Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam - 2022
Contents:
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam (CIF) - 2022
- Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam (FOB) - 2022
- Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam
- Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam (CIF) - 2022
The average import price for slide fasteners; fitted with chain scoops of base metals stood at $0.6 per unit in 2022, rising by 1.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 16%. The import price peaked at $0.7 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($0.6 per unit) and Taiwan (Chinese) ($0.6 per unit), while the price for China ($0.6 per unit) and South Korea ($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 more modest paces of growth.
Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam (FOB) - 2022
In 2022, the average export price for slide fasteners; fitted with chain scoops of base metals amounted to $0.5 per unit, which is down by -12.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 96% against the previous year. As a result, the export price attained the peak level of $1.3 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($0.5 per unit) and Indonesia ($0.5 per unit), while the average price for exports to the UK ($0.5 per unit) and China ($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 Indonesia (+0.0%), 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 Vietnam
Imports of slide fasteners; fitted with chain scoops of base metals into Vietnam dropped to 87M units in 2022, which is down by -5.3% on the previous year's figure. In general, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 +47.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports attained the peak of 92M units, and then declined in the following year.
In value terms, imports of slide fasteners; fitted with chain scoops of base metals contracted modestly to $50M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of $52M, and then contracted modestly in the following year.
| Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.2 | 23.1 | 28.7 | 28.9 | 4.7% |
| Taiwan (Chinese) | 3.6 | 2.6 | 8.6 | 9.0 | 35.7% |
| South Korea | 10.8 | 6.0 | 7.1 | 6.7 | -14.7% |
| Japan | 7.8 | 5.1 | 4.8 | 3.7 | -22.0% |
| Hong Kong SAR | 3.0 | 1.4 | 2.3 | 1.4 | -22.4% |
| Others | 0.6 | 0.3 | 0.6 | 0.5 | -5.9% |
| Total | 51.0 | 38.5 | 52.1 | 50.3 | -0.5% |
Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to Vietnam in 2022:
- China (50.1M units)
- Taiwan (Chinese) (15.6M units)
- South Korea (11.6M units)
- Japan (6.5M units)
- Hong Kong SAR (2.5M units)
Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam
Exports of slide fasteners; fitted with chain scoops of base metals from Vietnam skyrocketed to 28M units in 2022, with an increase of 38% against 2021 figures. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 112% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of slide fasteners; fitted with chain scoops of base metals skyrocketed to $13M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +49.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 7,025 | 6,617 | 7,951 | 7,702 | 3.1% |
| South Korea | 1,525 | 913 | 910 | 1,076 | -11.0% |
| India | 0.6 | 6.7 | 2.0 | 675 | 940.0% |
| Indonesia | 60.1 | 130 | 439 | 671 | 123.5% |
| United Kingdom | 12.6 | 61.5 | 242 | 493 | 239.5% |
| Malaysia | 14.9 | 12.1 | 15.7 | 459 | 213.5% |
| Myanmar | 87.5 | 231 | 211 | 377 | 62.7% |
| Hong Kong SAR | 23.0 | 63.1 | 119 | 235 | 117.0% |
| China | 77.9 | 30.1 | 241 | 216 | 40.5% |
| Bangladesh | 10.4 | 8.0 | 105 | 209 | 171.9% |
| Netherlands | 50.5 | 61.4 | 68.0 | 202 | 58.7% |
| Others | 391 | 543 | 448 | 657 | 18.9% |
| Total | 9,279 | 8,676 | 10,752 | 12,971 | 11.8% |
Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from Vietnam in 2022:
- Cambodia (16.5M units)
- South Korea (2.3M units)
- Indonesia (1.4M units)
- India (1.4M units)
- United Kingdom (1.1M units)
- Malaysia (1.0M units)
- Myanmar (0.8M units)
- China (0.5M units)
- Hong Kong SAR (0.5M units)
- Netherlands (0.4M units)
- Bangladesh (0.4M units)
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