Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan - 2023
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan (FOB) - 2023
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan (CIF) - 2022
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan (FOB) - 2023
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $34,002 per ton in July 2023, therefore, remained relatively stable against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 9.5% month-to-month. As a result, the export price attained the peak level of $40,065 per ton. From May 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($65,227 per ton), while the average price for exports to India ($16,598 per ton) was amongst the lowest.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $13,721 per ton, declining by -13.7% against the previous year. In general, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 13%. As a result, import price attained the peak level of $15,904 per ton, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($34,517 per ton), while the price for Mexico ($6,960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan
In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor exported from Japan expanded to 2.8K tons, growing by 2% on the previous year. The total export volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor declined to $96M in 2022. Overall, exports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of $101M, and then shrank slightly in the following year.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.6 | 36.4 | 42.2 | 37.1 | -2.2% |
| Vietnam | 17.6 | 15.6 | 16.8 | 14.9 | -5.4% |
| South Korea | 6.1 | 5.7 | 5.8 | 6.1 | 0.0% |
| United States | 5.5 | 5.5 | 5.9 | 4.3 | -7.9% |
| Saudi Arabia | 3.7 | 2.7 | 2.2 | 4.1 | 3.5% |
| Myanmar | 0.5 | 0.3 | 0.4 | 3.8 | 96.6% |
| Pakistan | 2.9 | 2.7 | 3.7 | 3.6 | 7.5% |
| India | 3.1 | 2.1 | 2.5 | 3.3 | 2.1% |
| Netherlands | 2.4 | 1.2 | 2.0 | 2.3 | -1.4% |
| Bangladesh | 2.1 | 1.4 | 1.9 | 2.2 | 1.6% |
| Indonesia | 1.3 | 1.4 | 1.9 | 2.0 | 15.4% |
| Thailand | 2.9 | 1.9 | 2.6 | 2.0 | -11.6% |
| United Kingdom | 1.5 | 1.2 | 1.6 | 1.6 | 2.2% |
| Others | 9.6 | 8.8 | 11.0 | 8.4 | -4.4% |
| Total | 98.7 | 86.8 | 101 | 95.6 | -1.1% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Japan in 2022:
- China (832.7 tons)
- Vietnam (341.5 tons)
- Myanmar (226.8 tons)
- South Korea (202.2 tons)
- India (164.1 tons)
- United States (147.8 tons)
- Pakistan (125.2 tons)
- Saudi Arabia (120.9 tons)
- Netherlands (112.0 tons)
- Thailand (69.2 tons)
- United Kingdom (67.5 tons)
- Bangladesh (55.7 tons)
- Indonesia (43.5 tons)
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan
In 2022, after two years of decline, there was significant growth in purchases abroad of press-fasteners, snap-fasteners, press-studs and parts therefor, when their volume increased by 33% to 1.5K tons. Overall, imports, however, recorded a abrupt slump.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor rose remarkably to $20M in 2022. Over the period under review, imports, however, saw a abrupt curtailment.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.0 | 8.1 | 8.9 | 9.7 | -1.0% |
| South Korea | 1.8 | 1.4 | 1.6 | 3.8 | 28.3% |
| Taiwan (Chinese) | 2.2 | 2.6 | 2.9 | 3.5 | 16.7% |
| United States | 7.8 | 2.2 | 1.7 | 1.2 | -46.4% |
| Germany | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| Vietnam | 0.8 | 0.7 | 0.6 | 0.4 | -20.6% |
| Mexico | 1.4 | 1.4 | 0.6 | 0.3 | -40.2% |
| Indonesia | 0.6 | 0.7 | 0.1 | N/A | -59.2% |
| Others | 0.7 | 0.5 | 0.9 | 0.8 | 4.6% |
| Total | 25.7 | 17.8 | 17.6 | 20.3 | -7.6% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Japan in 2022:
- China (658.9 tons)
- South Korea (464.5 tons)
- Taiwan (Chinese) (214.4 tons)
- Mexico (49.8 tons)
- United States (35.1 tons)
- Germany (26.0 tons)
- Vietnam (14.5 tons)
- Indonesia (1.0 tons)
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