Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore - 2022
Contents:
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore (FOB) - 2022
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore (CIF) - 2022
- Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore
- Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore (FOB) - 2022
The average export price for slide fasteners; fitted with chain scoops of base metals stood at $0.5 per unit in 2022, dropping by -8.2% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 10%. Over the period under review, the average export prices attained the peak figure at $0.7 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($0.5 per unit) and Romania ($0.5 per unit), while the average price for exports to China ($0.5 per unit) and the UK ($0.5 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+7.2%), while the prices for the other major destinations experienced a decline.
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore (CIF) - 2022
The average import price for slide fasteners; fitted with chain scoops of base metals stood at $0.6 per unit in 2022, with an increase of 1.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 9.2%. As a result, import price attained the peak level of $0.7 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($0.6 per unit) and Japan ($0.6 per unit), while the price for Malaysia ($0.6 per unit) and China ($0.6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore
For the fourth year in a row, Singapore recorded growth in overseas shipments of slide fasteners; fitted with chain scoops of base metals, which increased by 6.7% to 3M units in 2022. The total export volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22%. 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 dropped slightly to $1.4M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.5%. As a result, the exports reached the peak of $1.4M, and then fell modestly in the following year.
| Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 157 | 222 | 421 | 876 | 77.4% |
| Indonesia | 648 | 199 | 262 | 102 | -46.0% |
| India | 211 | 181 | 175 | 91.2 | -24.4% |
| Thailand | 30.2 | 92.3 | 120 | 81.5 | 39.2% |
| Philippines | 9.6 | 7.5 | 102 | 49.5 | 72.8% |
| China | 99.2 | 394 | 49.0 | 31.3 | -31.9% |
| Romania | 10.3 | 27.1 | 9.6 | 26.2 | 36.5% |
| Jordan | N/A | N/A | N/A | 22.0 | 0% |
| Japan | 43.9 | 20.2 | 27.9 | 21.6 | -21.1% |
| United Kingdom | 46.4 | 47.8 | 30.4 | 20.2 | -24.2% |
| Others | 86.9 | 125 | 245 | 90.9 | 1.5% |
| Total | 1,344 | 1,316 | 1,442 | 1,412 | 1.7% |
Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from Singapore in 2022:
- Malaysia (1871.8K units)
- Indonesia (217.6K units)
- India (194.9K units)
- Thailand (174.2K units)
- Philippines (105.7K units)
- China (67.0K units)
- Romania (56.0K units)
- Jordan (47.0K units)
- Japan (46.1K units)
- United Kingdom (43.1K units)
Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore
In 2022, imports of slide fasteners; fitted with chain scoops of base metals into Singapore skyrocketed to 1.6M units, picking up by 200% against 2021 figures. Over the period under review, imports, however, saw a abrupt decrease. Over the period under review, imports of attained the maximum at 2.1M 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 $930K in 2022. Overall, imports, however, recorded a abrupt slump. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 9.2 | 1.8 | 1.5 | 532 | 286.7% |
| China | 273 | 90.5 | 171 | 250 | -2.9% |
| Taiwan (Chinese) | 30.2 | 2.9 | 25.4 | 50.7 | 18.9% |
| Malaysia | 609 | 7.4 | 2.7 | 32.8 | -62.2% |
| Japan | 5.3 | 3.4 | 17.7 | 17.8 | 49.8% |
| Switzerland | 2.7 | 4.9 | 1.6 | 15.6 | 79.4% |
| Hong Kong SAR | 7.2 | 0.5 | 51.5 | 15.4 | 28.8% |
| Australia | 171 | N/A | 1.1 | N/A | -92.0% |
| Others | 32.2 | 15.0 | 31.9 | 15.3 | -22.0% |
| Total | 1,141 | 126 | 304 | 930 | -6.6% |
Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to Singapore in 2022:
- Vietnam (921.6K units)
- China (432.8K units)
- Taiwan (Chinese) (87.9K units)
- Malaysia (56.9K units)
- Japan (30.9K units)
- Switzerland (27.0K units)
- Hong Kong SAR (26.6K units)
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