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

Contents:

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

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

In June 2023, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $206 per thousand units, dropping by -30.3% against the previous month. Overall, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in April 2023 an increase of 57% month-to-month. The import price peaked at $389 per thousand units in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Turkey ($656 per thousand units), while the price for China ($111 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Portugal (+5.6%), 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 Morocco (FOB) - 2022

The average export price for slide fasteners; fitted with chain scoops of base metals stood at $0.9 per unit in 2022, with a decrease of -14.7% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for slide fasteners; fitted with chain scoops of base metals increased by +23.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 59%. The export price peaked at $1.4 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Portugal ($1.5 per unit), while the average price for exports to Italy ($0.3 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 Cote d'Ivoire (+24.3%), 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 Morocco

Imports of slide fasteners; fitted with chain scoops of base metals into Morocco fell to 14M units in 2022, dropping by -8.5% against the previous year. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, imports of attained the maximum at 27M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals contracted to $3.8M in 2022. Over the period under review, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 30%. Imports peaked at $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 Morocco in 2022:

1. China (8.2M units)
2. Tunisia (1.2M units)
3. Spain (1.2M units)
4. Portugal (1.1M units)
5. Turkey (0.9M units)
6. Egypt (0.7M units)
7. Italy (0.4M units)

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

In 2022, overseas shipments of slide fasteners; fitted with chain scoops of base metals decreased by -55.9% to 20K units, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 15% against the previous year. As a result, the exports attained the peak of 185K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals dropped notably to $18K in 2022. Overall, exports saw a dramatic contraction. The smallest decline of -15.1% was in 2020. The exports peaked at $166K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Spain (17.5K units)
2. Tunisia (0.7K units)
3. France (0.4K units)
4. Italy (0.1K units)
5. Portugal (0.1K units)

Source: IndexBox Market Intelligence Platform