(Photo from Fastener Fair Turkey)

The 4th International Exhibition for Fastener and Fixing Technology took place in Turkey at the IFM - Istanbul Expo Centre on 1-2-3 March 2018. For the first time, the show was held on three days including Saturday 3 March. Reporter of Chinafastener.com came to the event with the latest issue of ChinaFastener Magazine which attracted plenty of professional buyers to get the magazine together with our specially-designed bag.

Booth of Chinafastener.com

Based on our reporter, more than 190 exhibiting companies from Turkey, France, Germany, Italy, Spain, the Netherlands, the UK, Israel, India, Japan, Korea, USA, China and Taiwan were present at the show. A total of 20 Chinese companies displayed their products at the exhibition, most of which produce fastener machines, rivet nut, and molds, including Shenzhen Manjun, Wenzhou Jinsheng, Foshan Kuiloon, Foshan Sailuk, Foshan Guangqingchang, ect.

Shenzhen Manjun

Foshan Sailuk

Foshan Guangqingchang

Foshan Kuiloon

Wenzhou Jinsheng

Changde Bolt

Harbin Rainbow

Handan Xingbang

Hebei FUAO

Zhejiang Chuanglian

China Former

Wenzhou Zhanbang

Haining R-BEST

BBI China

A notable feature of this edition is the high number of companies exhibiting for the first time. 74 companies were making their first appearance at the show.

Many well-known machine manufacturers from China, Italy, Germany, Turkey, South Korea, Taiwan and other countries were brought together to the fair, such as Sacma, Hyodong, Videx, Yeswin, Accuvision Technology, and so on.

Sijin

Accuvision

Sacma

Ching Chan

Hyodong

Other Machines suppliers

Besides machines, there were various end-products exhibited at the expo, like rivets, rivet nuts, anchor bolts, etc. Many famous Turkish fastener suppliers appeared at the exhibition, such as Norm, Topbsas Group, Promsis, SA-PA Group, RM, etc.

Our reporter said that, Turkish fastener companies are mainly located in Istanbul and Izmir, specialized in producing medium to low end products while they imported high-end fasteners from Europe. Many Turkish fastener suppliers purchased their machines from China to produce their product thus some Chinese machine suppliers came to the show.

The exhibition attracted numerous professional distributors and end users, mainly from Turkey and the surrounding countries with clear procurement targets. Many Chinese companies were visiting the show to known more about the market. Most of the buyers claimed that the product price was a key factor to consider. If the price is not nice, they will not consider to purchase the product.

What's more, Turkey levies tariffs on fasteners imported from other countries. Most of the Turkish local suppliers are producing carbon steel fasteners with low price, therefore Chinese carton steel fasteners do not have price advantages in Turkey together with high tariffs. However, due to high price of stainless steel in Turkey, Turkey's stainless steel fasteners mainly depend on imports, thus the market is worth developing.

Based on the data of China customs, in 2017, China exported near 23.22 million kg fasteners to Turkey, valued at about 3.97 million US dollar, while China imported near 3.16 million kg fasteners from Turkey, valued at 17.39 million US dollar. The data reflects that the average price of fasteners China exported to Turkey is much lower than the average price of fastener Turkey exported to China. Therefore, it's difficult for Chinese fastener companies to develop Turkey market by means of low price. Chinese companies should improve the addded value of their products and focus on high-end fasteners.