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

Contents:

1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Pakistan (CIF) - 2023
2. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Pakistan (FOB) - 2022
3. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Pakistan
4. Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Pakistan

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Pakistan (CIF) - 2023

In July 2023, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $16.0 per thousand units, with a decrease of -76.1% against the previous month. Overall, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 31% against the previous month. The import price peaked at $105 per thousand units in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Indonesia ($462 per thousand units), while the price for China ($13.0 per thousand units) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+14.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.1 per unit, rising by 57% against the previous year. Overall, the export price enjoyed a strong expansion. The growth pace was the most rapid in 2019 an increase of 130% against the previous year. As a result, the export price reached the peak level of $0.1 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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 Bangladesh ($0.2 per unit), while the average price for exports to Greece (less than $0.1 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 Italy (+75.0%), 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 Pakistan

In 2022, imports of slide fasteners; fitted with chain scoops of base metals into Pakistan dropped to 16M units, declining by -7.9% on the previous year. Overall, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year. Imports peaked at 44M 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 fell markedly to $1.5M in 2022. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports of hit record highs at $2.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (12.8M units)
2. Taiwan (Chinese) (1.6M units)
3. Indonesia (0.9M units)
4. Japan (0.5M units)

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

In 2022, shipments abroad of slide fasteners; fitted with chain scoops of base metals decreased by -12% to 181K units, falling for the second consecutive year after two years of growth. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 90,422% against the previous year. As a result, the exports attained the peak of 242K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals surged to $21K in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 49,312% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. United States (52.8K units)
2. United Arab Emirates (29.6K units)
3. Greece (26.7K units)
4. Germany (23.6K units)
5. Australia (22.9K units)
6. Bangladesh (14.5K units)
7. United Kingdom (5.9K units)

Source: IndexBox Market Intelligence Platform