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

Contents:

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

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

The average import price for slide fasteners; fitted with chain scoops of base metals stood at $0.2 per unit in 2022, rising by 5.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 23% against the previous year. The import price peaked at $0.3 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Italy ($2 per unit), while the price for Turkey ($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 Italy (+6.7%), 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 Serbia (FOB) - 2022

The average export price for slide fasteners; fitted with chain scoops of base metals stood at $0.2 per unit in 2022, reducing by -14.5% against the previous year. Over the period under review, the export price, however, recorded strong growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 253%. The export price peaked at $0.6 per unit in 2017; however, from 2018 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 North Macedonia ($0.6 per unit), while the average price for exports to Bosnia and Herzegovina ($0.2 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 Turkey (+16.0%), 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 Serbia

In 2022, imports of slide fasteners; fitted with chain scoops of base metals into Serbia reduced modestly to 5.4M units, waning by -3.4% compared with the previous year. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 17%. Over the period under review, imports of attained the maximum at 8.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals rose to $1.2M in 2022. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 9%. Over the period under review, imports of reached the maximum at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Turkey (4.4M units)
2. China (0.4M units)
3. Egypt (0.3M units)
4. Italy (0.1M units)

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

For the fourth year in a row, Serbia recorded growth in shipments abroad of slide fasteners; fitted with chain scoops of base metals, which increased by 41% to 738K units in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals skyrocketed to $175K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Bosnia and Herzegovina (644.6K units)
2. Italy (84.5K units)

Source: IndexBox Market Intelligence Platform