Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium - 2023
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium (FOB) - 2023
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $10,603 per ton, which is down by -15.4% against the previous year. Overall, the import price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2013 an increase of 36% against the previous year. Over the period under review, average import prices reached the peak figure at $25,381 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($36,013 per ton), while the price for Germany ($5,331 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium (FOB) - 2023
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $34,976 per ton in August 2023, waning by -14% against the previous month. Over the period under review, export price indicated a mild increase from October 2022 to August 2023: its price increased at an average monthly rate of +1.3% 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 +8.8% against June 2023 indices. The pace of growth appeared the most rapid in February 2023 an increase of 50% against the previous month. Over the period under review, the average export prices attained the peak figure at $40,670 per ton in July 2023, and then fell in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Tunisia ($115K per ton), while the average price for exports to Kosovo ($34,263 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 Bangladesh (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium
In 2022, approx. 285 tons of press-fasteners, snap-fasteners, press-studs and parts therefor were imported into Belgium; with an increase of 22% against the year before. Over the period under review, imports recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor rose modestly to $3M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,213 | 1,067 | 1,369 | 1,078 | -3.9% |
| France | 355 | 632 | 926 | 841 | 33.3% |
| Spain | 0.2 | 0.5 | 125 | 485 | 1243.5% |
| Netherlands | 306 | 276 | 323 | 246 | -7.0% |
| China | 45.3 | 70.5 | 84.0 | 186 | 60.1% |
| Turkey | 56.5 | 140 | 48.9 | 51.8 | -2.9% |
| Others | 119 | 81.2 | 56.2 | 131 | 3.3% |
| Total | 2,094 | 2,267 | 2,931 | 3,019 | 13.0% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Belgium in 2022:
- Germany (202.3 tons)
- France (44.7 tons)
- Spain (13.5 tons)
- China (9.8 tons)
- Netherlands (9.3 tons)
- Turkey (1.7 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium
Exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Belgium amounted to 94 tons in 2022, remaining relatively unchanged against 2021. The total export volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 28%. As a result, the exports reached the peak of 96 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor reduced to $2.7M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports attained the peak of $3M, and then declined in the following year.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 573 | 591 | 1,022 | 862 | 14.6% |
| France | 490 | 591 | 635 | 552 | 4.1% |
| Germany | 16.6 | 44.3 | 62.2 | 230 | 140.2% |
| Spain | 5.9 | 14.5 | 28.3 | 93.1 | 150.8% |
| Bangladesh | 42.0 | 99.5 | 63.5 | 85.0 | 26.5% |
| Morocco | 113 | 220 | 139 | 79.3 | -11.1% |
| Austria | 16.8 | 4.8 | 28.1 | 66.9 | 58.5% |
| Indonesia | 43.3 | 74.3 | 155 | 56.3 | 9.1% |
| Pakistan | 35.1 | 27.5 | 61.4 | 55.7 | 16.6% |
| Myanmar | N/A | 36.0 | 80.2 | 55.7 | 24.4% |
| Netherlands | 10.2 | 8.9 | 15.6 | 45.9 | 65.1% |
| Ukraine | N/A | 30.7 | 160 | 44.3 | 20.1% |
| Italy | 8.2 | 9.2 | 22.8 | 42.6 | 73.2% |
| Others | 459 | 544 | 566 | 407 | -3.9% |
| Total | 1,813 | 2,296 | 3,039 | 2,675 | 13.8% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Belgium in 2022:
- France (25.4 tons)
- Tunisia (18.7 tons)
- Germany (9.7 tons)
- Myanmar (5.3 tons)
- Morocco (3.8 tons)
- Bangladesh (3.5 tons)
- Netherlands (3.4 tons)
- Pakistan (2.4 tons)
- Indonesia (2.3 tons)
- Spain (2.3 tons)
- Austria (2.1 tons)
- Ukraine (1.7 tons)
- Italy (1.7 tons)
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