Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Nepal - 2022

Contents:

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

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

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $20,872 per ton, dropping by -7.6% against the previous year. Overall, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 91% against the previous year. As a result, import price attained the peak level of $52,500 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($41,043 per ton), while the price for China totaled $18,205 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.0%).

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Nepal (FOB) - 2022

In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $85,964 per ton, with an increase of 389% against the previous year. Overall, the export price saw a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +15.3% per year.

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

In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor imported into Nepal expanded modestly to 2.2 tons, with an increase of 2.6% on the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor reduced to $46K in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, imports reached the peak of $49K, and then shrank in the following year.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.519.439.535.73.2%
India11.47.46.210.5-2.7%
Others2.52.03.10.1-65.8%
Total46.428.948.946.3-0.1%

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

  1. China (1963.0 kg)
  2. India (255.0 kg)

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

In 2022, shipments abroad of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -95.1% to 56 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 166% against the previous year. As a result, the exports reached the peak of 2.9 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor fell notably to $4.8K in 2022. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 49% against the previous year. As a result, the exports reached the peak of $33K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands13.310.29.34.8-28.8%
Hong Kong SAR4.94.44.2N/A-7.4%
United KingdomN/A14.2N/AN/A0%
Others4.14.46.5N/A25.9%
Total22.233.120.04.8-40.0%

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

  1. Netherlands (56.0 kg)

Source: IndexBox Market Intelligence Platform

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