Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt - 2023
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $27,768 per ton, approximately equating the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $30,282 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($27,769 per ton) and China ($27,768 per ton), while the price for Hong Kong SAR ($27,757 per ton) and Germany ($27,758 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.5%), 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 Egypt (FOB) - 2022
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $37,048 per ton in 2022, approximately equating the previous year. In general, the export price showed noticeable growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 49% against the previous year. The export price peaked at $39,587 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($37,059 per ton) and Italy ($37,057 per ton), while the average price for exports to Spain ($36,956 per ton) and Kenya ($37,033 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.6%), 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 Egypt
After two years of decline, purchases abroad of press-fasteners, snap-fasteners, press-studs and parts therefor increased by 60% to 45 tons in 2022. Overall, imports, however, faced a deep contraction.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor soared to $1.2M in 2022. In general, imports, however, faced a precipitous decrease.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,223 | 374 | 128 | 728 | -15.9% |
| Turkey | 611 | 155 | 424 | 463 | -8.8% |
| Taiwan (Chinese) | 14.5 | 7.2 | 9.0 | 22.9 | 16.5% |
| Germany | 244 | 175 | 164 | 12.7 | -62.7% |
| Hong Kong SAR | 330 | 13.2 | 5.8 | 10.3 | -68.5% |
| Others | 105 | 32.6 | 51.7 | 0.7 | -81.2% |
| Total | 2,527 | 757 | 783 | 1,238 | -21.2% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Egypt in 2022:
- China (26.2 tons)
- Turkey (16.7 tons)
- Taiwan (Chinese) (0.8 tons)
- Germany (0.5 tons)
- Hong Kong SAR (0.4 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt
After three years of growth, overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -91.1% to 1.1 tons in 2022. Overall, exports saw a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 233%. As a result, the exports reached the peak of 12 tons, and then fell dramatically in the following year.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor dropped rapidly to $40K in 2022. Over the period under review, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 265%.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 4.1 | 14.3 | 248.8% |
| Kenya | N/A | 10.6 | 29.6 | 12.5 | 8.6% |
| Spain | N/A | 10.3 | 65.9 | 6.7 | -19.3% |
| Vietnam | 7.3 | 49.2 | 217 | 3.7 | -20.3% |
| Turkey | N/A | 17.4 | 25.3 | 2.8 | -59.9% |
| China | N/A | 31.2 | 20.1 | N/A | -35.6% |
| Germany | 12.6 | N/A | N/A | N/A | 0% |
| Cambodia | N/A | N/A | 31.1 | N/A | 0% |
| Others | 14.9 | 8.5 | 62.2 | 0.4 | -70.1% |
| Total | 34.9 | 127 | 455 | 40.4 | 5.0% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Egypt in 2022:
- Italy (386.0 kg)
- Kenya (337.0 kg)
- Spain (180.0 kg)
- Vietnam (101.0 kg)
- Turkey (76.0 kg)
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