Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Romania - 2023

Contents:

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

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

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $15,729 per ton, shrinking by -7.7% against the previous year. Over the period under review, the import price saw a noticeable reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 36% against the previous year. Over the period under review, average import prices attained the maximum at $34,880 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Germany ($41,321 per ton), while the price for Turkey ($5,675 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $32,408 per ton in 2022, surging by 26% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for press-fasteners, snap-fasteners, press-studs and parts therefor increased by +79.4% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 52% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($86,752 per ton), while the average price for exports to Albania ($11,832 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 Ukraine (+21.1%), 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 Romania

For the fourth year in a row, Romania recorded growth in supplies from abroad of press-fasteners, snap-fasteners, press-studs and parts therefor, which increased by 19% to 499 tons in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor expanded markedly to $7.9M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.63.84.54.46.9%
Germany1.50.91.31.50.0%
France0.30.40.30.626.0%
Turkey0.10.10.20.226.0%
Greece0.40.30.20.2-20.6%
China0.10.10.10.226.0%
Others0.40.30.50.720.5%
Total6.35.87.17.97.8%

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

  1. Italy (338.7 tons)
  2. France (41.5 tons)
  3. Germany (36.5 tons)
  4. Turkey (34.6 tons)
  5. China (20.9 tons)
  6. Greece (8.1 tons)

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

For the third year in a row, Romania recorded decline in overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor, which decreased by -3.6% to 17 tons in 2022. In general, exports saw a sharp downturn.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor surged to $566K in 2022. Over the period under review, exports recorded a deep slump.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia10990.118715913.4%
Moldova33.155.151.410446.5%
Albania60.073.881.646.0-8.5%
Bulgaria80.920.21.634.5-24.7%
Italy38.057.450.832.8-4.8%
France83.412.71.720.2-37.7%
United Kingdom13884.417.717.1-50.1%
Bosnia and Herzegovina15.013.116.311.4-8.7%
Tunisia0.127.20.91.4141.0%
Others19698.658.7139-10.8%
Total753533468566-9.1%

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

  1. Serbia (5.0 tons)
  2. Albania (3.9 tons)
  3. Moldova (2.8 tons)
  4. United Kingdom (1.4 tons)
  5. Italy (1.1 tons)
  6. Bulgaria (0.8 tons)
  7. Bosnia and Herzegovina (0.4 tons)
  8. France (0.2 tons)
  9. Tunisia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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