Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Austria - 2023

Contents:

1. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Austria (FOB) - 2023
2. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Austria (CIF) - 2022
3. Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Austria
4. Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Austria

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Austria (FOB) - 2023

The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $58,777 per ton in August 2023, reducing by -2.4% against the previous month. Over the period under review, export price indicated a temperate increase from October 2022 to August 2023: its price increased at an average monthly rate of +4.8% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for press-fasteners, snap-fasteners, press-studs and parts therefor increased by +52.2% against February 2023 indices. The pace of growth appeared the most rapid in March 2023 an increase of 64% month-to-month. The export price peaked at $75,052 per ton in December 2022; however, from January 2023 to August 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was India ($163K per ton), while the average price for exports to Bosnia and Herzegovina ($19,708 per ton) was amongst the lowest.

From October 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $31,455 per ton in 2022, falling by -1.7% against the previous year. In general, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 an increase of 41% against the previous year. Over the period under review, average import prices attained the maximum at $40,800 per ton in 2014; however, from 2015 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 Switzerland ($180,890 per ton), while the price for Germany ($25,845 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third consecutive year, Austria recorded decline in shipments abroad of press-fasteners, snap-fasteners, press-studs and parts therefor, which decreased by -5.2% to 58 tons in 2022. In general, exports continue to indicate a abrupt setback. The smallest decline of -4.7% was in 2020.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted significantly to $2.5M in 2022. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. As a result, the exports reached the peak of $3.1M, and then fell markedly in the following year.

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

1. Slovakia (12.8 tons)
2. Bulgaria (11.6 tons)
3. Bosnia and Herzegovina (4.7 tons)
4. Hungary (4.7 tons)
5. North Macedonia (4.6 tons)
6. Pakistan (4.4 tons)
7. Slovenia (3.0 tons)
8. Switzerland (2.4 tons)
9. Croatia (2.1 tons)
10. Serbia (1.8 tons)
11. Germany (1.5 tons)
12. Poland (1.2 tons)
13. Romania (0.8 tons)

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

In 2022, purchases abroad of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -0.6% to 78 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 6.5% against the previous year. As a result, imports reached the peak of 79 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor declined to $2.5M in 2022. Over the period under review, imports continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 1.4%.

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

1. Germany (68.0 tons)
2. China (2.7 tons)
3. Belgium (1.9 tons)
4. Italy (1.0 tons)

Source: IndexBox Market Intelligence Platform