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

Contents:

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

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

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $5,492 per ton, reducing by -48.4% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 54% against the previous year. The import price peaked at $10,651 per ton in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($24,800 per ton), while the price for Turkey ($3,977 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.8%), 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 Iran (FOB) - 2022

In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $18,125 per ton, jumping by 34% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 60%. Over the period under review, the average export prices hit record highs at $24,132 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($74,000 per ton), while the average price for exports to Georgia ($5,000 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 Turkey (+23.5%), 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 Iran

In 2022, imports of press-fasteners, snap-fasteners, press-studs and parts therefor into Iran totaled 5.5 tons, increasing by 9.5% compared with 2021. Over the period under review, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 502%.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor fell significantly to $30K in 2022. Overall, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 677%. As a result, imports attained the peak of $54K, and then dropped notably in the following year.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.90.85.518.9115.1%
China28.75.541.48.6-33.1%
Taiwan (Chinese)5.60.35.72.4-24.6%
Others0.90.21.00.4-23.7%
Total37.16.953.530.2-6.6%

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

  1. Turkey (4.8 tons)
  2. China (0.6 tons)
  3. Taiwan (Chinese) (0.1 tons)

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

Exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Iran was estimated at 16 kg in 2022, with an increase of 6.7% on 2021 figures. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 90% against the previous year. As a result, the exports attained the peak of 19 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor surged to $290 in 2022. Overall, exports showed a remarkable increase. The growth pace was the most rapid in 2020 when exports increased by 90%. As a result, the exports reached the peak of $379. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan70.075.073.010614.8%
Iraq52.010673.010526.4%
Turkey71.084.048.074.01.4%
Georgia7.08.04.05.0-10.6%
SwitzerlandN/A106N/AN/A0%
OmanN/AN/A4.0N/A0%
UkraineN/AN/A1.0N/A0%
OthersN/AN/AN/AN/A0%
Total20037920329013.2%

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

  1. Iraq (9.0 kg)
  2. Azerbaijan (5.0 kg)
  3. Turkey (1.0 kg)
  4. Georgia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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