In the global manufacturing landscape, Europe has always held a significant position, and the same is true for the production and application of fasteners. The editor has collected the import and export data of fasteners in the EU from January to Novem)ber 2024. Let's delve into the essence of European manufacturing.
Analyzing the European Fastener Market from the Data
In terms of imports, from January to November, the total import volume of fasteners in the EU was about 1.462 billion kilograms, with a total import value of approximately 590 million USD. The monthly import volume of fasteners was over 100 million kilograms, peaking at about 167 million kilograms in October, with the import value also reaching a high of approximately 659 million USD in the same month.
Regarding exports, from January to November, the total export volume was about 500 million kilograms, with a total export value of approximately 500 million USD; the export volume in January was about 47.7 million kilograms, with an export value of approximately 528 million USD; by November, the export volume was about 42.3 million kilograms, with an export value of approximately 508 million USD.
Grasping the High-End Market for Exports
After a simple calculation, it was found that the import unit price of fastener products in the EU ranges from 3.87 USD/kg to 4.45 USD/kg, while the export unit price ranges from 10.84 USD/kg to 12.00 USD/kg. The export unit price is generally about three times the import unit price, positioning the EU as the high-end market for global fastener exports.
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