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

Contents:

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

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

In 2022, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $0.2 per unit, growing by 13% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for slide fasteners; fitted with chain scoops of base metals increased by +44.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. The import price peaked at $0.3 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($1.5 per unit), while the price for China ($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 Hong Kong SAR (+9.1%), 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 Thailand (FOB) - 2022

In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.4 per unit, with a decrease of -8.5% against the previous year. In general, the export price, however, showed resilient growth. The growth pace was the most rapid in 2019 when the average export price increased by 73% against the previous year. As a result, the export price attained the peak level of $0.7 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($2.2 per unit), while the average price for exports to Myanmar ($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 Bulgaria (+40.7%), 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 Thailand

In 2022, approx. 22M units of slide fasteners; fitted with chain scoops of base metals were imported into Thailand; with an increase of 19% compared with the previous year's figure. In general, imports, however, saw a abrupt decrease. Over the period under review, imports of hit record highs at 28M 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 soared to $4.8M in 2022. Over the period under review, imports, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, imports of reached the maximum at $5.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.51.92.33.60.9%
VietnamN/A0.10.30.373.2%
Taiwan (Chinese)0.4N/A0.20.3-9.1%
Others1.10.60.80.7-14.0%
Total5.12.63.64.8-2.0%

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

  1. China (20.5M units)
  2. Vietnam (0.4M units)
  3. Taiwan (Chinese) (0.3M units)

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

In 2022, the amount of slide fasteners; fitted with chain scoops of base metals exported from Thailand amounted to 4.1M units, rising by 10% on 2021 figures. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.4% 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 +83.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals reached $1.7M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia1,1117021,0521,080-0.9%
Myanmar0.8333342361667.0%
Hong Kong SAR57.458.811596.218.8%
Singapore67.732.116.660.2-3.8%
EgyptN/A2.523.028.1235.3%
Lao People's Democratic Republic72.674.225.122.4-32.4%
Vietnam87.221.521.515.2-44.1%
Bulgaria16.410.215.90.6-66.8%
Others41.628.893.455.810.3%
Total1,4541,2631,7041,7195.7%

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

  1. Myanmar (1781.8K units)
  2. Cambodia (1697.4K units)
  3. Hong Kong SAR (169.2K units)
  4. Egypt (111.9K units)
  5. Singapore (106.2K units)
  6. Lao People's Democratic Republic (45.5K units)
  7. Vietnam (43.6K units)
  8. Bulgaria (0.3K units)

Source: IndexBox Market Intelligence Platform

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