Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Sri Lanka - 2022

Contents:

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

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

In 2022, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $0.3 per unit, increasing by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21%. As a result, import price attained the peak level of $0.5 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), 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 Sri Lanka (FOB) - 2022

In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.4 per unit, growing by 31% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 36%. Over the period under review, the average export prices attained the maximum at $0.4 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($0.4 per unit), while the average price for exports to Maldives (less than $0.1 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 Mauritius (+54.6%), 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 Sri Lanka

Imports of slide fasteners; fitted with chain scoops of base metals into Sri Lanka dropped slightly to 18M units in 2022, waning by -2.2% compared with 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +60.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of 18M units, and then fell slightly in the following year.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals expanded notably to $5.6M in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 85% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. China (12.3M units)
2. Hong Kong SAR (2.1M units)
3. Taiwan (Chinese) (1.9M units)
4. India (0.6M units)
5. Canada (0.3M units)
6. Bangladesh (0.3M units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of slide fasteners; fitted with chain scoops of base metals, when their volume decreased by -85.4% to 233K units. Over the period under review, exports recorded a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 68%. The exports peaked at 1.6M units in 2021, and then dropped notably in the following year.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals shrank remarkably to $85K in 2022. In general, exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2020 when exports increased by 81%. Over the period under review, the exports of hit record highs at $445K in 2021, and then fell sharply in the following year.

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

1. Ethiopia (98.3K units)
2. Bangladesh (86.6K units)
3. Maldives (20.4K units)
4. Indonesia (14.1K units)
5. United Kingdom (8.2K units)
6. India (3.9K units)

Source: IndexBox Market Intelligence Platform