According to the statistics showed Taiwan’s April screw exports amount was around 65,265 tons, fell by 2.33% compared with the previous year; last March screws export amount was around 69,380 tons, fell by 2.08% compared with the same period of last year. The main reason was Taiwanese standard products of screws and bolts lost the price competition against China.

Although the screw export amount declined in March and April, but Taiwan’s screw exports volume and amount have increased in the first four months of this year compared with the same period of last year.

Recently, some manufacturers began to enhance fastener’s market competitiveness through developing the highest quality and customized fastener.