Price for Slide Fasteners and Parts Thereof in Russia - 2022

Contents:

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

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

The average import price for slide fasteners and parts thereoves stood at $35 per thousand units in 2022, with a decrease of -41.6% against the previous year. Over the period under review, the import price showed a deep slump. The pace of growth appeared the most rapid in 2018 an increase of 21%. The import price peaked at $72 per thousand units in 2013; however, from 2014 to 2022, import prices remained at a 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 China ($59 per thousand units), while the price for Kyrgyzstan stood at $13 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%).

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

In January 2022, the average export price for slide fasteners and parts thereoves amounted to $195 per thousand units, with an increase of 9.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in March 2021 when the average export price increased by 41% against the previous month. Over the period under review, the average export prices reached the peak figure at $223 per thousand units in November 2021; however, from December 2021 to January 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($203 per thousand units), while the average price for exports to Ukraine ($110 per thousand units) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Slide Fasteners and Parts Thereof in Russia

For the fourth consecutive year, Russia recorded growth in supplies from abroad of slide fasteners and parts thereoves, which increased by 46% to 1.1B units in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, slide fasteners and parts thereof imports dropped to $39M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports reached the peak of $46M, and then declined in the following year.

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

1. Kyrgyzstan (677.2M units)
2. China (406.9M units)

Exports of Slide Fasteners and Parts Thereof in Russia

In 2022, after three years of growth, there was decline in shipments abroad of slide fasteners and parts thereoves, when their volume decreased by -3.4% to 27M units. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 411% against the previous year. The exports peaked at 28M units in 2021, and then dropped in the following year.

In value terms, slide fasteners and parts thereof exports fell to $4.7M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 429% against the previous year. The exports peaked at $5M in 2021, and then contracted in the following year.

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

1. Belarus (18.0M units)
2. Kazakhstan (4.6M units)
3. Ukraine (4.0M units)

Source: IndexBox Market Intelligence Platform