Fasteners are a type of mechanical part that is used for fastening connections and is widely used. We can see a wide variety of fasteners on various types of machinery, equipment, vehicles, ships, railways, bridges, buildings, structures, tools, instruments, meters and supplies. As China entered the WTO in 2001, it entered the ranks of major countries of international trade. China's fastener products have been exported to fasteners in many countries and countries around the world.
China's fastener market gradually attracts international attention
At present, China has exported fasteners to more than 50 countries (regions), among which exports to the European Union, the United States, and Australia are the largest, and the top six countries and regions are respectively the United States and Germany. Japan ranks third, Britain ranks fourth, Italy ranks fifth, and Hong Kong ranks sixth. The combined exports to the United States, Germany, and Japan account for one-third of total exports. In 2007, China exported 2.57 million tons of fasteners, which accounted for 48.95% of the current year's output.
In 2010, the demand for fasteners in the United States, Western Europe, and Asia was 16.6 billion U.S. dollars, 14 billion U.S. dollars, and 19.2 billion U.S. dollars, respectively. The demand for fastener products is divided by thread, external thread products account for approximately 52% of total demand; internal thread products account for approximately 19% of total demand; thread products account for approximately 18% of total demand; special according to user requirements. Parts and assemblies account for about 7% of total demand; aerospace and other special fasteners account for about 4% of total demand.
China is a major producer of fasteners. There are more than 7,000 fastener companies in the country. In 2007, the output of fasteners reached 5.25 million tons, accounting for a quarter of the world's fastener production. Has been ranked first in the world for many years in succession, but at present most of the fasteners produced in China are low-strength, low-grade products, of which ordinary low-grade standard fasteners below 8.8 or about 45% -50%.
However, the competition in the fastener market in China has become more and more fierce over time. Many foreign companies continue to enter the Chinese market and take root in China. They use our cheap labor to produce their branded products to obtain higher profits. . Under such pressure, how can we make our products not be suppressed, and the development of better and better has become a big problem for many companies to think about.
The lack of big brands in China is also a problem that needs to be handled by enterprises. So many enterprises are flooding into the Chinese market from foreign countries. This means that more fastener companies need to continuously break through and make their own development become an international one. Market-oriented companies. This pressure has been very helpful for the development of our fasteners.
Compared with foreign-funded enterprises, many fasteners in China lack main brands. This makes us less competitive in the fastener market. Therefore, China adopted a familiar price war, but because it is in China Fastener market. Therefore, the price war has not had much advantage for our country's enterprises. Therefore, the best method in China is to create high-strength screw brands, have their own ideas, and be able to integrate with international fasteners, so that competition in the market It will look more powerful.
As long as we can build a system and policy environment conducive to innovation and entrepreneurship through reforms, we will be able to make a significant improvement in the technical level and added value of China's fasteners in a relatively short period of time. At present, the world's advanced fasteners are faced with large or small technological breakthroughs. If China’s fasteners can seize this great opportunity and exert their own advantages, they will develop some competitive products with international competitiveness. It is entirely possible.