Price for Slide Fasteners and Parts Thereof in Egypt - 2023

Contents:

1. Price for Slide Fasteners and Parts Thereof in Egypt (CIF) - 2023
2. Price for Slide Fasteners and Parts Thereof in Egypt (FOB) - 2022
3. Imports of Slide Fasteners and Parts Thereof in Egypt
4. Exports of Slide Fasteners and Parts Thereof in Egypt

Price for Slide Fasteners and Parts Thereof in Egypt (CIF) - 2023

The average import price for slide fasteners and parts thereoves stood at $274 per thousand units in May 2023, which is down by -7.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 24% m-o-m. The import price peaked at $296 per thousand units in April 2023, and then contracted in the following month.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was Indonesia ($369 per thousand units), while the price for China ($258 per thousand units) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Slide Fasteners and Parts Thereof in Egypt (FOB) - 2022

In 2022, the average export price for slide fasteners and parts thereoves amounted to $0.3 per unit, which is down by -11.2% against the previous year. Overall, the export price, however, recorded a perceptible expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $0.3 per unit, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($0.5 per unit), while the average price for exports to Morocco ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in Egypt

In 2022, after two years of decline, there was significant growth in overseas purchases of slide fasteners and parts thereoves, when their volume increased by 42% to 71M units. Over the period under review, imports, however, recorded a sharp downturn. Over the period under review, imports reached the peak figure at 1.1B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, slide fasteners and parts thereof imports soared to $18M in 2022. Overall, imports enjoyed a modest expansion. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Slide Fasteners and Parts Thereof to Egypt in 2022:

1. China (44.9M units)
2. Indonesia (8.9M units)
3. Italy (8.6M units)
4. Japan (2.7M units)
5. India (2.1M units)
6. Bangladesh (1.9M units)
7. Turkey (0.6M units)

Exports of Slide Fasteners and Parts Thereof in Egypt

In 2022, the amount of slide fasteners and parts thereoves exported from Egypt surged to 19M units, jumping by 28% on the previous year's figure. Overall, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 40%. Over the period under review, the exports attained the peak figure at 24M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, slide fasteners and parts thereof exports rose remarkably to $4.8M in 2022. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 98% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Slide Fasteners and Parts Thereof from Egypt in 2022:

1. Morocco (5.3M units)
2. Germany (3.2M units)
3. Turkey (2.4M units)
4. Tunisia (2.1M units)
5. Jordan (1.9M units)
6. Spain (1.0M units)
7. Ethiopia (0.7M units)
8. Romania (0.6M units)
9. Italy (0.6M units)
10. Netherlands (0.3M units)
11. Poland (0.3M units)

Source: IndexBox Market Intelligence Platform