Giant Manufacturing Co., Ltd. (Giant Group) saw its negative shipment trends moderate in March 2026, following a massive year-over-year decline in February.
February was up against a big increase in the prior-year month, driven by early shipments ahead of the Trump Tariff impositions. Monthly shipments in March 2025 shifted back into negative territory last year, making year-over-year comps easier for March this year.
March 2026 shipments declined 17.9 percent to NT$5.60 billion, compared to NT$6.75 billion in March 2025, reflecting a 5.3 percent decline from March 2024 shipments. A 31 percent increase in shipments in February may have been a reaction to tariffs that took effect in March 2025, as U.S. brands and factories across Asia moved shipments up to secure pricing.
Shipments for the first quarter amounted to NT$12.5 billion, a 25.7 percent decline from the NT$16.9 billion shipped in Q2 2025, when shipments rose nearly 5.0 percent, following a weak 2024 first quarter. The two-year decline amounted to 22.7 percent versus March 2024.
Giant Group reports in New Taiwan dollars (NT$) currency.
Image courtesy Giant Manufacturing Co., Ltd.
