Price for Slide Fasteners and Parts Thereof in Colombia - 2022

Contents:

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

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

In 2022, the average import price for slide fasteners and parts thereoves amounted to $0.2 per unit, waning by -2.7% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 86%. Over the period under review, average import prices hit record highs at $0.2 per unit in 2021, and then shrank in the following year.

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 the United States ($0.4 per unit), while the price for China ($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 Taiwan (Chinese) (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for slide fasteners and parts thereoves amounted to $0.2 per unit, increasing by 2.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 15% against the previous year. The export price peaked at $0.2 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Mexico ($0.3 per unit), while the average price for exports to Peru ($0.1 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 Ecuador (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Slide Fasteners and Parts Thereof in Colombia

In 2022, slide fasteners and parts thereof imports into Colombia declined sharply to 54M units, with a decrease of -25.3% against 2021 figures. In general, imports recorded a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 32%. Imports peaked at 313M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, slide fasteners and parts thereof imports contracted remarkably to $9.4M in 2022. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 121%. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Slide Fasteners and Parts Thereof in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.02.44.43.2-18.9%
Peru4.51.23.42.5-17.8%
United States3.31.02.21.6-21.4%
Mexico2.10.51.31.0-21.9%
Taiwan (Chinese)0.50.10.30.2-26.3%
Others1.50.61.20.9-15.7%
Total17.95.812.99.4-19.3%

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

  1. China (39.1M units)
  2. Peru (6.7M units)
  3. United States (3.7M units)
  4. Mexico (2.3M units)
  5. Taiwan (Chinese) (0.8M units)

Exports of Slide Fasteners and Parts Thereof in Colombia

In 2022, approx. 3.2M units of slide fasteners and parts thereoves were exported from Colombia; waning by -13.3% compared with 2021 figures. Overall, exports saw a deep setback. The growth pace was the most rapid in 2021 when exports increased by 40%. Over the period under review, the exports attained the peak figure at 6M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, slide fasteners and parts thereof exports shrank to $593K in 2022. Over the period under review, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, the exports attained the peak figure at $1.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Slide Fasteners and Parts Thereof in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador886254496393-23.7%
Mexico11375.010382.0-10.1%
Peru1601330.161.9-27.1%
Costa Rica0.63.228.322.4234.2%
Panama56.039.38.322.3-26.4%
Others35.412.631.511.3-31.7%
Total1,250518668593-22.0%

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

  1. Ecuador (1894.0K units)
  2. Peru (633.2K units)
  3. Mexico (266.9K units)
  4. Costa Rica (153.9K units)
  5. Panama (120.6K units)

Source: IndexBox Market Intelligence Platform

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