Price for Slide Fasteners and Parts Thereof in Slovakia - 2023

Contents:

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

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

The average import price for slide fasteners and parts thereoves stood at $0.1 per unit in 2022, with a decrease of -15.8% against the previous year. In general, the import price saw a noticeable contraction. The pace of growth appeared the most rapid in 2017 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $0.2 per unit 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 the Czech Republic ($0.9 per unit), while the price for Spain (less than $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 the UK (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for slide fasteners and parts thereoves stood at $291 per thousand units in June 2023, with a decrease of -38.4% against the previous month. Overall, the export price showed a mild reduction. The pace of growth appeared the most rapid in May 2023 an increase of 74% against the previous month. As a result, the export price reached the peak level of $0.5 per unit, and then fell significantly in the following month.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Bosnia and Herzegovina ($579 per thousand units), while the average price for exports to Tunisia ($189 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 Morocco (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Slide Fasteners and Parts Thereof in Slovakia

Slide fasteners and parts thereof imports into Slovakia stood at 56M units in 2022, surging by 11% against the year before. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. 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 fell to $6.2M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $6.7M, and then reduced in the following year.

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

1. Spain (14.8M units)
2. Austria (9.5M units)
3. Japan (7.9M units)
4. Germany (6.4M units)
5. China (4.4M units)
6. Belgium (2.4M units)
7. Vietnam (1.8M units)
8. Czech Republic (1.1M units)
9. Poland (0.3M units)

Exports of Slide Fasteners and Parts Thereof in Slovakia

For the third consecutive year, Slovakia recorded decline in shipments abroad of slide fasteners and parts thereoves, which decreased by -4.9% to 13M units in 2022. Overall, exports faced a sharp downturn. Over the period under review, the exports attained the peak figure at 39M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, slide fasteners and parts thereof exports shrank modestly to $3.6M in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $3.7M, and then shrank slightly in the following year.

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

1. Ukraine (3.3M units)
2. Moldova (3.3M units)
3. Armenia (2.8M units)
4. Morocco (1.3M units)
5. North Macedonia (0.8M units)
6. Tunisia (0.6M units)
7. Turkey (0.3M units)
8. United Kingdom (0.2M units)

Source: IndexBox Market Intelligence Platform