Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia - 2022
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia (CIF) - 2022
The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $20,582 per ton in March 2022, increasing by 54% against the previous month. Overall, the import price, however, recorded a noticeable decline. The import price peaked at $26,156 per ton in March 2021; however, from April 2021 to March 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($56,342 per ton), while the price for Vietnam ($12,769 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 Hong Kong SAR (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia (FOB) - 2022
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $10,956 per ton in 2022, with a decrease of -26.2% against the previous year. Over the period under review, the export price saw a slight curtailment. The pace of growth was the most pronounced in 2019 an increase of 23% against the previous year. Over the period under review, the average export prices attained the maximum at $14,855 per ton in 2021, and then shrank markedly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($36,038 per ton), while the average price for exports to New Zealand ($1,879 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+17.8%), 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 Indonesia
Imports of press-fasteners, snap-fasteners, press-studs and parts therefor into Indonesia skyrocketed to 1.3K tons in 2022, jumping by 27% on the previous year. In general, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% 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 +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. Over the period under review, imports of reached the maximum 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 rose remarkably to $20M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 27%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 5.0 | 6.8 | 7.6 | 9.4% |
| Hong Kong SAR | 4.6 | 2.2 | 3.1 | 3.4 | -9.6% |
| South Korea | 3.9 | 2.9 | 3.4 | 3.2 | -6.4% |
| Japan | 1.8 | 1.5 | 1.8 | 1.9 | 1.8% |
| Singapore | 0.6 | 0.5 | 0.2 | 1.7 | 41.5% |
| Taiwan (Chinese) | 1.4 | 0.7 | 0.9 | 1.0 | -10.6% |
| Vietnam | 0.1 | 0.3 | 1.0 | 0.3 | 44.2% |
| Others | 0.6 | 0.7 | 0.5 | 0.8 | 10.1% |
| Total | 18.8 | 13.9 | 17.7 | 19.8 | 1.7% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Indonesia in 2022:
- China (814.8 tons)
- South Korea (189.5 tons)
- Hong Kong SAR (86.8 tons)
- Japan (74.3 tons)
- Taiwan (Chinese) (38.5 tons)
- Singapore (27.7 tons)
- Vietnam (27.4 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia
After two years of decline, shipments abroad of press-fasteners, snap-fasteners, press-studs and parts therefor increased by 25% to 22 tons in 2022. In general, exports, however, continue to indicate a precipitous setback.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor shrank to $245K in 2022. Overall, exports, however, recorded a precipitous decline. The smallest decline of -7.4% was in 2020.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 20.4 | 3.8 | 36.8 | 56.9 | 40.8% |
| Italy | 117 | 117 | 22.2 | 50.3 | -24.5% |
| India | 1.4 | 33.2 | N/A | 48.9 | 226.9% |
| Vietnam | 9.0 | 42.5 | 26.2 | 25.5 | 41.5% |
| New Zealand | 62.1 | 1.6 | N/A | 17.9 | -33.9% |
| China | 75.5 | 3.3 | 4.9 | 15.3 | -41.3% |
| United States | 1,147 | 733 | 30.9 | 9.4 | -79.8% |
| Japan | 592 | 714 | 28.8 | 4.5 | -80.3% |
| Malaysia | 102 | 34.8 | N/A | 0.1 | -90.1% |
| Germany | 954 | 1,054 | 37.6 | N/A | -80.1% |
| France | 131 | 43.8 | 2.9 | N/A | -85.1% |
| Turkey | 30.1 | 135 | 1.1 | N/A | -80.9% |
| Brazil | 266 | 137 | N/A | N/A | -48.5% |
| Others | 307 | 480 | 73.0 | 15.7 | -62.9% |
| Total | 3,817 | 3,534 | 265 | 245 | -60.0% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Indonesia in 2022:
- New Zealand (9.5 tons)
- Italy (3.7 tons)
- Singapore (2.9 tons)
- China (1.9 tons)
- India (1.4 tons)
- Vietnam (0.9 tons)
- United States (0.6 tons)
- Japan (0.2 tons)
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