Price for Slide Fasteners and Parts Thereof in Belgium - 2023

Contents:

  1. Price for Slide Fasteners and Parts Thereof in Belgium (CIF) - 2022
  2. Price for Slide Fasteners and Parts Thereof in Belgium (FOB) - 2022
  3. Imports of Slide Fasteners and Parts Thereof in Belgium
  4. Exports of Slide Fasteners and Parts Thereof in Belgium

Price for Slide Fasteners and Parts Thereof in Belgium (CIF) - 2022

The average import price for slide fasteners and parts thereoves stood at $0.1 per unit in 2022, increasing by 4.1% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $0.2 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 Tunisia ($0.3 per unit), while the price for France ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Slide Fasteners and Parts Thereof in Belgium (FOB) - 2022

In 2022, the average export price for slide fasteners and parts thereoves amounted to $0.2 per unit, dropping by -29.5% against the previous year. Overall, the export price saw a slight slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 52%. As a result, the export price reached the peak level of $0.3 per unit. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($0.4 per unit), while the average price for exports to France ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of slide fasteners and parts thereoves, when their volume decreased by -58.7% to 141M units. Over the period under review, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 193%. Imports peaked at 341M units in 2021, and then fell remarkably in the following year.

In value terms, slide fasteners and parts thereof imports contracted rapidly to $16M in 2022. In general, imports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2020 with an increase of 120%. Over the period under review, imports reached the maximum at $38M in 2021, and then fell markedly in the following year.

Import of Slide Fasteners and Parts Thereof in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.58.47.36.235.4%
Taiwan (Chinese)6.012.413.44.9-6.5%
France1.25.06.21.712.3%
Tunisia3.83.85.40.8-40.5%
Turkey0.40.91.00.614.5%
Hong Kong SAR0.10.50.70.571.0%
Germany0.41.20.90.40.0%
Others1.12.02.91.10.0%
Total15.534.137.716.21.5%

Top Suppliers of Slide Fasteners and Parts Thereof to Belgium in 2022:

  1. China (60.0M units)
  2. Taiwan (Chinese) (48.4M units)
  3. France (17.7M units)
  4. Germany (3.5M units)
  5. Hong Kong SAR (3.1M units)
  6. Turkey (2.6M units)
  7. Tunisia (2.4M units)

Exports of Slide Fasteners and Parts Thereof in Belgium

After three years of growth, shipments abroad of slide fasteners and parts thereoves decreased by -27.3% to 99M units in 2022. In general, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 137M units, and then dropped significantly in the following year.

In value terms, slide fasteners and parts thereof exports fell significantly to $19M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 76% against the previous year. Over the period under review, the exports hit record highs at $36M in 2021, and then fell notably in the following year.

Export of Slide Fasteners and Parts Thereof in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.88.09.44.4-2.9%
France3.65.25.42.8-8.0%
Austria0.82.22.41.728.6%
Poland1.02.03.41.617.0%
Italy1.52.22.21.2-7.2%
Netherlands0.82.12.21.111.2%
Romania0.61.31.60.810.1%
Tunisia0.50.91.30.711.9%
Hungary0.40.71.20.614.5%
Bulgaria0.41.60.80.57.7%
United Kingdom0.61.00.80.4-12.6%
Others3.55.25.83.0-5.0%
Total18.432.336.518.70.5%

Top Export Markets for Slide Fasteners and Parts Thereof from Belgium in 2022:

  1. France (33.5M units)
  2. Germany (21.6M units)
  3. Netherlands (5.9M units)
  4. Austria (5.8M units)
  5. Poland (5.1M units)
  6. Italy (4.7M units)
  7. Romania (3.5M units)
  8. Hungary (3.1M units)
  9. Bulgaria (2.7M units)
  10. Tunisia (2.0M units)
  11. United Kingdom (1.2M units)

Source: IndexBox Market Intelligence Platform

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