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

Contents:

  1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in South Africa (CIF) - 2022
  2. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in South Africa (FOB) - 2024
  3. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in South Africa
  4. Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in South Africa

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

In 2022, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $0.2 per unit, with a decrease of -17.6% against the previous year. In general, the import price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 57% against the previous year. The import price peaked at $0.3 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Swaziland ($0.3 per unit), while the price for China stood at $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+0.7%).

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in South Africa (FOB) - 2024

In January 2024, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $117 per thousand units, shrinking by -30.1% against the previous month. In general, the export price, however, showed prominent growth. The pace of growth was the most pronounced in March 2023 when the average export price increased by 363% month-to-month. The export price peaked at $292 per thousand units in November 2023; however, from December 2023 to January 2024, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Zimbabwe ($310 per thousand units), while the average price for exports to Lesotho totaled $99.0 per thousand units.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+28.0%), 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 South Africa

In 2022, imports of slide fasteners; fitted with chain scoops of base metals into South Africa soared to 16M units, growing by 26% against 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals rose slightly to $3.1M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 63%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Swaziland2.51.82.92.83.8%
China0.1N/A0.10.344.2%
Others0.1N/AN/AN/A0%
Total2.61.83.03.16.0%

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

  1. Swaziland (11.0M units)
  2. China (4.5M units)

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

Exports of slide fasteners; fitted with chain scoops of base metals from South Africa skyrocketed to 13M units in 2022, growing by 158% on 2021 figures. In general, exports saw a significant increase. As a result, the exports attained 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 skyrocketed to $1.2M in 2022. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lesotho6182233531,00617.6%
Zimbabwe18.620.817.367.053.3%
Swaziland7.927.738.858.494.8%
Botswana79.622.215255.5-11.3%
Others8.050.033.741.773.4%
Total7323435961,22918.9%

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

  1. Lesotho (12.6M units)
  2. Swaziland (0.4M units)
  3. Zimbabwe (0.2M units)
  4. Botswana (0.2M units)

Source: IndexBox Market Intelligence Platform

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