Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia - 2024

Contents:

  1. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia (CIF) - 2022
  2. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia (FOB) - 2022
  3. Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia
  4. Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia

Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia (CIF) - 2022

In 2022, the average import price for clasps and frames with clasps amounted to $13,421 per ton, with a decrease of -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 67%. As a result, import price reached the peak level of $17,432 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($13,443 per ton) and China ($13,421 per ton), while the price for Germany ($13,419 per ton) and Israel ($13,420 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia (FOB) - 2022

In 2022, the average export price for clasps and frames with clasps amounted to $24,933 per ton, increasing by 15% against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices hit record highs at $32,977 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($24,977 per ton) and Papua New Guinea ($24,938 per ton), while the average price for exports to the United States ($24,908 per ton) and Indonesia ($24,920 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia

For the fourth year in a row, Australia recorded growth in supplies from abroad of clasps and frames with clasps, which increased by 29% to 105 tons in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 89% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of clasps and frames with clasps surged to $1.4M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 62%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3526789641,29254.3%
Israel1.411.856.450.2229.8%
Germany51.92.79.014.4-34.8%
Others46.937.980.246.7-0.1%
Total4527301,1091,40345.9%

Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Australia in 2022:

  1. China (96.2 tons)
  2. Israel (3.7 tons)
  3. Germany (1.1 tons)

Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia

In 2022, exports of clasps and frames with clasps from Australia skyrocketed to 9.7 tons, increasing by 25% on the previous year's figure. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 461% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of clasps and frames with clasps surged to $243K in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 382% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.6N/A9.4128330.9%
DenmarkN/AN/AN/A34.80%
New Zealand7.717.335.628.454.5%
Papua New Guinea1.62.820.626.2153.9%
IndonesiaN/AN/AN/A6.50%
United StatesN/A2.5N/A6.358.7%
ThailandN/AN/AN/A5.30%
Hong Kong SARN/AN/A65.4N/A0%
NetherlandsN/AN/A37.8N/A0%
Others2.612.50.27.643.0%
Total13.635.1169243161.4%

Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Australia in 2022:

  1. China (5.1 tons)
  2. Denmark (1.4 tons)
  3. Papua New Guinea (1.1 tons)
  4. New Zealand (1.1 tons)
  5. Indonesia (0.3 tons)
  6. United States (0.3 tons)
  7. Thailand (0.2 tons)

Source: IndexBox Market Intelligence Platform

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