Price for Slide Fasteners and Parts Thereof in New Zealand - 2023
Contents:
- Price for Slide Fasteners and Parts Thereof in New Zealand (CIF) - 2022
- Price for Slide Fasteners and Parts Thereof in New Zealand (FOB) - 2022
- Imports of Slide Fasteners and Parts Thereof in New Zealand
- Exports of Slide Fasteners and Parts Thereof in New Zealand
Price for Slide Fasteners and Parts Thereof in New Zealand (CIF) - 2022
The average import price for slide fasteners and parts thereoves stood at $0.2 per unit in 2022, rising by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($0.3 per unit), while the price for Indonesia ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Slide Fasteners and Parts Thereof in New Zealand (FOB) - 2022
In 2022, the average export price for slide fasteners and parts thereoves amounted to $0.4 per unit, jumping by 29% against the previous year. In general, the export price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 48%. As a result, the export price attained the peak level of $1.1 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cook Islands ($0.4 per unit) and Samoa ($0.4 per unit), while the average price for exports to Australia ($0.4 per unit) and the UK ($0.4 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Slide Fasteners and Parts Thereof in New Zealand
In 2022, approx. 5.5M units of slide fasteners and parts thereoves were imported into New Zealand; leveling off at the previous year's figure. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4% against the previous year. Over the period under review, imports hit record highs at 6.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, slide fasteners and parts thereof imports rose notably to $1.2M in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. Imports peaked at $1.2M in 2019; afterwards, it flattened through to 2022.
| Import of Slide Fasteners and Parts Thereof in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 290 | 325 | 391 | 560 | 24.5% |
| China | 342 | 248 | 270 | 295 | -4.8% |
| United States | 463 | 312 | 353 | 209 | -23.3% |
| Japan | 45.1 | 34.2 | 50.8 | 59.4 | 9.6% |
| Australia | 10.9 | 8.6 | 16.5 | 26.2 | 34.0% |
| Hong Kong SAR | 23.4 | 13.8 | 18.2 | 16.6 | -10.8% |
| Indonesia | 35.8 | 11.1 | 14.9 | 15.2 | -24.8% |
| Thailand | 17.3 | 15.8 | 26.6 | 10.1 | -16.4% |
| Others | 20.3 | 32.1 | 24.0 | 33.0 | 17.6% |
| Total | 1,247 | 1,001 | 1,165 | 1,224 | -0.6% |
Top Suppliers of Slide Fasteners and Parts Thereof to New Zealand in 2022:
- Taiwan (Chinese) (2414.9K units)
- United States (1313.6K units)
- China (968.5K units)
- Japan (333.7K units)
- Australia (99.8K units)
- Indonesia (99.4K units)
- Hong Kong SAR (96.1K units)
- Thailand (62.3K units)
Exports of Slide Fasteners and Parts Thereof in New Zealand
Slide fasteners and parts thereof exports from New Zealand contracted significantly to 233K units in 2022, which is down by -28% compared with 2021 figures. In general, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 129%. As a result, the exports reached the peak of 324K units, and then reduced notably in the following year.
In value terms, slide fasteners and parts thereof exports reduced to $89K in 2022. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at $119K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Slide Fasteners and Parts Thereof in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 55.5 | 29.8 | 52.5 | 50.9 | -2.8% |
| French Polynesia | 2.8 | 4.9 | 7.7 | 9.2 | 48.7% |
| United Kingdom | N/A | N/A | 3.7 | 5.7 | 54.1% |
| Samoa | 14.9 | 6.6 | 0.1 | 5.6 | -27.8% |
| Cook Islands | 6.3 | 2.6 | 5.7 | 4.7 | -9.3% |
| Tonga | 7.5 | 0.3 | 12.8 | 3.4 | -23.2% |
| Fiji | 9.8 | 4.0 | 1.8 | 2.7 | -34.9% |
| Vanuatu | 14.2 | N/A | N/A | 2.1 | -47.1% |
| Others | 8.0 | 18.7 | 11.1 | 4.5 | -17.5% |
| Total | 119 | 66.9 | 95.6 | 88.8 | -9.3% |
Top Export Markets for Slide Fasteners and Parts Thereof from New Zealand in 2022:
- Australia (135.6K units)
- French Polynesia (23.5K units)
- United Kingdom (14.8K units)
- Samoa (14.5K units)
- Cook Islands (11.9K units)
- Tonga (8.9K units)
- Fiji (7.1K units)
- Vanuatu (5.4K units)
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