Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia - 2022

Contents:

  1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia (CIF) - 2022
  2. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia (FOB) - 2022
  3. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia
  4. Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia (CIF) - 2022

In February 2022, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $272 per thousand units, rising by 48% against the previous month. In general, import price indicated a noticeable increase from February 2021 to February 2022: its price increased at an average monthly rate of +4.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for slide fasteners; fitted with chain scoops of base metals increased by +53.2% against November 2021 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was China ($451 per thousand units), while the price for Mexico ($262 per thousand units) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia (FOB) - 2022

In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.4 per unit, picking up by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 29% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($0.6 per unit), while the average price for exports to Peru ($0.3 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 Mexico (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia

In 2022, imports of slide fasteners; fitted with chain scoops of base metals into Colombia fell modestly to 44M units, declining by -4% compared with the year before. In general, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of 187% against the previous year. As a result, imports reached the peak of 46M units, and then contracted modestly in the following year.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals fell to $8.3M in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 205% against the previous year. As a result, imports attained the peak of $9.3M, and then fell in the following year.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru3.11.35.14.916.5%
Mexico1.90.72.22.25.0%
China1.20.81.61.0-5.9%
Others0.30.20.40.2-12.6%
Total6.63.09.38.37.9%

Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to Colombia in 2022:

  1. Peru (19.0M units)
  2. China (17.5M units)
  3. Mexico (7.2M units)

Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia

In 2022, overseas shipments of slide fasteners; fitted with chain scoops of base metals increased by 36% to 1.4M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt shrinkage. Over the period under review, the exports of hit record highs at 2.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals surged to $564K in 2022. Overall, exports, however, recorded a abrupt decline. Over the period under review, the exports of reached the maximum at $747K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador522142326371-10.8%
Peru1171210.1103-4.2%
Mexico83.651.665.569.7-5.9%
Guatemala12.8N/AN/A12.5-0.8%
Others11.35.511.48.0-10.9%
Total747320403564-8.9%

Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from Colombia in 2022:

  1. Ecuador (813.6K units)
  2. Peru (408.3K units)
  3. Mexico (110.0K units)
  4. Guatemala (23.1K units)

Source: IndexBox Market Intelligence Platform

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