Price for Slide Fasteners and Parts Thereof in the Czech Republic - 2023

Price for Slide Fasteners and Parts Thereof in the Czech Republic (CIF) - 2022

In 2022, the average import price for slide fasteners and parts thereoves amounted to $0.2 per unit, surging by 39% against the previous year. Overall, the import price, however, recorded a pronounced descent. Over the period under review, average import prices attained the peak figure at $0.3 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 South Korea ($0.3 per unit), while the price for the United States ($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 (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Slide Fasteners and Parts Thereof in the Czech Republic (FOB) - 2023

In June 2023, the average export price for slide fasteners and parts thereoves amounted to $210 per thousand units, surging by 25% 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 +2.0% 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 increased by +34.9% against April 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 50% against the previous month. The export price peaked at $332 per thousand units in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Slovakia ($769 per thousand units), while the average price for exports to Germany ($100 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 Bulgaria (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners and Parts Thereof in the Czech Republic

In 2022, approx. 88M units of slide fasteners and parts thereoves were imported into the Czech Republic; which is down by -15.2% against 2021 figures. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 6.5%. Imports peaked at 109M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof imports surged to $14M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Slide Fasteners and Parts Thereof in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	8.4	5.4	4.4	7.1	-5.5%
China	1.2	1.2	1.3	1.3	2.7%
Turkey	0.6	0.7	0.9	0.9	14.5%
South Korea	N/A	0.4	1.0	0.9	50.0%
Poland	0.7	0.4	0.5	0.8	4.6%
Austria	0.6	0.6	0.7	0.7	5.3%
Taiwan (Chinese)	0.5	0.5	0.7	0.4	-7.2%
Slovakia	0.4	0.3	0.3	0.3	-9.1%
Peru	N/A	0.2	0.3	0.2	0.0%
United States	0.1	0.1	0.1	0.1	0.0%
Others	1.5	1.6	1.6	1.3	-4.7%
Total	13.8	11.3	11.9	13.9	0.2%

Top Suppliers of Slide Fasteners and Parts Thereof to the Czech Republic in 2022:

Germany (37.9M units)
China (15.8M units)
Taiwan (Chinese) (6.8M units)
Poland (6.0M units)
Turkey (3.3M units)
Slovakia (3.3M units)
South Korea (3.1M units)
Peru (3.0M units)
Austria (2.8M units)
United States (2.0M units)

Exports of Slide Fasteners and Parts Thereof in the Czech Republic

In 2022, the amount of slide fasteners and parts thereoves exported from the Czech Republic declined notably to 54M units, reducing by -27.4% against the previous year's figure. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports attained the peak of 74M units, and then reduced markedly in the following year.

In value terms, slide fasteners and parts thereof exports reduced rapidly to $9.2M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. The exports peaked at $12M in 2021, and then contracted markedly in the following year.

Export of Slide Fasteners and Parts Thereof in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	0.6	1.8	3.0	2.6	63.0%
Germany	3.9	3.7	4.2	2.5	-13.8%
Romania	0.8	1.5	2.5	2.4	44.2%
Ukraine	0.2	0.2	0.2	0.2	0.0%
Italy	0.3	0.3	0.3	0.2	-12.6%
Poland	0.3	0.4	0.3	0.1	-30.7%
North Macedonia	0.5	0.4	0.2	0.1	-41.5%
Others	0.8	1.1	1.2	1.1	11.2%
Total	7.3	9.4	11.8	9.2	8.0%