Price for Slide Fasteners and Parts Thereof in Spain - 2023

Contents:

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

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

The average import price for slide fasteners and parts thereoves stood at $146 per thousand units in June 2023, picking up by 4.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 129% against the previous month. As a result, import price attained the peak level of $0.3 per unit. From April 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($999 per thousand units), while the price for China ($73.0 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 Italy (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In June 2023, the average export price for slide fasteners and parts thereoves amounted to $364 per thousand units, growing by 26% against the previous month. Overall, export price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, slide fasteners and parts thereof export price decreased by -22.1% against April 2023 indices. The pace of growth appeared the most rapid in August 2022 an increase of 66% month-to-month. The export price peaked at $467 per thousand units in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($770 per thousand units), while the average price for exports to Portugal ($144 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 Mexico (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in Spain

In 2022, the amount of slide fasteners and parts thereoves imported into Spain reached 189M units, surging by 1.8% on 2021 figures. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, slide fasteners and parts thereof imports totaled $25M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +56.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Slide Fasteners and Parts Thereof in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.04.58.09.315.7%
Italy2.72.43.33.812.1%
Turkey1.41.92.02.521.3%
France2.12.02.02.56.0%
Portugal1.11.70.91.510.9%
Taiwan (Chinese)1.10.81.31.0-3.1%
Indonesia0.80.60.91.07.7%
Singapore0.40.20.40.3-9.1%
Others2.81.72.93.02.3%
Total18.215.921.825.011.2%

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

  1. China (119.1M units)
  2. Indonesia (13.4M units)
  3. Turkey (11.4M units)
  4. Italy (11.2M units)
  5. Taiwan (Chinese) (10.1M units)
  6. Portugal (7.0M units)
  7. France (3.1M units)
  8. Singapore (2.7M units)

Exports of Slide Fasteners and Parts Thereof in Spain

Slide fasteners and parts thereof exports from Spain reduced to 60M units in 2022, dropping by -4.8% compared with the year before. In general, exports continue to indicate a slight reduction. The growth pace was the most rapid in 2021 when exports increased by 30%. As a result, the exports reached the peak of 63M units, and then shrank in the following year.

In value terms, slide fasteners and parts thereof exports fell to $18M in 2022. Overall, exports saw a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $19M, and then shrank modestly in the following year.

Export of Slide Fasteners and Parts Thereof in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Morocco10.58.810.310.50.0%
Portugal1.91.41.71.5-7.6%
France1.20.81.21.0-5.9%
Mexico0.30.40.70.838.7%
Tunisia1.50.50.50.7-22.4%
Italy0.50.40.70.66.3%
Turkey0.20.10.60.535.7%
Netherlands0.40.30.70.40.0%
Denmark0.10.20.20.458.7%
Germany0.40.40.50.40.0%
Others1.91.51.91.8-1.8%
Total19.114.719.218.5-1.1%

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

  1. Morocco (26.7M units)
  2. Portugal (12.5M units)
  3. Denmark (2.9M units)
  4. France (2.5M units)
  5. Tunisia (2.4M units)
  6. Netherlands (1.7M units)
  7. Mexico (1.6M units)
  8. Italy (1.5M units)
  9. Turkey (1.2M units)
  10. Germany (1.1M units)

Source: IndexBox Market Intelligence Platform

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