BROWSE THROUGH OUR TRADE FAIRS IN TAIWAN FOR METAL WORKING INDUSTRIES INDUSTRY
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Taiwan is among the leading, central and time-established countries in the metalworking industries. It applies to the global and Asian segments of the market. This is due to the comprehensive and high-value section present in the state. It is a segment of diverse subdivisions such as steel, non-ferrous, metal products and other metals. Thus, the market is one of exceptionally high value and exportation rates. For instance, it has generated an output sum of 2 840 400 000 000 NTD. It is the equivalent of values exceeding 87 288 702 000 USD. It includes 1 270 000 000 000 NTD from the steel, 224 400 000 000 NTD from non-ferrous metals, and 1 360 000 000 000 NTD. Extensive foreign trade has contributed considerably to the appraised value of each subdivision. For instance, the steel segment’s exports produced 377 800 000 000 NTD. Also, exporting non-ferrous metals has resulted in values of 180 700 000 000 NTD. It likewise applies to the metal products segment, with foreign trade resulting in values of 423 500 000 000 NTD in the most recent years. The metallurgical fields are, in addition, among one of the most significant sources of employment in the country. For example, the basic-metals-related segment employs up to 116 900 000 specialists. The metalworking industries are likewise projected to continue their growth. For instance, the before-mentioned market segment is anticipated to experience a CAGR of 1.15% in the forthcoming years. Among the leading causes for such growth potential is the overall sector’s chief focus on research and development. It contributes to its adaptation to current challenges. Taiwan’s metalworking industries frequently present their most recent innovations during trade expos. Some examples include exhibitions hosted every one to two years in various cities. They are estimated to attract tens of thousands of visitors.