Price for Slide Fasteners and Parts Thereof in Austria - 2023

Contents:

1. Price for Slide Fasteners and Parts Thereof in Austria (FOB) - 2023
2. Price for Slide Fasteners and Parts Thereof in Austria (CIF) - 2023
3. Exports of Slide Fasteners and Parts Thereof in Austria
4. Imports of Slide Fasteners and Parts Thereof in Austria

Price for Slide Fasteners and Parts Thereof in Austria (FOB) - 2023

In June 2023, the average export price for slide fasteners and parts thereoves amounted to $600 per thousand units, which is down by -3.7% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 81% m-o-m. As a result, the export price reached the peak level of $0.9 per unit. From January 2023 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Poland ($1.6 per unit), while the average price for exports to Slovakia ($439 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Slide Fasteners and Parts Thereof in Austria (CIF) - 2023

The average import price for slide fasteners and parts thereoves stood at $391 per thousand units in June 2023, dropping by -31.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 192% against the previous month. As a result, import price reached the peak level of $1.0 per unit. From January 2023 to June 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($510 per thousand units), while the price for Indonesia ($71.0 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Slide Fasteners and Parts Thereof in Austria

In 2022, after three years of growth, there was decline in overseas shipments of slide fasteners and parts thereoves, when their volume decreased by -3.7% to 26M units. The total export volume increased at an average annual rate of +7.2% 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 2021 with an increase of 22%. As a result, the exports reached the peak of 27M units, and then declined modestly in the following year.

In value terms, slide fasteners and parts thereof exports rose to $16M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 33%. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Slide Fasteners and Parts Thereof from Austria in 2022:

1. Slovakia (11.1M units)
2. Hungary (3.5M units)
3. Slovenia (3.3M units)
4. Bosnia and Herzegovina (2.9M units)
5. Bulgaria (1.2M units)
6. Croatia (0.9M units)
7. North Macedonia (0.6M units)
8. Switzerland (0.6M units)
9. Czech Republic (0.5M units)
10. India (0.4M units)

Imports of Slide Fasteners and Parts Thereof in Austria

In 2022, the amount of slide fasteners and parts thereoves imported into Austria soared to 37M units, picking up by 36% compared with 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 +55.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, slide fasteners and parts thereof imports skyrocketed to $10M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Slide Fasteners and Parts Thereof to Austria in 2022:

1. Turkey (5.6M units)
2. Indonesia (5.5M units)
3. Hungary (4.9M units)
4. Italy (3.3M units)
5. China (3.3M units)
6. Japan (3.2M units)
7. Germany (2.9M units)
8. Belgium (2.7M units)
9. Taiwan (Chinese) (1.9M units)
10. Poland (1.8M units)

Source: IndexBox Market Intelligence Platform