Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia - 2023
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $40,912 per ton, rising by 9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2021 an increase of 19% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($65,904 per ton), while the price for Turkey ($18,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.0%), 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 Serbia (FOB) - 2022
In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $24,220 per ton, rising by 3.3% against the previous year. Overall, the export price saw a slight increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 160% against the previous year. As a result, the export price reached the peak level of $72,419 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Morocco ($79,470 per ton), while the average price for exports to Bosnia and Herzegovina ($16,003 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 Turkey (+15.0%), 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 Serbia
In 2022, overseas purchases of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -3.1% to 29 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 20%.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor rose notably to $1.2M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.1% 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 +86.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 191 | 370 | 513 | 543 | 41.7% |
| Italy | 81.9 | 131 | 221 | 303 | 54.7% |
| Turkey | 150 | 104 | 169 | 150 | 0.0% |
| China | 62.7 | 94.4 | 93.5 | 109 | 20.2% |
| Austria | 64.5 | 44.4 | 71.6 | 43.1 | -12.6% |
| Others | 90.9 | 74.1 | 64.6 | 46.3 | -20.1% |
| Total | 641 | 818 | 1,132 | 1,195 | 23.1% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Serbia in 2022:
- Germany (10.1 tons)
- Turkey (8.2 tons)
- Italy (6.1 tons)
- China (3.4 tons)
- Austria (0.7 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia
In 2022, exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Serbia expanded significantly to 2.4 tons, increasing by 6.6% against 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 62%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor rose sharply to $58K in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 4.1 | 4.5 | 32.2 | 23.1 | 77.9% |
| Morocco | N/A | N/A | N/A | 19.6 | 0% |
| Croatia | 2.4 | 5.9 | 4.6 | 5.9 | 35.0% |
| Germany | 1.5 | 1.3 | 0.1 | 4.9 | 48.4% |
| Albania | 10.1 | 7.2 | 6.9 | 1.9 | -42.7% |
| Montenegro | N/A | 0.1 | 0.2 | 1.1 | 231.7% |
| North Macedonia | 0.3 | 0.5 | 6.1 | 0.3 | 0.0% |
| Austria | 31.4 | 20.3 | 1.7 | N/A | -76.7% |
| Others | 4.7 | 3.1 | 0.6 | 0.9 | -42.4% |
| Total | 54.4 | 42.8 | 52.5 | 57.8 | 2.0% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Serbia in 2022:
- Bosnia and Herzegovina (1445.0 kg)
- Croatia (287.0 kg)
- Morocco (247.0 kg)
- Germany (216.0 kg)
- Albania (115.0 kg)
- Montenegro (50.0 kg)
- North Macedonia (8.0 kg)
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