Import and export status of China's fastener industry

Fasteners are the most widely used mechanical foundations. China`s fastener products are exported to many countries globally, and fastener products from all over the world are also pouring into the Chinese market.

Fasteners, as one of the products with the most significant import and export volume in China, are in line with international standards, which have important practical significance and practical significance for promoting Chinese fastener enterprises to go to the world and promoting fastener enterprises to participate in international cooperation and competition fully. Strategic significance.

Due to the specifications, dimensions, tolerances, weights, properties, surface conditions, marking methods, and specific requirements of items such as acceptance inspection, marking, and packaging for each specific fastener product.

From January 2020 to January 2021, the export value of China`s fasteners increased steadily. In 2020, the export value was 8.8 billion US dollars. In January 2021, the export value was 870 million US dollars, a year-on-year increase of 74%. From January 2020 to January 2021, China`s export volume of fasteners increased steadily. In 2020, the export volume was 4.07 million tons, and in January 2021, the export volume was 410,000 tons, a year-on-year increase of 56%.

There are about 10.000 fastener manufacturers in China, of which there are nearly 2.000 large-scale fastener enterprises. There are too many small and medium-sized fastener enterprises, insufficient technology, and high investment in replacing advanced equipment, so it is impossible to produce high-quality and high-quality fasteners-technology Products. The development of the industry is seriously unbalanced, and it is in urgent need of transformation and upgrading to develop towards the overall high-end direction.With the rapid development of modern technology, the fastener industry also improved in 2019. For example, foremost standard parts industry leaders have entered the field of e-commerce to meet the needs of the times.

With the penetration of Internet technology in the industry, fasteners are constantly increasing. Update new platform, a new way out. There are about 7,000 fastener manufacturers in China, and there are more than 2,000 enterprises above designated size in this industry. Still, there are few large-scale enterprises with a total industrial output value of more than 500 million yuan. Therefore, the overall scale of domestic fastener enterprises is relatively small.