Price for Slide Fasteners and Parts Thereof in Germany - 2023

Contents:

  1. Price for Slide Fasteners and Parts Thereof in Germany (FOB) - 2023
  2. Price for Slide Fasteners and Parts Thereof in Germany (CIF) - 2022
  3. Exports of Slide Fasteners and Parts Thereof in Germany
  4. Imports of Slide Fasteners and Parts Thereof in Germany

Price for Slide Fasteners and Parts Thereof in Germany (FOB) - 2023

In June 2023, the average export price for slide fasteners and parts thereoves amounted to $499 per thousand units, falling by -27.2% against the previous month. Overall, export price indicated a prominent increase from June 2022 to June 2023: its price increased at an average monthly rate of +5.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, slide fasteners and parts thereof export price decreased by -27.2% against May 2023 indices. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 87% against the previous month. Over the period under review, the average export prices reached the maximum at $686 per thousand units in May 2023, and then dropped markedly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($686 per thousand units), while the average price for exports to Poland ($122 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for slide fasteners and parts thereoves stood at $0.2 per unit in 2022, rising by 9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The pace of growth was the most pronounced in 2013 when the average import price increased by 21%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($0.4 per unit), while the price for the Czech Republic ($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 China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Slide Fasteners and Parts Thereof in Germany

For the third year in a row, Germany recorded decline in overseas shipments of slide fasteners and parts thereoves, which decreased by -8.6% to 167M units in 2022. In general, exports saw a perceptible reduction. The smallest decline of -0.4% was in 2021. The exports peaked at 190M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof exports reduced slightly to $66M in 2022. Overall, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 9.7%. Over the period under review, the exports reached the maximum at $70M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Slide Fasteners and Parts Thereof in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.15.97.29.221.7%
Czech Republic9.05.63.75.7-14.1%
Poland5.65.65.44.6-6.3%
Tunisia3.42.94.03.83.8%
Romania4.43.43.73.4-8.2%
North Macedonia3.32.83.92.8-5.3%
Hungary2.63.43.32.4-2.6%
United States1.51.73.62.315.3%
Bulgaria2.12.11.92.10.0%
Bosnia and Herzegovina2.52.12.31.9-8.7%
Morocco1.51.31.11.50.0%
Slovakia0.90.81.00.8-3.9%
Estonia0.70.70.70.70.0%
Others27.823.926.124.6-4.0%
Total70.262.168.165.8-2.1%

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

  1. Poland (37.5M units)
  2. Czech Republic (12.2M units)
  3. Tunisia (11.7M units)
  4. Romania (10.9M units)
  5. Slovakia (7.4M units)
  6. Bulgaria (6.6M units)
  7. North Macedonia (6.4M units)
  8. United States (5.5M units)
  9. Hungary (5.4M units)
  10. Estonia (5.2M units)
  11. Morocco (5.2M units)
  12. Bosnia and Herzegovina (4.5M units)
  13. France (4.3M units)

Imports of Slide Fasteners and Parts Thereof in Germany

Slide fasteners and parts thereof imports into Germany shrank slightly to 220M units in 2022, reducing by -4.6% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 231M units, and then dropped modestly in the following year.

In value terms, slide fasteners and parts thereof imports rose slightly to $46M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 23%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Slide Fasteners and Parts Thereof in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.85.96.26.53.9%
Turkey3.23.44.94.411.2%
Italy5.24.54.34.1-7.6%
Taiwan (Chinese)3.32.73.54.06.6%
Japan3.12.22.72.7-4.5%
Indonesia1.20.91.22.527.7%
Czech Republic2.92.92.91.8-14.7%
Belgium2.61.81.81.7-13.2%
Poland1.71.52.01.6-2.0%
Others11.210.214.516.614.0%
Total40.235.944.045.94.5%

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

  1. China (43.8M units)
  2. Indonesia (30.1M units)
  3. Taiwan (Chinese) (29.1M units)
  4. Czech Republic (27.9M units)
  5. Turkey (19.8M units)
  6. Italy (11.4M units)
  7. Poland (10.5M units)
  8. Japan (10.5M units)
  9. Belgium (6.0M units)

Source: IndexBox Market Intelligence Platform

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