Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador - 2022

Contents:

  1. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador (CIF) - 2022
  2. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador (FOB) - 2022
  3. Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador
  4. Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador (CIF) - 2022

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $6,106 per ton, with a decrease of -48.4% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 66%. Over the period under review, average import prices attained the maximum at $18,617 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($63,805 per ton), while the price for China ($4,237 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador (FOB) - 2022

The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $750 per ton in 2022, dropping by -93.1% against the previous year. In general, the export price recorded a sharp slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs at $16,715 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to +104.9% per year.

Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador

In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor imported into Ecuador surged to 100 tons, growing by 461% on 2021. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor skyrocketed to $613K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13462.515039543.4%
Colombia26.315.136.112969.9%
Hong Kong SAR29.07.111.969.934.1%
Others14.610.414.018.48.0%
Total20495.121261344.3%

Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Ecuador in 2022:

  1. China (93.3 tons)
  2. Colombia (5.7 tons)
  3. Hong Kong SAR (1.1 tons)

Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador

In 2022, overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor were finally on the rise to reach 12 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic slump.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor fell notably to $9 in 2022. In general, exports, however, showed a precipitous contraction. The smallest decline of -47% was in 2021.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/AN/AN/A9.00%
China21026.016.0N/A-72.4%
North Macedonia63.0N/AN/AN/A0%
Denmark994N/AN/AN/A0%
Tunisia80910666.0N/A-71.4%
Canada97.017.05.0N/A-77.3%
OthersN/A15.0N/AN/A0%
Total2,17316487.09.0-83.9%

Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Ecuador in 2022:

  1. Panama (12.0 kg)

Source: IndexBox Market Intelligence Platform

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