Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Mexico - 2023

Contents:

  1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Mexico (CIF) - 2023
  2. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Mexico (FOB) - 2022
  3. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Mexico
  4. Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Mexico

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Mexico (CIF) - 2023

In December 2023, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $480 per thousand units, dropping by -24.2% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 87% month-to-month. As a result, import price reached the peak level of $0.6 per unit, and then contracted remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($1.0 per unit), while the price for China ($234 per thousand units) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Canada (+4.7%), 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 Mexico (FOB) - 2022

In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.8 per unit, growing by 72% against the previous year. In general, the export price saw a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +15.4% per year.

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

Imports of slide fasteners; fitted with chain scoops of base metals into Mexico soared to 30M units in 2022, picking up by 17% against 2021 figures. Over the period under review, imports, however, continue to indicate a noticeable contraction. Over the period under review, imports of hit record highs at 32M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals soared to $15M in 2022. Overall, imports, however, recorded a drastic downturn. Over the period under review, imports of attained the peak figure at $18M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.810.010.313.1-1.7%
China3.40.90.51.0-33.5%
Others0.61.10.20.5-5.9%
Total17.811.910.914.7-6.2%

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

  1. United States (22.7M units)
  2. China (6.4M units)

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

In 2022, exports of slide fasteners; fitted with chain scoops of base metals from Mexico shrank remarkably to 218K units, declining by -61.6% against the previous year's figure. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -49.4% was in 2020. The exports peaked at 4M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals contracted rapidly to $164K in 2022. In general, exports faced a precipitous setback. Over the period under review, the exports of reached the peak figure at $2.2M 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 Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States225522230164-10.0%
Colombia1,870N/AN/AN/A0%
Cuba1481.719.4N/A-63.8%
HondurasN/A181N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,243705249164-58.2%

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

  1. United States (217.8K units)

Source: IndexBox Market Intelligence Platform

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