Price for Slide Fasteners and Parts Thereof in Canada - 2023

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

The average import price for slide fasteners and parts thereoves stood at $223 per thousand units in June 2023, surging by 10% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in December 2022 when the average import price increased by 11% month-to-month. Over the period under review, average import prices attained the maximum at $224 per thousand units in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($373 per thousand units), while the price for Japan ($155 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 (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Slide Fasteners and Parts Thereof in Canada (FOB) - 2022

In 2022, the average export price for slide fasteners and parts thereoves amounted to $0.4 per unit, shrinking by -13.7% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, slide fasteners and parts thereof export price decreased by -18.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices attained the peak figure at $0.5 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($0.4 per unit), while the average price for exports to Colombia ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in Canada

In 2022, the amount of slide fasteners and parts thereoves imported into Canada totaled 59M units, surging by 8.9% on 2021. Overall, imports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Imports peaked at 63M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof imports reached $12M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Slide Fasteners and Parts Thereof in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	5.2	4.0	5.2	4.5	-4.7%
Taiwan (Chinese)	1.6	1.6	2.6	2.1	9.5%
China	2.3	1.7	2.1	2.0	-4.6%
Japan	1.1	0.5	0.7	1.9	20.0%
Indonesia	0.4	0.1	0.1	0.4	0.0%
Germany	0.5	0.3	0.2	0.3	-15.7%
Italy	0.3	0.2	0.2	0.2	-12.6%
Others	0.4	0.6	0.4	0.4	0.0%
Total	11.9	9.0	11.5	11.7	-0.6%

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

United States (21.5M units)
Taiwan (Chinese) (11.8M units)
Japan (10.1M units)
China (8.4M units)
Indonesia (2.3M units)
Germany (1.7M units)
Italy (1.1M units)

Exports of Slide Fasteners and Parts Thereof in Canada

Slide fasteners and parts thereof exports from Canada skyrocketed to 21M units in 2022, jumping by 27% compared with the previous year. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +105.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 61% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, slide fasteners and parts thereof exports rose sharply to $7.8M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +66.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Slide Fasteners and Parts Thereof in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	2,953	2,819	4,511	4,209	12.5%
Hong Kong SAR	933	494	577	809	-4.6%
China	634	431	668	797	7.9%
Vietnam	128	43.1	109	523	59.9%
India	7.0	0.3	429	425	293.0%
Taiwan (Chinese)	72.1	45.8	209	291	59.2%
Colombia	57.6	80.3	31.9	189	48.6%
Nicaragua	677	200	109	N/A	-59.9%
Others	1,030	553	446	547	-19.0%
Total	6,492	4,666	7,090	7,790	6.3%