Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada - 2023
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $30,254 per ton, growing by 7.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 8.5%. The import price peaked at $30,282 per ton in 2018; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($30,260 per ton) and Mexico ($30,256 per ton), while the price for Hong Kong SAR ($30,252 per ton) and Australia ($30,253 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada (FOB) - 2022
In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $28,818 per ton, reducing by -21.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 53%. As a result, the export price reached the peak level of $42,081 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($29,143 per ton), while the average price for exports to Pakistan ($18,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada
In 2022, imports of press-fasteners, snap-fasteners, press-studs and parts therefor into Canada declined to 179 tons, waning by -12.3% against 2021. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 17%.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted to $5.4M in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 27%.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5,515 | 3,379 | 3,683 | 3,537 | -13.8% |
| China | 640 | 682 | 740 | 788 | 7.2% |
| Thailand | 58.5 | 55.5 | 302 | 294 | 71.3% |
| Australia | N/A | N/A | 212 | 176 | -17.0% |
| Mexico | 27.7 | 18.5 | 219 | 174 | 84.5% |
| Japan | 170 | 119 | 260 | 161 | -1.8% |
| Hong Kong SAR | 0.2 | 45.1 | 7.9 | 138 | 783.7% |
| Taiwan (Chinese) | 90.7 | 68.6 | 122 | 54.6 | -15.6% |
| Others | 197 | 143 | 184 | 94.6 | -21.7% |
| Total | 6,698 | 4,510 | 5,730 | 5,417 | -6.8% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Canada in 2022:
- United States (116.9 tons)
- China (26.1 tons)
- Thailand (9.7 tons)
- Australia (5.8 tons)
- Mexico (5.7 tons)
- Japan (5.3 tons)
- Hong Kong SAR (4.6 tons)
- Taiwan (Chinese) (1.8 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada
In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor exported from Canada skyrocketed to 38 tons, surging by 60% on 2021. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 463% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor skyrocketed to $1.1M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 580%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.3 | 2.2 | 670 | 964 | 805.1% |
| United States | 48.2 | 29.8 | 70.9 | 61.0 | 8.2% |
| Portugal | 20.3 | 10.2 | 6.5 | 11.6 | -17.0% |
| United Kingdom | 311 | 55.2 | N/A | 0.6 | -87.6% |
| Spain | N/A | N/A | 54.6 | N/A | 0% |
| Others | 74.0 | 32.1 | 77.5 | 66.1 | -3.7% |
| Total | 455 | 129 | 880 | 1,103 | 34.3% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Canada in 2022:
- Poland (33.4 tons)
- United States (2.1 tons)
- Portugal (0.4 tons)
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