Review of China's Fastener Exports in 2023
Time:2024-04-16
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Export Volume


According to customs statistics, China's export volume of fasteners was 4,978,819 tons in 2023, a decrease of 30 tons compared with 2022.

China's export volume of fasteners peaked at 456,289 tons in June 2023, a decrease of 28,353 tons compared with June 2022, down by 5.6% year-on-year. The export volume in June 2022 was 484,642 tons. The export volume reached 2,374,964 tons from January to June 2023, down by 3.6% year-on-year.

Export Value

The export value of China fasteners in 2023 reached USD 11,1053.03 million, a decrease of USD 2542.95 million compared with 2022, representing a 16.8% year-on-year decrease.

The export value of China fasteners peaked in March 2023 at USD 130,409.2 million, an increase of USD 35,092.3 million compared with March 2022, representing a 37.3% year-on-year increase. The export value in March 2022 was USD 95,316.9 million. The export value reached USD 305,762.4 million from January to March 2023, reflecting a 4.5% year-on-year increase.

Average Export Price

The average export price of China fasteners in 2023 was USD 0.22/ton, compared with USD 0.27/ton in 2022.

The average export price of China fasteners peaked in March 2023 at USD 0.31/ton, an increase of USD 0.05/ton compared with March 2022. The average price in March 2022 was USD 0.26/ton.

Source: www.chinaFastenerinfo.net


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