NEWS
your current location:
Homepage
/
/
/
Fastener industry is in the quagmire of "low, small and loose"

Fastener industry is in the quagmire of "low, small and loose"

  • Categories:company news
  • Author:
  • Origin:
  • Time of issue:2021-08-31
  • Views:0

(Summary description)Although my country is a big fastener manufacturing country, it has been in the overseas market for several years and has made little achievements. However, with the continuous impact of European and American debts and weak export sales, domestic orders have fallen, profits have fallen, and many small and medium-sized fastener companies have stopped production. Large fastener companies have to shrink some markets due to continued weakness in the market.

Fastener industry is in the quagmire of "low, small and loose"

(Summary description)Although my country is a big fastener manufacturing country, it has been in the overseas market for several years and has made little achievements. However, with the continuous impact of European and American debts and weak export sales, domestic orders have fallen, profits have fallen, and many small and medium-sized fastener companies have stopped production. Large fastener companies have to shrink some markets due to continued weakness in the market.

  • Categories:company news
  • Author:
  • Origin:
  • Time of issue:2021-08-31
  • Views:0
Information

As one of the three major production bases of fasteners in China, Wenzhou has to face the dilemma of "lack of food" at the moment. Many small bosses complained with emotion: "Business is bleak and almost impossible to do."

 

 

Even the Haiyan Longda Standard Parts Factory, which has a relatively strong comprehensive strength in China, said with emotion: "In the market this year, the direct feeling is the decline in industry orders and profits. The price war is too fierce. In 2012, many companies in the industrial product industry It has been a difficult year. The world economic downturn, the tightening of national macroeconomic policies, increased competition pressure, rising costs, falling prices, and scarcity of capital chains have become the symbol of the year. The fastener industry, which is the "joint" of industrial products, naturally escapes. Not to be fooled by the market, these hard-looking screws and nuts are also suffering unprecedented "tension" and are facing industry confusion.

Although my country is a big fastener manufacturing country, it has been in the overseas market for several years and has made little achievements. However, with the continuous impact of European and American debts and weak export sales, domestic orders have fallen, profits have fallen, and many small and medium-sized fastener companies have stopped production. Large fastener companies have to shrink some markets due to continued weakness in the market. And this series of problems all stem from the fact that my country's fastener market cannot get rid of the "low and small" status quo. The domestic fastener industry is still dominated by micro-enterprises and scattered. The products produced by them have low added value, unstable quality, weak market competition and low-price dumping, while high-end fastener products with larger profit margins basically rely on imports. The structure of my country's fastener products is as follows: high-end products account for 10%, mid-range products account for 50%, and low-end products account for 40%. With the increasing degree of industrialization, Chinese fastener products concentrated in the middle and low end naturally lack competitiveness. The only "killer" is nothing more than price, but when quality problems frequently occur, this competitive advantage is It became the hand that pushed himself into the abyss. So, what caused the vicious circle of the fastener market?

Although the export volume of fasteners in the first half of this year reached 1.207 million tons, with an amount of US$2.212 billion, the export situation is relatively good, but defects such as overcapacity, irregular market, and weak competitiveness have become more and more prominent. It is reported that the current life of fastener products in our country is relatively short, generally only 30%-70% of the life of similar foreign products. The products produced by all enterprises are "universal brands", which cannot meet the needs of the high-end market. However, in the face of the poor economic environment at home and abroad, many fastener companies do not make technological innovations and management upgrades, but rely on product price reductions to fight in the market. The money has not been made, but the entire industry is in a "low-small" The vicious circle of "dispersion" is getting deeper and deeper. If the European and American debt crisis brought disasters to fasteners, on the other hand, it is an opportunity for industry improvement and a competition among enterprises to survive the fittest.

Accelerate industrial restructuring, eliminate backward production capacity, encourage technological innovation, focus on quality, severely crack down on dumping, and create a complete industrial chain, forcing the domestic fastener industry to make changes.

Scan the QR code to read on your phone

Consult now

Username used for comment:
客户留言
Description:
验证码

Real-time information

Grooved Pin DIN 1472

Grooved Pin DIN 1472

Hole pin DIN 1443

Hole pin DIN 1443

Hole pin  ISO 2340

Hole pin ISO 2340

Cylindrical Pin   ISO 2338

Cylindrical Pin ISO 2338

产品列表

Grooved Pin DIN 1472

Grooved Pin DIN 1472

language
中国
韩国
韩国
韩国
韩国
韩国

Search online

搜索
Search

Persist in doing things right once, and try our best to provide customers with better products and services.

Shanghai Dongbiao Standard Parts Co., Ltd.        沪ICP备10208594号-2        Powered by www.300.cn