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China’s Fastener Export Situation in May 2023: Statistical Analysis of Quantity, Amount, and Average Price

According to statistics from China Customs and the China Economic and Technological Research Institute, as of May 2023, the export quantity of fasteners from China was 1929501 tons. Compared to the same period in 2022, the export volume decreased by 58445 tons, a year-on-year decrease of 2.7%; The export amount was $5090.844 million, an increase of $44.77 million compared to the same period in 2022, a year-on-year increase of 1.3%. The export quantity in May 2023 was 443752 tons, with an export amount of 969801 million US dollars.

The volume of steel fastener export  comparison in May, 2021—2023

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The amount of steel fastener export  comparison in May, 2021—2023

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Continuing to observe the data, from January to May 2023, the average export price of Chinese fasteners was 2600 US dollars per ton, while the average export price for the same period in 2022 was 25000 US dollars per ton. However, the average export price in May 2023 was $2200 per ton, a slight decrease.

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Further analysis of the data shows that the export situation in May 2023 showed some changes. Compared to the same period in 2022, the export volume in May decreased by 6089 tons, a year-on-year decrease of 1.2%. The export amount has also decreased, by $221.806 million compared to the same period last year, a year-on-year decrease of 18.2%. The average export price for the month was 2200 US dollars per ton.

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The above data shows that the export situation of Chinese fasteners in May 2023 showed slight fluctuations, with a certain decrease in the quantity and amount of exports. However, the export of fasteners still maintains a relatively stable development trend.


Post time: Jul-26-2023