Price for Slide Fasteners and Parts Thereof in Mexico - 2023

Contents:

1. Price for Slide Fasteners and Parts Thereof in Mexico (CIF) - 2022
2. Price for Slide Fasteners and Parts Thereof in Mexico (FOB) - 2022
3. Imports of Slide Fasteners and Parts Thereof in Mexico
4. Exports of Slide Fasteners and Parts Thereof in Mexico

Price for Slide Fasteners and Parts Thereof in Mexico (CIF) - 2022

In 2022, the average import price for slide fasteners and parts thereoves amounted to $0.2 per unit, which is down by -25% against the previous year. In general, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 50%. The import price peaked at $0.3 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Taiwan (Chinese) ($0.5 per unit), while the price for China ($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 Taiwan (Chinese) (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for slide fasteners and parts thereoves amounted to $0.4 per unit, rising by 11% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 80% against the previous year. The export price peaked at $0.5 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($0.4 per unit), while the average price for exports to Cuba ($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 Colombia (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in Mexico

In 2022, approx. 674M units of slide fasteners and parts thereoves were imported into Mexico; picking up by 42% against 2021 figures. Over the period under review, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, slide fasteners and parts thereof imports rose rapidly to $102M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 19%. Over the period under review, imports hit record highs at $105M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. United States (449.2M units)
2. China (213.1M units)

Exports of Slide Fasteners and Parts Thereof in Mexico

For the third consecutive year, Mexico recorded decline in overseas shipments of slide fasteners and parts thereoves, which decreased by -31.7% to 2.6M units in 2022. Over the period under review, exports faced a dramatic setback. The smallest decline of -25.1% was in 2021. The exports peaked at 7.5M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, slide fasteners and parts thereof exports shrank notably to $1.1M in 2022. Overall, exports recorded a precipitous shrinkage. Over the period under review, the exports reached the peak figure at $3.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. United States (2298.1K units)
2. El Salvador (233.5K units)
3. Cuba (97.6K units)

Source: IndexBox Market Intelligence Platform