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

Contents:

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

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

In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $12,188 per ton, falling by -10.4% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average import price increased by 42%. The import price peaked at $13,609 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($37,190 per ton), while the price for Taiwan (Chinese) ($5,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $10,925 per ton, which is down by -55.9% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 61%. Over the period under review, the average export prices reached the maximum at $37,409 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($55,733 per ton), while the average price for exports to Kyrgyzstan ($1,906 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 Kazakhstan (+11.9%), 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 Russia

In 2022, imports of press-fasteners, snap-fasteners, press-studs and parts therefor into Russia skyrocketed to 548 tons, jumping by 23% on the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +82.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. Over the period under review, imports of attained 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 amounted to $6.7M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6807021,3621,45929.0%
Germany9911,4451,5291,1444.9%
Turkey2992155761,10154.4%
KyrgyzstanN/AN/AN/A8390%
Lithuania16028250753949.9%
Taiwan (Chinese)21912339534616.5%
South Korea96.171.019131448.4%
Belarus227227245N/A3.9%
Others5598431,27793518.7%
Total3,2303,9096,0826,67827.4%

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

  1. Kyrgyzstan (129.2 tons)
  2. Turkey (106.8 tons)
  3. China (105.9 tons)
  4. Taiwan (Chinese) (60.7 tons)
  5. South Korea (53.6 tons)
  6. Germany (30.8 tons)
  7. Lithuania (22.9 tons)

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

Exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Russia surged to 115 tons in 2022, picking up by 114% compared with the previous year. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor reduced to $1.3M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of $1.3M, and then reduced in the following year.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia10.618.547.1519265.8%
Kazakhstan27.444.344.7497162.7%
Austria3.9N/A0.7155241.3%
KyrgyzstanN/AN/A0.815.71862.5%
Belarus1,2191,1101,229N/A0.4%
Others7.95.09.067.8104.7%
Total1,2691,1781,3311,254-0.4%

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

  1. Armenia (69.2 tons)
  2. Kazakhstan (33.0 tons)
  3. Kyrgyzstan (8.3 tons)
  4. Austria (2.8 tons)

Source: IndexBox Market Intelligence Platform

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