trade of fasteners reached 0.637 Billion USD, 8.56% dropped over the corresponding period in last year. It took 93.94% of the gross export of fasteners in Jiaxing, 1 percentage point decreased.

4. Entirely, the product price of fasteners dropped. Averagely, the export price of fasteners was 1,183 USD per ton, 8.1% dropped over the same period of last year. Th export of steel fasteners achieved a value of 0.671 Billion USD and a volume of 572,213 ton, with an average unit price of 1,173 USD per ton, 8.0% dropped over the same period of last year. The export unit price of fasteners in Brass and Aluminum were 9547 USD per ton and 4517 USD per ton respectively, 21.62% and 49.32% decreased comparing with that of same period in last year.

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