Taiwanese screw sales to Europe stabilize a little bit recently
13 Aug 2019 15:50 reported by Jackson
According to statistics, in the third quarter, the export orders of screws declined by more than 10%, and the US recession was the most serious. On the contrary, sales in the European market have improved, and the quantity of orders has increased.
This reason was mainly due to the impact of the trade war between China and the US. Taiwan's overseas sales of screws were not optimistic, and the number of orders has dropped significantly. Some factories have reduced by 20% to 30%, and some even have been reduced by about half of the quantity.
It was estimated that there will be little chance of improvement in the second half of this year. Owing to the low quotation sales of Chinese suppliers to the European market, Taiwan was not so good in sales of screws to the market.
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