Price for Slide Fasteners and Parts Thereof in Switzerland - 2023

Contents:

1. Price for Slide Fasteners and Parts Thereof in Switzerland (FOB) - 2023
2. Price for Slide Fasteners and Parts Thereof in Switzerland (CIF) - 2023
3. Exports of Slide Fasteners and Parts Thereof in Switzerland
4. Imports of Slide Fasteners and Parts Thereof in Switzerland

Price for Slide Fasteners and Parts Thereof in Switzerland (FOB) - 2023

The average export price for slide fasteners and parts thereoves stood at $1.6 per unit in August 2023, waning by -1.9% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 23% against the previous month. As a result, the export price reached the peak level of $2.0 per unit. From May 2023 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($3.9 per unit), while the average price for exports to Portugal ($1.1 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Slide Fasteners and Parts Thereof in Switzerland (CIF) - 2023

In August 2023, the average import price for slide fasteners and parts thereoves amounted to $1.1 per unit, growing by 5.9% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices hit record highs in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($1.2 per unit), while the price for Belgium ($417 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Slide Fasteners and Parts Thereof in Switzerland

Slide fasteners and parts thereof exports from Switzerland skyrocketed to 62M units in 2022, with an increase of 20% against 2021. Overall, exports, however, recorded a relatively flat trend pattern. The exports peaked at 63M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof exports expanded sharply to $95M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Slide Fasteners and Parts Thereof from Switzerland in 2022:

1. Italy (38.8M units)
2. Belgium (7.2M units)
3. Indonesia (2.2M units)
4. Portugal (1.8M units)
5. France (1.6M units)
6. Germany (1.3M units)
7. Spain (1.2M units)
8. North Macedonia (1.1M units)
9. United States (1.1M units)

Imports of Slide Fasteners and Parts Thereof in Switzerland

In 2022, imports of slide fasteners and parts thereoves into Switzerland soared to 61M units, growing by 24% on the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 +69.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, slide fasteners and parts thereof imports soared to $46M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Slide Fasteners and Parts Thereof to Switzerland in 2022:

1. Italy (42.5M units)
2. China (10.8M units)
3. Germany (2.8M units)
4. Belgium (0.7M units)

Source: IndexBox Market Intelligence Platform