Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia - 2022

Contents:

  1. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia (CIF) - 2022
  2. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia (FOB) - 2022
  3. Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia
  4. Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia (CIF) - 2022

The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $6,822 per ton in February 2022, jumping by 80% against the previous month. Over the period under review, the import price, however, showed a slight slump. The pace of growth was the most pronounced in April 2021 when the average import price increased by 411% month-to-month. As a result, import price reached the peak level of $15,946 per ton. From May 2021 to February 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Taiwan (Chinese) ($19,695 per ton), while the price for China stood at $5,765 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.5%).

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia (FOB) - 2022

The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $19,882 per ton in 2022, growing by 6.6% against the previous year. Over the period under review, the export price, however, recorded a pronounced decline. The export price peaked at $28,130 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($46,144 per ton), while the average price for exports to Mexico ($15,850 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia

Imports of press-fasteners, snap-fasteners, press-studs and parts therefor into Colombia soared to 377 tons in 2022, with an increase of 699% compared with the previous year's figure. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor soared to $1.9M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13771.41071,400117.0%
Taiwan (Chinese)24815326735012.2%
United States11482.2122112-0.6%
Japan1421128.717.5-50.2%
Others15162.995.947.7-31.9%
Total7924816001,92734.5%

Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Colombia in 2022:

  1. China (353.4 tons)
  2. Taiwan (Chinese) (18.8 tons)
  3. United States (2.2 tons)
  4. Japan (0.8 tons)

Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia

In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor exported from Colombia expanded markedly to 23 tons, surging by 15% compared with 2021. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor soared to $450K in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1521541511642.6%
Ecuador73.749.888.714124.1%
Honduras44.520.551.444.2-0.2%
Guatemala6.74.415.239.680.8%
Costa Rica25.335.323.923.2-2.8%
El Salvador1.87.91.616.3108.4%
Peru11246.115.38.5-57.7%
Dominican Republic4.810.45.93.4-10.9%
Others5.51.314.610.624.4%
Total4263303684501.8%

Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Colombia in 2022:

  1. Mexico (10.3 tons)
  2. Ecuador (7.3 tons)
  3. Honduras (1.5 tons)
  4. Costa Rica (1.1 tons)
  5. Guatemala (1.1 tons)
  6. Peru (0.5 tons)
  7. El Salvador (0.4 tons)
  8. Dominican Republic (0.2 tons)

Source: IndexBox Market Intelligence Platform

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