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

Contents:

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

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

In March 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $5,889 per ton, dropping by -23.3% against the previous month. Over the period under review, the import price saw a slight decrease. The pace of growth was the most pronounced in January 2022 when the average import price increased by 133% m-o-m. The import price peaked at $12,938 per ton in May 2021; however, from June 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($35,067 per ton), while the price for Turkey ($1,121 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $2,860 per ton, which is down by -33.5% against the previous year. In general, the export price saw a deep setback. The growth pace was the most rapid in 2013 when the average export price increased by 16%. As a result, the export price attained the peak level of $26,140 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -18.6% per year.

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

In 2022, imports of press-fasteners, snap-fasteners, press-studs and parts therefor into Belarus rose notably to 305 tons, picking up by 13% against 2021. Overall, imports, however, recorded a abrupt descent.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor soared to $2.6M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,2191,1101,2291,4365.6%
China4693284254972.0%
Turkey331182149254-8.4%
Others3942513494091.3%
Total2,4131,8712,1522,5962.5%

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

  1. Turkey (188.1 tons)
  2. China (69.7 tons)
  3. Russia (37.6 tons)

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

In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor exported from Belarus soared to 190 tons, growing by 231% on 2021. In general, exports showed a significant increase. As a result, the exports attained 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 $545K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia22722724553032.7%
Others12.95.52.414.84.7%
Total24023324854531.4%

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

  1. Russia (189.6 tons)

Source: IndexBox Market Intelligence Platform

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