China’s screw exports decline by 21.27% in Q1
Due to the severe situation caused by COVID-19 all over the world, in the first quarter of this year, China exported only around 755,000 tons of screws, dropping by about 21.27% compared with the same period of last year. However, the export price rose by 10% compared with the past year.
According to detailed statistics, China exported nearly 300,000 tons of screws in March, a 7.9% decline compared with the last year. In 2019, China’s annual screw export was summed as approximately 4.21 million tons, a 5.42% decrease compared with 2018, while the average price went up by 4.72%.
