Price for Slide Fasteners and Parts Thereof in Norway - 2023

Contents:

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

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

The average import price for slide fasteners and parts thereoves stood at $0.2 per unit in 2022, declining by -6.5% against the previous year. Over the period under review, the import price saw a mild descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $0.3 per unit. From 2021 to 2022, the average import prices remained at a somewhat 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 Germany ($0.7 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 China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for slide fasteners and parts thereoves stood at $0.3 per unit in 2022, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2019 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($0.4 per unit), while the average price for exports to Lithuania ($0.1 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 Latvia (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Slide Fasteners and Parts Thereof in Norway

In 2022, approx. 8.5M units of slide fasteners and parts thereoves were imported into Norway; leveling off at the previous year's figure. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% 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 +85.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 87%. As a result, imports attained the peak of 8.5M units, leveling off in the following year.

In value terms, slide fasteners and parts thereof imports fell to $2M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +41.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $2.2M, and then fell in the following year.

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

1. Indonesia (2949.9K units)
2. Taiwan (Chinese) (1965.0K units)
3. Belgium (1151.6K units)
4. Estonia (635.2K units)
5. Japan (393.1K units)
6. United Kingdom (231.0K units)
7. Germany (194.8K units)
8. China (186.6K units)

Exports of Slide Fasteners and Parts Thereof in Norway

Slide fasteners and parts thereof exports from Norway shrank notably to 1.5M units in 2022, falling by -26.4% against 2021 figures. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 50%. As a result, the exports reached the peak of 2M units, and then contracted dramatically in the following year.

In value terms, slide fasteners and parts thereof exports dropped dramatically to $426K in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 52%. As a result, the exports attained the peak of $512K, and then reduced sharply in the following year.

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

1. Poland (618.3K units)
2. Lithuania (489.6K units)
3. Estonia (197.7K units)
4. Latvia (73.4K units)

Source: IndexBox Market Intelligence Platform