Price for Slide Fasteners and Parts Thereof in Indonesia - 2022

Contents:

1. Price for Slide Fasteners and Parts Thereof in Indonesia (CIF) - 2022
2. Price for Slide Fasteners and Parts Thereof in Indonesia (FOB) - 2022
3. Imports of Slide Fasteners and Parts Thereof in Indonesia
4. Exports of Slide Fasteners and Parts Thereof in Indonesia

Price for Slide Fasteners and Parts Thereof in Indonesia (CIF) - 2022

In March 2022, the average import price for slide fasteners and parts thereoves amounted to $154 per thousand units, jumping by 41% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $169 per thousand units in March 2021; however, from April 2021 to March 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Hong Kong SAR ($345 per thousand units), while the price for China ($95.0 per thousand units) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Slide Fasteners and Parts Thereof in Indonesia (FOB) - 2022

In 2022, the average export price for slide fasteners and parts thereoves amounted to $83 per thousand units, growing by 14% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained 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 Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.0% per year.

Imports of Slide Fasteners and Parts Thereof in Indonesia

In 2022, the amount of slide fasteners and parts thereoves imported into Indonesia surged to 1.5B units, picking up by 24% on 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, slide fasteners and parts thereof imports surged to $187M in 2022. In general, total imports indicated buoyant growth 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, imports increased by +99.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Slide Fasteners and Parts Thereof to Indonesia in 2022:

1. Myanmar (1.5B units)

Exports of Slide Fasteners and Parts Thereof in Indonesia

In 2022, the amount of slide fasteners and parts thereoves exported from Indonesia shrank to 1.4B units, waning by -4.7% compared with 2021. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports attained the peak of 1.5B units, and then reduced slightly in the following year.

In value terms, slide fasteners and parts thereof exports expanded sharply to $119M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. The exports peaked in 2022 and are likely to continue growth in the near future.

Top Export Markets for Slide Fasteners and Parts Thereof from Indonesia in 2022:

1. Myanmar (1.4B units)

Source: IndexBox Market Intelligence Platform