Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR - 2023
Contents:
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR (FOB) - 2022
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR (CIF) - 2023
- Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR
- Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR (FOB) - 2022
The average export price for slide fasteners; fitted with chain scoops of base metals stood at $0.5 per unit in 2022, increasing by 6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2019 an increase of 12%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($0.7 per unit), while the average price for exports to China ($0.3 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 Sri Lanka (+5.9%), 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 Hong Kong SAR (CIF) - 2023
In November 2023, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $258 per thousand units, reducing by -6.9% against the previous month. Overall, the import price continues to indicate a mild reduction. The growth pace was the most rapid in December 2022 when the average import price increased by 30% m-o-m. As a result, import price reached the peak level of $0.4 per unit. From January 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($683 per thousand units), while the price for China ($241 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.3%), while the prices for the other major suppliers experienced a decline.
Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR
Exports of slide fasteners; fitted with chain scoops of base metals from Hong Kong SAR fell sharply to 112M units in 2022, with a decrease of -21.9% on 2021. In general, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. The exports peaked at 222M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of slide fasteners; fitted with chain scoops of base metals shrank rapidly to $51M in 2022. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of attained the maximum at $86M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 20.0 | 12.7 | 12.6 | 11.2 | -17.6% |
Cambodia | 8.6 | 6.3 | 9.1 | 7.0 | -6.6% |
China | 19.1 | 9.3 | 7.1 | 5.6 | -33.6% |
Bangladesh | 8.0 | 5.1 | 6.0 | 4.6 | -16.8% |
Indonesia | 5.4 | 2.6 | 4.8 | 3.6 | -12.6% |
India | 4.2 | 3.2 | 3.3 | 3.3 | -7.7% |
Philippines | 4.7 | 1.6 | 3.6 | 2.4 | -20.1% |
Sri Lanka | 1.6 | 0.9 | 2.0 | 2.3 | 12.9% |
Pakistan | 2.0 | 1.4 | 2.2 | 1.3 | -13.4% |
Madagascar | 0.9 | 0.9 | 1.0 | 0.7 | -8.0% |
Myanmar | N/A | N/A | N/A | 0.7 | 0% |
Jordan | 2.0 | 1.2 | 1.6 | 0.5 | -37.0% |
Others | 9.8 | 5.2 | 7.5 | 7.3 | -9.4% |
Total | 86.3 | 50.4 | 60.9 | 50.7 | -16.2% |
Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from Hong Kong SAR in 2022:
- Vietnam (21.9M units)
- Cambodia (18.1M units)
- China (17.5M units)
- Bangladesh (12.2M units)
- Indonesia (9.9M units)
- India (5.9M units)
- Philippines (4.8M units)
- Pakistan (3.9M units)
- Sri Lanka (3.5M units)
- Madagascar (1.8M units)
- Myanmar (1.7M units)
- Jordan (1.0M units)
Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR
Imports of slide fasteners; fitted with chain scoops of base metals into Hong Kong SAR contracted significantly to 96M units in 2022, shrinking by -31.7% on the previous year. In general, imports recorded a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, imports of hit record highs at 199M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of slide fasteners; fitted with chain scoops of base metals declined significantly to $26M in 2022. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of $38M, and then dropped significantly in the following year.
Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 25.6 | 19.6 | 34.5 | 22.2 | -4.6% |
Taiwan (Chinese) | 3.4 | 1.6 | 1.3 | 1.3 | -27.4% |
Japan | 2.8 | 1.3 | 1.2 | 1.1 | -26.8% |
Vietnam | 0.1 | 0.2 | 0.1 | 0.6 | 81.7% |
Others | 3.4 | 1.2 | 1.2 | 0.4 | -51.0% |
Total | 35.3 | 23.8 | 38.2 | 25.6 | -10.2% |
Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to Hong Kong SAR in 2022:
- China (86.8M units)
- Taiwan (Chinese) (4.5M units)
- Vietnam (2.3M units)
- Japan (1.8M units)
This report provides an in-depth analysis of the market for chain scoops and sliders in Hong Kong SAR, China.
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This report provides an in-depth analysis of the market for chain scoops and sliders in Hong Kong SAR, China.
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