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

Contents:

  1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kuwait (CIF) - 2022
  2. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kuwait

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

The average import price for slide fasteners; fitted with chain scoops of base metals stood at $0.1 per unit in 2022, which is down by -19% against the previous year. In general, the import price showed a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $0.1 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($0.1 per unit), while the price for China stood at $0.1 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of slide fasteners; fitted with chain scoops of base metals, when their volume decreased by -53.8% to 213K units. Overall, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, imports attained the peak of 462K units, and then declined significantly in the following year.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals contracted notably to $14K in 2022. In general, imports saw a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 94%. Over the period under review, imports of attained the maximum at $37K in 2021, and then fell sharply in the following year.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.712.119.912.839.6%
Turkey1.71.81.40.7-25.6%
Thailand0.71.01.1N/A25.4%
India0.22.52.9N/A280.8%
United Arab Emirates2.46.44.6N/A38.4%
Pakistan1.01.31.6N/A26.5%
Others5.46.35.40.3-61.8%
Total16.131.336.813.8-5.0%

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

  1. China (204.8K units)
  2. Turkey (7.8K units)

Source: IndexBox Market Intelligence Platform

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