Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia - 2023
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $7,628 per ton, growing by 7.3% against the previous year. Overall, the import price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 39%. As a result, import price attained the peak level of $14,042 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($32,544 per ton), while the price for the United States ($4,215 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.2%), while the prices for the other major suppliers experienced a decline.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia (FOB) - 2022
In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $20,566 per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20% against the previous year. The export price peaked at $24,021 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($37,392 per ton), while the average price for exports to Singapore ($10,934 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 Vietnam (+5.2%), 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 Malaysia
For the third consecutive year, Malaysia recorded decline in supplies from abroad of press-fasteners, snap-fasteners, press-studs and parts therefor, which decreased by -8.3% to 230 tons in 2022. In general, imports saw a sharp slump.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor shrank slightly to $1.8M in 2022. Over the period under review, imports faced a abrupt setback.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,399 | 1,065 | 747 | 745 | -18.9% |
| Japan | 111 | 453 | 565 | 417 | 55.5% |
| Taiwan (Chinese) | 237 | 192 | 272 | 230 | -1.0% |
| Thailand | 60.3 | 12.8 | 23.7 | 130 | 29.2% |
| India | 37.9 | 15.4 | 31.2 | 40.1 | 1.9% |
| Hong Kong SAR | 402 | 161 | 51.0 | 37.9 | -54.5% |
| United States | 21.7 | 1.7 | 2.2 | 25.8 | 5.9% |
| Indonesia | 175 | 31.5 | 10.3 | 1.2 | -81.0% |
| Others | 120 | 88.9 | 82.8 | 129 | 2.4% |
| Total | 2,564 | 2,021 | 1,785 | 1,757 | -11.8% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Malaysia in 2022:
- China (145.4 tons)
- Thailand (29.2 tons)
- Japan (21.5 tons)
- Taiwan (Chinese) (13.5 tons)
- United States (6.1 tons)
- India (4.3 tons)
- Hong Kong SAR (3.2 tons)
- Indonesia (0.1 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia
In 2022, after two years of decline, there was significant growth in overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor, when their volume increased by 60% to 63 tons. Overall, exports, however, recorded a abrupt decrease.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor surged to $1.3M in 2022. In general, exports, however, continue to indicate a deep downturn.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 438 | 225 | 203 | 360 | -6.3% |
| Germany | 289 | 195 | 149 | 288 | -0.1% |
| Taiwan (Chinese) | 6.6 | 4.7 | 9.8 | 193 | 208.1% |
| Indonesia | 105 | 172 | 88.4 | 160 | 15.1% |
| Thailand | 131 | 195 | 67.0 | 115 | -4.2% |
| Singapore | 80.5 | 14.0 | 29.0 | 72.5 | -3.4% |
| Hong Kong SAR | 189 | 69.3 | 84.7 | 51.0 | -35.4% |
| China | 107 | 50.0 | 126 | 4.2 | -66.0% |
| Others | 457 | 387 | 65.9 | 61.3 | -48.8% |
| Total | 1,803 | 1,312 | 823 | 1,304 | -10.2% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Malaysia in 2022:
- United States (15.2 tons)
- Germany (11.9 tons)
- Thailand (9.5 tons)
- Indonesia (8.0 tons)
- Taiwan (Chinese) (6.6 tons)
- Singapore (6.6 tons)
- Hong Kong SAR (1.9 tons)
- China (0.2 tons)
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