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

Contents:

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

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

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $14,402 per ton, which is down by -19.7% against the previous year. Over the period under review, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 62% against the previous year. The import price peaked at $19,513 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 South Korea ($71,000 per ton), while the price for Taiwan (Chinese) ($8,506 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+38.1%), 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 Chile (FOB) - 2022

In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $36,963 per ton, with an increase of 21% against the previous year. Overall, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 440% against the previous year. As a result, the export price attained the peak level of $69,400 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($37,003 per ton), while the average price for exports to Bolivia stood at $13,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+1.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor imported into Chile rose to 15 tons, growing by 1.9% against the previous year. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 106% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor dropped remarkably to $219K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 +55.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 89%. As a result, imports reached the peak of $267K, and then reduced notably in the following year.

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

1. China (6.8 tons)
2. Taiwan (Chinese) (5.6 tons)
3. Brazil (1.4 tons)
4. United States (0.6 tons)
5. Turkey (0.5 tons)
6. Japan (0.1 tons)

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

For the fourth consecutive year, Chile recorded growth in overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor, which increased by 3,063% to 601 kg in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached 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 skyrocketed to $22K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Paraguay (600.0 kg)
2. Bolivia (1.0 kg)

Source: IndexBox Market Intelligence Platform