Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway - 2024
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway (CIF) - 2022
The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $60,313 per ton in 2022, surging by 11% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for press-fasteners, snap-fasteners, press-studs and parts therefor increased by +65.1% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 23% against the previous year. As a result, import price reached the peak level of $61,998 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($103,536 per ton), while the price for Sweden ($42,578 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway (FOB) - 2022
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $41,721 per ton in 2022, rising by 16% against the previous year. In general, the export price showed a moderate expansion. The pace of growth appeared the most rapid in 2013 an increase of 95%. Over the period under review, the average export prices reached the maximum at $57,474 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($272,000 per ton), while the average price for exports to Iceland ($25,107 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway
For the third consecutive year, Norway recorded decline in purchases abroad of press-fasteners, snap-fasteners, press-studs and parts therefor, which decreased by -24.8% to 3.6 tons in 2022. Overall, imports saw a abrupt curtailment. The smallest decline of -8.1% was in 2021.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor fell remarkably to $216K in 2022. Over the period under review, imports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2021 when imports increased by 8.4%. As a result, imports attained the peak of $259K, and then shrank markedly in the following year.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 47.7 | 37.6 | 82.3 | 47.0 | -0.5% |
| Malaysia | 38.2 | 41.7 | 34.5 | 46.6 | 6.8% |
| Germany | 55.3 | 63.7 | 47.7 | 32.5 | -16.2% |
| United States | 12.9 | 10.0 | 28.9 | 27.5 | 28.7% |
| Denmark | 3.0 | 2.0 | 4.6 | 15.2 | 71.8% |
| Sweden | 12.5 | 18.5 | 18.4 | 13.0 | 1.3% |
| Italy | 4.6 | 9.0 | 3.4 | 4.1 | -3.8% |
| United Kingdom | 20.2 | 28.4 | 19.1 | 4.0 | -41.7% |
| Indonesia | 0.3 | 5.2 | N/A | N/A | 1633.3% |
| Estonia | 17.0 | N/A | N/A | N/A | 0% |
| Others | 21.0 | 23.4 | 20.4 | 25.8 | 7.1% |
| Total | 233 | 239 | 259 | 216 | -2.5% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Norway in 2022:
- China (1007.0 kg)
- Germany (655.0 kg)
- Malaysia (450.0 kg)
- Denmark (336.0 kg)
- Sweden (306.0 kg)
- United States (289.0 kg)
- Italy (81.0 kg)
- United Kingdom (55.0 kg)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway
In 2022, exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Norway shrank to 491 kg, dropping by -5.9% on 2021. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 83%.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor rose significantly to $20K in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 2.3 | N/A | 1.4 | 7.0 | 44.9% |
| Sweden | N/A | 1.6 | 0.2 | 3.9 | 56.1% |
| Estonia | 4.2 | 4.5 | 7.0 | 3.6 | -5.0% |
| Russia | N/A | 3.2 | 2.9 | 2.7 | -8.1% |
| Iceland | N/A | N/A | N/A | 0.7 | 0% |
| Lithuania | 6.8 | 2.8 | 2.4 | 0.7 | -53.1% |
| Poland | 4.9 | N/A | 2.6 | N/A | -27.2% |
| Others | 1.2 | 4.3 | 2.3 | 1.9 | 16.6% |
| Total | 19.5 | 16.4 | 18.7 | 20.5 | 1.7% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Norway in 2022:
- Latvia (196.0 kg)
- Estonia (139.0 kg)
- Sweden (56.0 kg)
- Russia (31.0 kg)
- Iceland (28.0 kg)
- Lithuania (26.0 kg)
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