Price for Slide Fasteners and Parts Thereof in Turkey - 2023
Contents:
- Price for Slide Fasteners and Parts Thereof in Turkey (CIF) - 2022
- Price for Slide Fasteners and Parts Thereof in Turkey (FOB) - 2023
- Imports of Slide Fasteners and Parts Thereof in Turkey
- Exports of Slide Fasteners and Parts Thereof in Turkey
Price for Slide Fasteners and Parts Thereof in Turkey (CIF) - 2022
In 2022, the average import price for slide fasteners and parts thereoves amounted to $46 per thousand units, falling by -10.4% against the previous year. Overall, the import price saw a pronounced reduction. The growth pace was the most rapid in 2021 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $72 per thousand units in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($232 per thousand units), while the price for China ($30 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Slide Fasteners and Parts Thereof in Turkey (FOB) - 2023
In July 2023, the average export price for slide fasteners and parts thereoves amounted to $217 per thousand units, falling by -3.7% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices reached the peak figure at $247 per thousand units in March 2023; however, from April 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($296 per thousand units), while the average price for exports to Ukraine ($62.0 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Slide Fasteners and Parts Thereof in Turkey
In 2022, the amount of slide fasteners and parts thereoves imported into Turkey skyrocketed to 2.1B units, picking up by 38% against the previous year's figure. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, slide fasteners and parts thereof imports skyrocketed to $95M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Slide Fasteners and Parts Thereof in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.0 | 34.1 | 38.2 | 54.6 | 19.5% |
| Italy | 9.7 | 8.9 | 16.1 | 17.3 | 21.3% |
| Japan | 11.4 | 6.5 | 6.4 | 6.2 | -18.4% |
| Indonesia | 4.9 | 4.5 | 6.0 | 6.1 | 7.6% |
| Taiwan (Chinese) | 3.8 | 3.4 | 4.1 | 4.1 | 2.6% |
| Others | 6.0 | 5.0 | 5.6 | 6.2 | 1.1% |
| Total | 67.8 | 62.5 | 76.4 | 94.5 | 11.7% |
Top Suppliers of Slide Fasteners and Parts Thereof to Turkey in 2022:
- China (1801.7M units)
- Indonesia (86.1M units)
- Italy (74.6M units)
- Taiwan (Chinese) (46.4M units)
- Japan (28.2M units)
Exports of Slide Fasteners and Parts Thereof in Turkey
Slide fasteners and parts thereof exports from Turkey fell slightly to 226M units in 2022, remaining stable against 2021 figures. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. As a result, the exports reached the peak of 229M units, and then fell modestly in the following year.
In value terms, slide fasteners and parts thereof exports rose slightly to $51M in 2022. The total export value increased at an average annual rate of +9.7% 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 38% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Slide Fasteners and Parts Thereof in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 5.2 | 3.8 | 3.6 | 4.8 | -2.6% |
| Germany | 2.9 | 3.5 | 4.8 | 4.2 | 13.1% |
| Tunisia | 2.3 | 2.9 | 3.7 | 3.8 | 18.2% |
| Bulgaria | 3.3 | 3.5 | 3.8 | 3.0 | -3.1% |
| Netherlands | 1.3 | 1.4 | 2.6 | 2.5 | 24.4% |
| Spain | 1.0 | 1.0 | 1.8 | 2.1 | 28.1% |
| Portugal | 0.9 | 1.1 | 1.7 | 2.0 | 30.5% |
| United Kingdom | 1.5 | 1.5 | 1.9 | 2.0 | 10.1% |
| Greece | 1.7 | 1.4 | 1.8 | 1.8 | 1.9% |
| Italy | 1.2 | 1.3 | 2.1 | 1.7 | 12.3% |
| Serbia | 1.3 | 1.4 | 1.9 | 1.5 | 4.9% |
| Morocco | 1.4 | 1.0 | 1.6 | 1.5 | 2.3% |
| Egypt | 2.0 | 1.1 | 1.1 | 1.3 | -13.4% |
| Others | 12.5 | 11.2 | 17.1 | 18.5 | 14.0% |
| Total | 38.4 | 36.0 | 49.5 | 50.8 | 9.8% |
Top Export Markets for Slide Fasteners and Parts Thereof from Turkey in 2022:
- Romania (26.8M units)
- Germany (19.2M units)
- Tunisia (13.7M units)
- Bulgaria (11.2M units)
- Netherlands (11.1M units)
- Serbia (10.8M units)
- Portugal (10.1M units)
- Spain (9.9M units)
- United Kingdom (7.5M units)
- Greece (7.2M units)
- Morocco (7.1M units)
- Italy (7.0M units)
- Egypt (6.7M units)
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