Price for Slide Fasteners and Parts Thereof in the United States - 2023

Price for Slide Fasteners and Parts Thereof in the United States (FOB) - 2023

In July 2023, the average export price for slide fasteners and parts thereoves amounted to $1.7 per unit, growing by 5.5% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 48% m-o-m. As a result, the export price reached the peak level of $2.0 per unit. From February 2023 to July 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($1.9 per unit), while the average price for exports to Japan ($557 per thousand units) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Slide Fasteners and Parts Thereof in the United States (CIF) - 2022

In 2022, the average import price for slide fasteners and parts thereoves amounted to $0.1 per unit, dropping by -20.7% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 11%. Over the period under review, average import prices reached the peak figure at $0.2 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($0.5 per unit), while the price for Japan (less than $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 (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Slide Fasteners and Parts Thereof in the United States

For the third year in a row, the United States recorded decline in shipments abroad of slide fasteners and parts thereoves, which decreased by -6.6% to 73M units in 2022. Overall, exports continue to indicate a precipitous slump. Over the period under review, the exports attained the maximum at 417M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, slide fasteners and parts thereof exports expanded modestly to $117M in 2022. In general, exports saw a slight descent. The pace of growth was the most pronounced in 2021 when exports increased by 13%. The exports peaked at $123M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Slide Fasteners and Parts Thereof in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	76.2	61.2	63.4	71.6	-2.1%
Nicaragua	6.4	4.6	7.8	8.0	7.7%
Germany	6.0	5.6	6.1	5.4	-3.5%
Canada	6.0	4.6	6.0	5.2	-4.7%
Colombia	3.1	2.0	3.6	4.2	10.7%
Netherlands	2.2	2.5	3.1	2.7	7.1%
Honduras	2.9	1.6	1.8	2.6	-3.6%
Dominican Republic	2.6	1.8	3.1	2.5	-1.3%
China	1.0	1.0	1.9	1.8	21.6%
El Salvador	2.5	1.4	1.0	1.2	-21.7%
Taiwan (Chinese)	0.9	1.1	0.8	1.1	6.9%
Guatemala	1.3	1.0	0.8	1.0	-8.4%
Cambodia	0.1	N/A	N/A	0.7	91.3%
Others	12.3	13.6	15.5	9.0	-9.9%
Total	123	102	115	117	-1.7%

Top Export Markets for Slide Fasteners and Parts Thereof from the United States in 2022:

Mexico (44.8M units)
Canada (4.8M units)
Dominican Republic (2.9M units)
Nicaragua (2.6M units)
Netherlands (2.4M units)
Honduras (2.4M units)
China (2.2M units)
Cambodia (1.3M units)
Taiwan (Chinese) (1.2M units)
Guatemala (1.1M units)
Colombia (0.4M units)
Germany (0.4M units)
El Salvador (0.1M units)

Imports of Slide Fasteners and Parts Thereof in the United States

Slide fasteners and parts thereof imports into the United States skyrocketed to 547M units in 2022, rising by 25% on the previous year's figure. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 104% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, slide fasteners and parts thereof imports declined slightly to $45M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports attained the peak of $46M, leveling off in the following year.

Import of Slide Fasteners and Parts Thereof in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	8.4	7.1	10.6	11.2	10.1%
China	8.4	6.1	8.5	9.0	2.3%
Indonesia	7.1	4.1	6.1	6.9	-0.9%
Japan	4.5	3.5	4.7	5.0	3.6%
Canada	2.9	2.9	4.4	4.2	13.1%
India	0.6	1.0	1.5	2.0	49.4%
Others	10.2	8.2	10.1	7.0	-11.8%
Total	42.2	33.0	45.9	45.4	2.5%