Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela - 2022
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $27,876 per ton, jumping by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 27%. The import price peaked at $30,022 per ton in 2016; however, from 2017 to 2022, import prices stood 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 Japan ($72,088 per ton), while the price for China ($8,831 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.5%), 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 Venezuela (FOB) - 2022
The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $8,000 per ton in 2022, waning by -48.4% against the previous year. Overall, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 196%. As a result, the export price attained the peak level of $67,000 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($11,500 per ton), while the average price for exports to the Dominican Republic totaled $1,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-19.5%).
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela
In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor imported into Venezuela contracted dramatically to 467 kg, declining by -34.3% against the previous year. Over the period under review, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 103%. As a result, imports attained the peak of 711 kg, and then contracted dramatically in the following year.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor fell markedly to $13K in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, imports reached the peak of $17K, and then shrank notably in the following year.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1.2 | 1.6 | 2.5 | 2.6 | 29.4% |
| Japan | 1.9 | 2.2 | 3.2 | 2.5 | 9.6% |
| United States | 2.2 | 2.3 | 3.1 | 2.2 | 0.0% |
| Brazil | 1.9 | 0.7 | 2.7 | 2.0 | 1.7% |
| Panama | N/A | N/A | N/A | 1.0 | 0% |
| Peru | 1.8 | 0.5 | 0.1 | 0.8 | -23.7% |
| China | 1.3 | 0.7 | 0.3 | 0.7 | -18.6% |
| Taiwan (Chinese) | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Mexico | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
| Colombia | 0.5 | 0.1 | 3.3 | 0.2 | -26.3% |
| Others | 0.6 | 0.5 | 0.5 | 0.3 | -20.6% |
| Total | 12.2 | 9.4 | 16.6 | 13.0 | 2.1% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Venezuela in 2022:
- Hong Kong SAR (84.0 kg)
- China (83.0 kg)
- Brazil (74.0 kg)
- Peru (53.0 kg)
- United States (47.0 kg)
- Panama (35.0 kg)
- Japan (34.0 kg)
- Taiwan (Chinese) (24.0 kg)
- Mexico (17.0 kg)
- Colombia (13.0 kg)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela
In 2022, exports of press-fasteners, snap-fasteners, press-studs and parts therefor from Venezuela skyrocketed to 3 kg, picking up by 50% on 2021 figures. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 100% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted notably to $24 in 2022. Overall, exports, however, faced a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 23.0 | 0% |
| Dominican Republic | 24.0 | 17.0 | 31.0 | 1.0 | -65.3% |
| Others | 43.0 | N/A | N/A | N/A | 0% |
| Total | 67.0 | 17.0 | 31.0 | 24.0 | -29.0% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Venezuela in 2022:
- Spain (2.0 kg)
- Dominican Republic (1.0 kg)
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