Price for Slide Fasteners and Parts Thereof in Finland - 2023
Contents:
- Price for Slide Fasteners and Parts Thereof in Finland (CIF) - 2022
- Price for Slide Fasteners and Parts Thereof in Finland (FOB) - 2022
- Imports of Slide Fasteners and Parts Thereof in Finland
- Exports of Slide Fasteners and Parts Thereof in Finland
Price for Slide Fasteners and Parts Thereof in Finland (CIF) - 2022
The average import price for slide fasteners and parts thereoves stood at $0.5 per unit in 2022, increasing by 28% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 import price increased by +55.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 42% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1.9 per unit), while the price for Indonesia ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Slide Fasteners and Parts Thereof in Finland (FOB) - 2022
The average export price for slide fasteners and parts thereoves stood at $0.5 per unit in 2022, shrinking by -23.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $0.7 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($0.7 per unit), while the average price for exports to Romania ($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 India (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Slide Fasteners and Parts Thereof in Finland
In 2022, imports of slide fasteners and parts thereoves into Finland shrank remarkably to 4.3M units, dropping by -15.8% compared with the previous year. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Imports peaked at 5.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, slide fasteners and parts thereof imports rose sharply to $2.1M in 2022. The total import value increased at an average annual rate of +3.5% 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 when imports increased by 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Slide Fasteners and Parts Thereof in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 613 | 389 | 573 | 461 | -9.1% |
| Taiwan (Chinese) | 268 | 134 | 195 | 202 | -9.0% |
| China | 154 | 94.5 | 175 | 195 | 8.2% |
| Germany | 111 | 130 | 163 | 153 | 11.3% |
| Turkey | 107 | 126 | 142 | 130 | 6.7% |
| Poland | 25.0 | 58.9 | 116 | 103 | 60.3% |
| Japan | 78.9 | 72.3 | 69.3 | 99.2 | 7.9% |
| Belgium | 32.3 | 44.5 | 40.0 | 89.9 | 40.7% |
| Indonesia | 103 | 105 | 82.3 | 51.7 | -20.5% |
| Portugal | 118 | 35.1 | 23.1 | 0.3 | -86.4% |
| Others | 277 | 181 | 361 | 607 | 29.9% |
| Total | 1,888 | 1,370 | 1,939 | 2,093 | 3.5% |
Top Suppliers of Slide Fasteners and Parts Thereof to Finland in 2022:
- Estonia (1406.4K units)
- China (794.9K units)
- Indonesia (571.9K units)
- Taiwan (Chinese) (406.6K units)
- Belgium (367.4K units)
- Turkey (200.8K units)
- Poland (143.1K units)
- Japan (95.1K units)
- Germany (80.5K units)
- Portugal (0.9K units)
Exports of Slide Fasteners and Parts Thereof in Finland
In 2022, approx. 1.8M units of slide fasteners and parts thereoves were exported from Finland; picking up by 189% compared with 2021. Over the period under review, exports continue to indicate a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, slide fasteners and parts thereof exports surged to $817K in 2022. Overall, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Slide Fasteners and Parts Thereof in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 120 | 163 | 120 | 381 | 47.0% |
| Romania | 26.2 | 1.2 | 2.2 | 181 | 90.5% |
| India | 46.2 | 33.0 | 52.0 | 49.7 | 2.5% |
| Estonia | 7.0 | 4.3 | 8.1 | 35.7 | 72.1% |
| Belgium | 45.8 | 5.2 | 71.4 | 34.0 | -9.5% |
| Latvia | 38.0 | 4.6 | 3.6 | 7.8 | -41.0% |
| Poland | 182 | 21.0 | 2.7 | 0.3 | -88.2% |
| Belarus | 52.6 | 33.4 | 14.4 | N/A | -47.7% |
| Others | 131 | 80.3 | 93.3 | 128 | -0.8% |
| Total | 648 | 346 | 368 | 817 | 8.0% |
Top Export Markets for Slide Fasteners and Parts Thereof from Finland in 2022:
- Romania (764.2K units)
- Russia (688.8K units)
- India (97.4K units)
- Estonia (85.6K units)
- Belgium (50.9K units)
- Latvia (18.4K units)
- Poland (1.2K units)
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