Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Malaysia - 2024

Contents:

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

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

The average import price for slide fasteners; fitted with chain scoops of base metals stood at $0.3 per unit in 2022, with an increase of 128% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decline. The import price peaked at $0.3 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Hong Kong SAR ($0.4 per unit), while the price for China ($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 (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for slide fasteners; fitted with chain scoops of base metals stood at $0.1 per unit in 2022, which is down by -15.9% against the previous year. Over the period under review, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 161%. Over the period under review, the average export prices hit record highs at $0.7 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($0.1 per unit), while the average price for exports to Singapore ($0.1 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 Vietnam (+5.7%), while the prices for the other major destinations experienced a decline.

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

Imports of slide fasteners; fitted with chain scoops of base metals into Malaysia dropped dramatically to 3.9M units in 2022, waning by -37.2% on the previous year's figure. Over the period under review, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by 88%. As a result, imports attained the peak of 6.2M units, and then contracted significantly in the following year.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals surged to $967K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (1849.0K units)
2. Vietnam (1709.1K units)
3. Taiwan (Chinese) (301.8K units)

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

For the fourth consecutive year, Malaysia recorded growth in overseas shipments of slide fasteners; fitted with chain scoops of base metals, which increased by 79% to 2.6M units in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 95% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals surged to $231K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 58% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Chile (2328.5K units)
2. Singapore (162.5K units)
3. Peru (123.6K units)

Source: IndexBox Market Intelligence Platform