Fastener industry opportunities and challenges coexist

Fastener industry opportunities and challenges coexist

According to relevant statistics, there was a negative growth in the fastener industry in 2012, a year-on-year decrease of around 1.5%. From January to June 2013, the import and export of the industry saw a slow growth trend. Its total import and export volume was US$14.141 billion, a year-on-year increase of 1.89%. The domestic and international environment in 2013 is not only a strategic opportunity period for China's fastener industry, but also a strategic challenge period.

In 2012, it was a challenging year for the fastener industry. Due to the global economic downturn and the debt crisis in Europe and the United States, foreign markets experienced a decline in sales compared with the same period. The domestic market was hampered by sluggish domestic demand, rising costs, increased competitive pressure, and shortage of capital chain. Domestic and foreign troubles led to the decline in corporate orders and the decline in profits. Many large and medium-sized fastener enterprises suffered a setback, and individual small fastener companies even stopped production and stopped production.

China's machinery parts statistics show that in 2012, the fastener industry experienced a negative growth, which was a decrease of 1.5% year-on-year, mainly due to insufficient market demand. In particular, after the fasteners suffered international anti-dumping, export sales declined. . At the same time, through the integration of customs data, China's fastener import and export volume both decreased in 2012: export volume was 2.4461 million tons, and foreign exchange earned through exports reached US$4.516 billion, a year-on-year decrease of 4.8% and 2.4% respectively; fasteners import volume was 25.24%. Ten thousand tons, the import amount was 2.892 billion US dollars, down 4.7% and 2.2% respectively.

Although the domestic fastener industry suffered a setback in 2012, the whole industry is expected to achieve steady growth in 2013. It is estimated that by 2013, the production and sales of fasteners will reach approximately 7.3 million tons. With the growth of China-ASEAN Free Trade Area, more potential free trade zones may emerge, and Chinese companies’ efforts to go abroad, China’s fastener export market is expected to further diversify, especially to emerging markets and development. The expansion of the country.

The data shows that in the first half of 2013, the industry's total output value was 155 billion yuan, a year-on-year increase of 2.64%. The industry's six professional developments are unbalanced, among which the development of gears is better, with fasteners, chains, springs, powder metallurgy, and drive couplings. The development of professional development is generally in the same level as last year.

From January to June 2013, the import and export of the industry saw a slow growth trend. Its total import and export volume was US$14.141 billion, a year-on-year increase of 1.89%. The industry's exports amounted to 5.794 billion U.S. dollars, a year-on-year increase of 3.16%; of which, gear products exported well to 2.444 billion U.S. dollars, accounting for 42.18% of the industry's total export value, an increase of 8.86% year-on-year; it was originally ranked first in the industry. The professional export of fasteners was 2.305 billion U.S. dollars, which accounted for 39.7% of the total export value of the industry, a year-on-year negative growth of -0.33%; the chain professional export value was 674 million U.S. dollars, accounting for 11.6% of the industry's total exports, which was yoy The negative growth was -6.27%; the spring professional export volume in the industry was 150 million U.S. dollars, although the amount was not large, but its year-on-year growth rate reached 17.71%, and its momentum was gratifying. The industry's imports amounted to 8.347 billion U.S. dollars, a year-on-year increase of 3.16%. Among them, the import value of gears was 6.203 billion U.S. dollars, which accounted for 74.3% of the industry's total imports, which increased by 2.89% year-on-year; the import value of fasteners was 1.475 billion U.S. dollars. , year-on-year increase of -3.38%. It can be seen that the professional import and export performance of gears in the industry is more prominent and has become a bright spot in the development of the industry.

The domestic and international environment in 2013 is not only a strategic opportunity period for China's fastener industry, but also a strategic challenge period. It is estimated that compared to 2012, the pressure on the fastener industry in China will slow down in 2012, slow growth will become a trend, and the development situation is cautiously optimistic. There are still uncertainties and risks in the future. Therefore, domestic fastener companies should pay close attention to the domestic and international economic trends and policy trends in 2013, and more market trends to adjust product structure and marketing strategy in a timely manner to create a brand effect, increase product added value, increase research and development efforts, and enhance management. Level, improve efficiency through automation production, enhance the competitiveness of enterprises.

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