Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Lithuania - 2023

Contents:

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

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

The average import price for slide fasteners; fitted with chain scoops of base metals stood at $1.2 per unit in 2022, picking up by 27% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 UK ($3 per unit), while the price for Latvia ($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 (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for slide fasteners; fitted with chain scoops of base metals stood at $0.6 per unit in 2022, with a decrease of -3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the maximum at $0.6 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($3.3 per unit), while the average price for exports to Poland ($0.4 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 Romania (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of slide fasteners; fitted with chain scoops of base metals imported into Lithuania shrank to 926K units, waning by -12.6% on 2021. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 7.5% against the previous year. Imports peaked at 1.2M 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 rose rapidly to $1.1M in 2022. In general, imports showed a mild decline. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4604343575556.5%
Italy10454.470.41060.6%
France45.544.881.386.023.6%
Sweden58.947.255.975.28.5%
United Kingdom13110811868.9-19.3%
Poland14681.214366.5-23.1%
China30.524.114.227.4-3.5%
Turkey14.414.620.227.023.3%
Denmark13013632.413.6-52.9%
GreeceN/AN/AN/A12.60%
Latvia6.510.230.410.316.6%
Belgium10.826.215.09.5-4.2%
Netherlands2.62.00.28.447.8%
Others70.636.692.380.74.6%
Total1,2101,0191,0311,146-1.8%

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

  1. Germany (260.7K units)
  2. Latvia (132.4K units)
  3. Italy (116.1K units)
  4. Sweden (83.5K units)
  5. Poland (75.1K units)
  6. Denmark (35.7K units)
  7. France (35.7K units)
  8. China (32.2K units)
  9. Belgium (30.8K units)
  10. Turkey (30.3K units)
  11. United Kingdom (23.3K units)
  12. Greece (21.0K units)
  13. Netherlands (15.0K units)

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

In 2022, the amount of slide fasteners; fitted with chain scoops of base metals exported from Lithuania surged to 615K units, rising by 52% on the previous year's figure. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals soared to $381K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus12881.287.31280.0%
Ukraine6.08.36.068.6125.3%
Russia42.345.242.960.112.4%
Poland61.749.637.948.4-7.8%
RomaniaN/AN/A36.239.07.7%
Norway0.10.10.19.5356.3%
Latvia8.75.515.58.5-0.8%
Denmark5.61.820.92.0-29.1%
Others18.716.012.616.4-4.3%
Total27120825938112.0%

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

  1. Belarus (221.1K units)
  2. Poland (117.3K units)
  3. Ukraine (107.3K units)
  4. Russia (89.1K units)
  5. Norway (19.9K units)
  6. Latvia (17.4K units)
  7. Romania (11.7K units)
  8. Denmark (2.8K units)

Source: IndexBox Market Intelligence Platform

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