Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Latvia - 2023

Contents:

1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Latvia (CIF) - 2022
2. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Latvia (FOB) - 2022
3. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Latvia
4. Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Latvia

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Latvia (CIF) - 2022

In 2022, the average import price for slide fasteners; fitted with chain scoops of base metals amounted to $0.5 per unit, rising by 7.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 28% against the previous year. As a result, import price attained the peak level of $0.7 per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 Italy ($0.7 per unit), while the price for Estonia ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Latvia (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 -30.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 46% against the previous year. As a result, the export price attained the peak level of $0.7 per unit, and then fell sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($1.2 per unit), while the average price for exports to Lithuania ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+13.2%), 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 Latvia

Imports of slide fasteners; fitted with chain scoops of base metals into Latvia was estimated at 461K units in 2022, flattening at the previous year. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. Over the period under review, imports of hit record highs at 602K 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 expanded rapidly to $233K in 2022. Overall, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. Over the period under review, imports of hit record highs at $280K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to Latvia in 2022:

1. Italy (162.8K units)
2. Denmark (132.9K units)
3. Poland (55.5K units)
4. Estonia (51.1K units)
5. Finland (24.3K units)
6. Lithuania (14.1K units)
7. China (8.3K units)

Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Latvia

In 2022, the amount of slide fasteners; fitted with chain scoops of base metals exported from Latvia dropped significantly to 156K units, reducing by -28.3% against the previous year. In general, exports showed a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, the exports reached the peak of 217K units, and then dropped significantly in the following year.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals contracted rapidly to $71K in 2022. Over the period under review, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 149%. As a result, the exports reached the peak of $143K, and then dropped markedly in the following year.

Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from Latvia in 2022:

1. Ukraine (95.5K units)
2. Belarus (48.9K units)
3. Russia (6.9K units)
4. Germany (2.0K units)
5. Lithuania (0.2K units)

Source: IndexBox Market Intelligence Platform