Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Myanmar - 2022

Contents:

  1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Myanmar (CIF) - 2022
  2. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Myanmar

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

The average import price for slide fasteners; fitted with chain scoops of base metals stood at $0.1 per unit in 2022, waning by -6.4% against the previous year. Overall, the import price recorded a sharp slump. The growth pace was the most rapid in 2019 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs at $1.3 per unit in 2012; however, from 2013 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 Taiwan (Chinese) ($0.2 per unit), while the price for China (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 Taiwan (Chinese) (-18.7%), while the prices for the other major suppliers experienced a decline.

Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Myanmar

In 2022, supplies from abroad of slide fasteners; fitted with chain scoops of base metals decreased by -71% to 25M units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 891% against the previous year. As a result, imports attained the peak of 91M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals declined sharply to $1.4M in 2022. Overall, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 457% against the previous year. As a result, imports reached the peak of $5.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5604,2633,45478011.7%
Thailand69.369.728638777.4%
Vietnam74.122626390.97.0%
Taiwan (Chinese)12233547826.7-39.7%
Others171661631101-16.1%
Total9975,5555,1111,38611.6%

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

  1. China (17.6M units)
  2. Thailand (5.8M units)
  3. Vietnam (0.9M units)
  4. Taiwan (Chinese) (0.2M units)

Source: IndexBox Market Intelligence Platform

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