Price for Slide Fasteners and Parts Thereof in Sweden - 2023

Contents:

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

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

In June 2023, the average export price for slide fasteners and parts thereoves amounted to $249 per thousand units, picking up by 9.3% against the previous month. Overall, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in November 2022 when the average export price increased by 55% against the previous month. Over the period under review, the average export prices hit record highs at $520 per thousand units in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($389 per thousand units), while the average price for exports to Slovakia ($102 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 Slovakia (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for slide fasteners and parts thereoves stood at $147 per thousand units in June 2023, approximately reflecting the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 87% m-o-m. As a result, import price attained the peak level of $0.3 per unit. From November 2022 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Finland ($2.1 per unit), while the price for Latvia ($91.0 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 Finland (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Slide Fasteners and Parts Thereof in Sweden

In 2022, shipments abroad of slide fasteners and parts thereoves decreased by -20.5% to 13M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports reached the peak of 16M units, and then fell significantly in the following year.

In value terms, slide fasteners and parts thereof exports contracted rapidly to $4.3M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports reached the peak of $6M, and then dropped notably in the following year.

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

1. Slovakia (3863.1K units)
2. Lithuania (1729.4K units)
3. Estonia (948.2K units)
4. Hungary (937.7K units)
5. Norway (923.2K units)
6. Ukraine (839.2K units)
7. Latvia (670.1K units)
8. Thailand (628.6K units)
9. Denmark (544.9K units)
10. Vietnam (381.9K units)
11. Portugal (290.1K units)
12. Poland (191.8K units)

Imports of Slide Fasteners and Parts Thereof in Sweden

In 2022, supplies from abroad of slide fasteners and parts thereoves was finally on the rise to reach 20M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a perceptible decline. Over the period under review, imports reached the peak figure at 22M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof imports soared to $3.6M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

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

1. Germany (7.1M units)
2. Latvia (5.0M units)
3. Estonia (1.9M units)
4. China (1.4M units)
5. Finland (1.3M units)
6. Belgium (0.6M units)
7. Vietnam (0.5M units)
8. Netherlands (0.3M units)
9. Taiwan (Chinese) (0.3M units)
10. United Kingdom (0.1M units)

Source: IndexBox Market Intelligence Platform