Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia - 2022
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia (CIF) - 2022
The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $7,397 per ton in 2022, falling by -67.8% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of 57%. As a result, import price reached the peak level of $26,007 per ton. From 2017 to 2022, the average 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 Vietnam ($34,000 per ton), while the price for China totaled $7,077 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia (FOB) - 2022
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $18,069 per ton in 2022, which is down by -32.9% against the previous year. Overall, the export price saw a pronounced downturn. The pace of growth was the most pronounced in 2017 an increase of 207%. The export price peaked at $30,851 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($38,778 per ton), while the average price for exports to China amounted to $7,106 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+32.3%).
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia
In 2022, purchases abroad of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -91.9% to 5.3 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 2.5%. As a result, imports reached the peak of 75 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor shrank sharply to $39K in 2022. Over the period under review, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of $1.5M, and then dropped sharply in the following year.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 434 | 265 | 64.1 | 37.3 | -55.9% |
| Hong Kong SAR | 25.8 | 129 | 79.7 | N/A | 75.8% |
| South Korea | 57.2 | N/A | 225 | N/A | 98.3% |
| United Arab Emirates | 2.6 | 206 | 130 | N/A | 607.1% |
| Egypt | 132 | 43.4 | 338 | N/A | 60.0% |
| Pakistan | 294 | 277 | 416 | N/A | 19.0% |
| Turkey | 42.0 | 37.7 | 82.1 | N/A | 39.8% |
| Others | 268 | 150 | 165 | 1.8 | -81.1% |
| Total | 1,255 | 1,109 | 1,499 | 39.1 | -68.5% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Ethiopia in 2022:
- China (5.3 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia
In 2022, approx. 130 kg of press-fasteners, snap-fasteners, press-studs and parts therefor were exported from Ethiopia; rising by 983% compared with 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor soared to $2.3K in 2022. In general, exports enjoyed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 1,745 | 0% |
| China | N/A | N/A | N/A | 604 | 0% |
| Madagascar | N/A | N/A | 83.0 | N/A | 0% |
| Turkey | 1,450 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 240 | N/A | 0% |
| Total | 1,450 | N/A | 323 | 2,349 | 17.4% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Ethiopia in 2022:
- China (85.0 kg)
- United States (45.0 kg)
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