The fastener industry is a traditional manufacturing industry. Due to the division of labor in manufacturing in advanced countries, such as the United States, Germany, Japan, and the United Kingdom, Taiwan and other Asian countries are still the main production base for fasteners. The global export value of fasteners was US$46.11 billion in 2019, a slight decline of 3.7% compared with 2018. Main export countries are China (US$8.41 billion), Germany (US$7.1 billion), the United States (US$4.84 billion), Taiwan (US$4.52 billion), and Japan (US$2.82 billion). The top ten export countries account for nearly 80% of global fastener exports. The global import value was approximately US$48.77 billion in 2019, down 5.5% compared with 2018. Main import countries are the United States (US$7.05 billion), Germany (US$4.43 billion), China (US$3.11 billion), Mexico (US$3.23 billion), and France (US$1.98 billion). The top ten import countries account for 55% of global fastener imports...
I. Industry Characteristics
II. Current Status of Market Supply and Demand
III. Key Issue Analysis
IV. Conclusions and Suggestions
Table 1 Classification and scope of products of the metal fabrication industry