Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia - 2024

Contents:

  1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia (FOB) - 2022
  2. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia (CIF) - 2022
  3. Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia
  4. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia (FOB) - 2022

In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.6 per unit, picking up by 16% against the previous year. Overall, the export price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 33% against the previous year. The export price peaked at $0.8 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($0.6 per unit), while the average price for exports to India ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+0.9%), while the prices for the other major destinations experienced a decline.

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia (CIF) - 2022

The average import price for slide fasteners; fitted with chain scoops of base metals stood at $0.6 per unit in 2022, with an increase of 10% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for slide fasteners; fitted with chain scoops of base metals increased by +17.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 41% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($0.6 per unit) and the United States ($0.6 per unit), while the price for China ($0.6 per unit) and Switzerland ($0.6 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia

In 2022, after three years of growth, there was significant decline in overseas shipments of slide fasteners; fitted with chain scoops of base metals, when their volume decreased by -51.5% to 848K units. In general, exports, however, continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, the exports reached the peak of 1.7M units, and then declined remarkably in the following year.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals reduced notably to $502K in 2022. Over the period under review, exports, however, posted a tangible increase. The pace of growth appeared the most rapid in 2021 when exports increased by 64% against the previous year. As a result, the exports attained the peak of $891K, and then dropped rapidly in the following year.

Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand4184478584532.7%
MalaysiaN/A3.65.137.5222.7%
IndiaN/AN/AN/A3.40%
Papua New Guinea9.986.61.6N/A-59.8%
Others10.97.926.77.9-10.2%
Total4395458915024.6%

Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from Australia in 2022:

  1. New Zealand (725.5K units)
  2. Malaysia (94.8K units)
  3. India (16.6K units)

Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia

After two years of decline, supplies from abroad of slide fasteners; fitted with chain scoops of base metals increased by 18% to 449K units in 2022. Over the period under review, imports, however, recorded a abrupt setback. Over the period under review, imports of attained the peak figure at 532K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals soared to $281K in 2022. In general, imports, however, showed a slight decline. Imports peaked at $296K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China164130103135-6.3%
United StatesN/A53.156.544.6-8.4%
Japan18.711.411.538.226.9%
Hong Kong SAR88.78.37.124.1-35.2%
Taiwan (Chinese)5.10.921.614.040.0%
VietnamN/A2.10.912.8146.9%
Switzerland9.92.69.33.8-27.3%
Others9.59.15.78.2-4.8%
Total296218216281-1.7%

Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to Australia in 2022:

  1. China (216.2K units)
  2. United States (71.2K units)
  3. Japan (61.0K units)
  4. Hong Kong SAR (38.5K units)
  5. Taiwan (Chinese) (22.3K units)
  6. Vietnam (20.4K units)
  7. Switzerland (6.0K units)

Source: IndexBox Market Intelligence Platform

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