Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil - 2024
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil (CIF) - 2024
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil (FOB) - 2024
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil (CIF) - 2024
The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $2,236 per ton in September 2023, approximately equating the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 52% month-to-month. The import price peaked at $4,061 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to September 2023, the rate of growth in terms of prices for China amounted to +0.0% per month.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil (FOB) - 2024
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $28,929 per ton in September 2023, shrinking by -56.5% against the previous month. Over the period under review, the export price showed a noticeable decline. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 156% m-o-m. As a result, the export price attained the peak level of $66,556 per ton, and then shrank sharply in the following month.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Paraguay ($44,756 per ton), while the average price for exports to Argentina ($27,118 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+4.5%), 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 Brazil
In 2022, approx. 422 tons of press-fasteners, snap-fasteners, press-studs and parts therefor were imported into Brazil; with an increase of 120% against 2021. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor surged to $1.5M in 2022. In general, imports posted a significant increase. 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 Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 444 | 286 | 377 | 816 | 22.5% |
| Hong Kong SAR | 3.2 | 10.8 | 28.7 | 151 | 261.4% |
| Others | 292 | 146 | 302 | 534 | 22.3% |
| Total | 739 | 442 | 708 | 1,502 | 26.7% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Brazil in 2022:
- China (343.2 tons)
- Hong Kong SAR (68.9 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil
Exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Brazil contracted significantly to 34 tons in 2022, which is down by -19.5% compared with the year before. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% 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 +45.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. As a result, the exports reached the peak of 42 tons, and then declined notably in the following year.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor shrank to $868K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +57.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, the exports reached the peak of $926K, and then contracted in the following year.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 271 | 252 | 364 | 424 | 16.1% |
| Peru | 56.2 | 61.1 | 157 | 188 | 49.6% |
| Paraguay | 55.2 | 47.7 | 107 | 76.5 | 11.5% |
| Bolivia | 49.0 | 26.7 | 54.6 | 65.9 | 10.4% |
| South Africa | 16.6 | 49.6 | 104 | 44.5 | 38.9% |
| Chile | 38.6 | 43.2 | 73.0 | 27.4 | -10.8% |
| Mexico | N/A | 0.9 | 14.0 | 5.2 | 140.4% |
| Colombia | 83.5 | 24.8 | 8.0 | 0.3 | -84.7% |
| Others | 49.1 | 46.4 | 45.2 | 35.8 | -10.0% |
| Total | 620 | 553 | 926 | 868 | 11.9% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Brazil in 2022:
- Argentina (16.9 tons)
- Peru (6.4 tons)
- Paraguay (3.8 tons)
- Bolivia (2.5 tons)
- South Africa (1.9 tons)
- Chile (1.1 tons)
- Mexico (0.5 tons)
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