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

Contents:

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

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

The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $44,551 per ton in 2022, almost unchanged from the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.4% 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 +13.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 43%. The export price peaked at $45,045 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($66,152 per ton), while the average price for exports to Hong Kong SAR ($23,174 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 Bulgaria (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $27,402 per ton in 2022, picking up by 1.9% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -2.8% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 21% against the previous year. As a result, import price attained the peak level of $28,178 per ton. From 2021 to 2022, the average import prices remained 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 Denmark ($82,251 per ton), while the price for the Netherlands ($17,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Sweden shrank significantly to 24 tons, falling by -33.6% on 2021 figures. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by 89%. As a result, the exports attained the peak of 37 tons, and then shrank notably in the following year.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted dramatically to $1.1M in 2022. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 115%. As a result, the exports reached the peak of $1.6M, and then reduced dramatically in the following year.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia293159365211-10.4%
Poland12799.61461423.8%
Bulgaria27.127.664.711662.4%
Portugal56.436.499.686.215.2%
Norway76.499.914884.13.3%
Estonia11289.411170.9-14.1%
Denmark43.043.051.954.48.2%
China34.129.227.434.40.3%
Hong Kong SAR32710.110.328.4-55.7%
Finland16.631.735.920.26.8%
Lithuania15.87.93257.8-21.0%
Others1721302622279.7%
Total1,3017641,6471,082-6.0%

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

  1. Latvia (6.2 tons)
  2. Poland (3.5 tons)
  3. Portugal (2.7 tons)
  4. Bulgaria (1.8 tons)
  5. Estonia (1.6 tons)
  6. Denmark (1.3 tons)
  7. Norway (1.3 tons)
  8. Hong Kong SAR (1.2 tons)
  9. China (0.7 tons)
  10. Finland (0.6 tons)
  11. Lithuania (0.2 tons)

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

In 2022, imports of press-fasteners, snap-fasteners, press-studs and parts therefor into Sweden fell markedly to 39 tons, which is down by -17.5% compared with 2021. In general, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 92% against the previous year.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor plummeted to $1.1M in 2022. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 84%.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR649242546308-22.0%
China394180420300-8.7%
Belgium0.3N/A0.1117630.6%
Germany81.887.01231017.3%
Netherlands8.826.632.061.891.5%
Japan10524.466.453.4-20.2%
Turkey72.629.26.813.7-42.6%
Others79.611393.412716.9%
Total1,3917011,2881,082-8.0%

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

  1. Hong Kong SAR (15.0 tons)
  2. China (9.4 tons)
  3. Belgium (3.7 tons)
  4. Netherlands (3.5 tons)
  5. Germany (3.5 tons)
  6. Japan (1.6 tons)
  7. Turkey (0.4 tons)

Source: IndexBox Market Intelligence Platform

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