Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in China - 2023
Contents:
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in China (FOB) - 2022
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in China (CIF) - 2022
- Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in China
- Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in China
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in China (FOB) - 2022
In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.2 per unit, with an increase of 1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2014 an increase of 25% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($0.4 per unit), while the average price for exports to Brazil ($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 India (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in China (CIF) - 2022
In 2022, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $0.5 per unit, with an increase of 4.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 19% against the previous year. As a result, import price attained the peak level of $0.5 per unit. From 2015 to 2022, the average 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 Switzerland ($2.9 per unit), while the price for South Korea ($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 Switzerland (+25.2%), 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 China
In 2022, exports of slide fasteners; fitted with chain scoops of base metals from China rose rapidly to 1.2B units, picking up by 15% on the previous year's figure. The total export volume increased at an average annual rate of +1.8% 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 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of slide fasteners; fitted with chain scoops of base metals surged to $301M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 30.8 | 24.2 | 34.1 | 39.7 | 8.8% |
| Myanmar | 0.7 | 21.5 | 23.3 | 29.4 | 247.6% |
| Cambodia | 19.6 | 13.9 | 23.1 | 25.6 | 9.3% |
| Hong Kong SAR | 34.9 | 22.2 | 30.3 | 23.1 | -12.9% |
| Brazil | 14.7 | 11.3 | 15.3 | 15.2 | 1.1% |
| Bangladesh | 13.1 | 8.3 | 13.1 | 14.0 | 2.2% |
| India | 11.5 | 7.0 | 8.4 | 13.8 | 6.3% |
| Pakistan | 11.7 | 9.1 | 13.0 | 12.5 | 2.2% |
| Kyrgyzstan | 0.2 | 0.4 | 1.4 | 9.4 | 260.9% |
| Indonesia | 5.9 | 4.8 | 6.9 | 7.8 | 9.8% |
| Mexico | 4.9 | 1.6 | 3.4 | 6.8 | 11.5% |
| Turkey | 2.9 | 2.1 | 4.6 | 6.7 | 32.2% |
| Egypt | 6.4 | 6.0 | 6.1 | 5.3 | -6.1% |
| Others | 63.8 | 61.2 | 75.6 | 91.7 | 12.9% |
| Total | 221 | 194 | 259 | 301 | 10.8% |
Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from China in 2022:
- Vietnam (132.8M units)
- Myanmar (99.8M units)
- Brazil (99.4M units)
- Cambodia (82.8M units)
- Hong Kong SAR (61.2M units)
- Bangladesh (58.0M units)
- Kyrgyzstan (51.0M units)
- India (46.9M units)
- Pakistan (42.7M units)
- Mexico (37.8M units)
- Turkey (37.8M units)
- Indonesia (35.0M units)
- Egypt (34.2M units)
Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in China
In 2022, imports of slide fasteners; fitted with chain scoops of base metals into China dropped remarkably to 21M units, declining by -21.9% against 2021 figures. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 6.3%. Over the period under review, imports of hit record highs at 37M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of slide fasteners; fitted with chain scoops of base metals shrank markedly to $9.6M in 2022. In general, imports recorded a abrupt downturn. The smallest decline of -0.2% was in 2021. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 9.6 | 5.5 | 5.3 | 4.8 | -20.6% |
| Taiwan (Chinese) | 2.8 | 2.1 | 1.5 | 1.2 | -24.6% |
| Hong Kong SAR | 2.5 | 1.3 | 1.7 | 0.5 | -41.5% |
| Vietnam | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| South Korea | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
| Germany | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 1.9 | 2.4 | 2.4 | 2.1 | 3.4% |
| Total | 17.5 | 11.8 | 11.7 | 9.6 | -18.1% |
Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to China in 2022:
- Japan (10.0M units)
- Taiwan (Chinese) (4.5M units)
- South Korea (2.7M units)
- Hong Kong SAR (1.4M units)
- Vietnam (0.7M units)
- Germany (0.3M units)
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