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International market demands keep rising

Source:Ringier Release Date:2012-10-08 415
Metalworking
Import and export of fasteners reached US$3.18 billion and US$4.87 billion, respectively. And the demands will stand a stable growth of 3%~4% in coming years.

- In 2011, import and export of fasteners reached USD 3.18 billion and USD 4.87 billion respectively. And the demands will stand a stable growth of 3%~4% in coming years.

-In 2011, export of gear products topped USD 3.84 billion while import USD 12.48 billion. The annual rise will be about 10% with expectation to break USD 5 billion by 2015.

-In 2011, industrial chains worthy of USD 290 million were imported while USD 1.36 exported. With an annual demand increase at about 7%, total sales by 2015 will hit USD 4 billion.

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