Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in New Zealand - 2023

Contents:

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

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

The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $27,776 per ton in 2022, which is down by -7.5% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 16%. The import price peaked at $36,660 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($27,794 per ton) and Taiwan (Chinese) ($27,789 per ton), while the price for Hong Kong SAR ($27,706 per ton) and China ($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 Australia (-0.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $36,955 per ton, rising by 21% against the previous year. In general, the export price, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2013 an increase of 131% against the previous year. The export price peaked at $179,176 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($37,029 per ton) and Fiji ($37,022 per ton), while the average price for exports to Cook Islands ($29,000 per ton) and French Polynesia ($35,111 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 Cook Islands (+7.4%), 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 New Zealand

In 2022, overseas purchases of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -1.4% to 4.6 tons, falling for the second year in a row after two years of growth. In general, imports recorded a noticeable contraction. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of 6 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted to $129K in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 2.7%. As a result, imports attained the peak of $155K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.932.619.128.026.3%
United States28.630.940.621.6-8.9%
Australia18.417.413.916.8-3.0%
Japan17.416.19.216.8-1.2%
Taiwan (Chinese)13.319.922.316.26.8%
Germany21.54.813.014.8-11.7%
Hong Kong SAR17.723.74.75.8-31.1%
Others20.410.018.59.0-23.9%
Total151155141129-5.1%

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

  1. China (1007.0 kg)
  2. United States (778.0 kg)
  3. Australia (604.0 kg)
  4. Japan (603.0 kg)
  5. Taiwan (Chinese) (582.0 kg)
  6. Germany (533.0 kg)
  7. Hong Kong SAR (211.0 kg)

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

In 2022, approx. 1.4 tons of press-fasteners, snap-fasteners, press-studs and parts therefor were exported from New Zealand; jumping by 130% against the previous year's figure. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 395%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor soared to $51K in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 393% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji4.41.80.933.496.5%
GermanyN/AN/AN/A13.80%
ThailandN/AN/AN/A2.70%
Australia1.21.3N/A0.5-25.3%
Cook Islands2.50.20.1N/A-80.0%
BrazilN/AN/A16.1N/A0%
Others0.60.41.41.018.6%
Total8.83.718.451.480.1%

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

  1. Fiji (903.0 kg)
  2. Germany (373.0 kg)
  3. Thailand (72.0 kg)
  4. Australia (14.0 kg)
  5. Cook Islands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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