Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK - 2023
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK (FOB) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK (CIF) - 2022
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK (FOB) - 2022
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $7,950 per ton in 2022, increasing by 14% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices hit record highs at $16,087 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($80,395 per ton), while the average price for exports to Germany ($5,004 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 (+27.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $21,991 per ton, shrinking by -1.7% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 increased by +75.2% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28%. As a result, import price attained the peak level of $22,367 per ton, and then fell slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($45,359 per ton), while the price for Turkey ($6,902 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.1%), 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 the UK
In 2022, overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -29.2% to 712 tons, falling for the second consecutive year after two years of growth. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, the exports reached the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor fell significantly to $5.7M in 2022. Over the period under review, exports showed a abrupt contraction. The smallest decline of -7.8% was in 2020.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 4.7 | 4.0 | 2.0 | -18.5% |
| Italy | 1.1 | 0.6 | 0.6 | 1.2 | 2.9% |
| Turkey | 1.1 | N/A | 0.4 | 0.6 | -18.3% |
| Spain | 0.7 | 0.6 | 0.5 | 0.2 | -34.1% |
| Bulgaria | 0.5 | 0.6 | 0.1 | 0.1 | -41.5% |
| Others | 2.3 | 2.1 | 1.5 | 1.6 | -11.4% |
| Total | 9.3 | 8.6 | 7.0 | 5.7 | -15.1% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from the UK in 2022:
- Germany (392.8 tons)
- Italy (173.6 tons)
- Turkey (82.5 tons)
- Spain (11.8 tons)
- Bulgaria (0.7 tons)
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK
In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor imported into the UK fell to 252 tons, with a decrease of -4.2% compared with the previous year. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 32%.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted to $5.5M in 2022. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of $5.9M, and then reduced in the following year.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,560 | 1,133 | 1,592 | 1,669 | 2.3% |
| United States | 172 | 161 | 630 | 983 | 78.8% |
| China | 788 | 598 | 773 | 967 | 7.1% |
| Italy | 441 | 339 | 247 | 645 | 13.5% |
| Hong Kong SAR | 340 | 212 | 394 | 346 | 0.6% |
| Germany | 1,065 | 699 | 1,500 | 323 | -32.8% |
| Taiwan (Chinese) | 162 | 86.6 | 147 | 79.8 | -21.0% |
| Turkey | 3.7 | 32.4 | 92.6 | 74.2 | 171.7% |
| Others | 283 | 214 | 519 | 462 | 17.7% |
| Total | 4,815 | 3,476 | 5,894 | 5,549 | 4.8% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to the UK in 2022:
- Japan (67.1 tons)
- Italy (52.4 tons)
- China (49.5 tons)
- United States (21.7 tons)
- Germany (15.0 tons)
- Hong Kong SAR (14.4 tons)
- Turkey (10.8 tons)
- Taiwan (Chinese) (6.8 tons)
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