Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belarus - 2022

Contents:

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

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

The average import price for clasps and frames with clasps stood at $10,757 per ton in 2022, standing approx. at the previous year. In general, the import price, however, showed a slight decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 15% against the previous year. The import price peaked at $14,950 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($64,104 per ton), while the price for Turkey ($5,671 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for clasps and frames with clasps amounted to $14,107 per ton, with an increase of 21% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($14,943 per ton), while the average price for exports to Lithuania ($7,039 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 Kazakhstan (+3.6%), 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 Belarus

In 2022, approx. 85 tons of clasps and frames with clasps were imported into Belarus; picking up by 15% on 2021 figures. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 58%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of clasps and frames with clasps soared to $916K in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16523448050945.6%
United Kingdom2793212142840.6%
Russia34.033.929.734.00.0%
Poland40.327.210.827.3-12.2%
Italy17.38.27.911.6-12.5%
Turkey17.51.23.67.8-23.6%
Belgium43.10.7N/AN/A-98.4%
Others61.046.847.742.9-11.1%
Total65767479491611.7%

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

  1. China (69.9 tons)
  2. Russia (4.7 tons)
  3. United Kingdom (4.4 tons)
  4. Poland (1.8 tons)
  5. Turkey (1.4 tons)
  6. Italy (1.2 tons)

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

In 2022, approx. 4.4 tons of clasps and frames with clasps were exported from Belarus; which is down by -93.6% on 2021 figures. Over the period under review, exports continue to indicate a dramatic decline. The smallest decline of -1.9% was in 2021.

In value terms, exports of clasps and frames with clasps shrank notably to $62K in 2022. Overall, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $800K, and then fell markedly in the following year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia45242251139.7-55.5%
Ukraine18921520716.1-56.0%
Lithuania30.711.214.01.4-64.3%
Latvia5.90.717.91.4-38.1%
Kazakhstan8.616.416.71.3-46.7%
Others14.013.533.31.7-50.5%
Total70067880061.7-55.5%

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

  1. Russia (2706.0 kg)
  2. Ukraine (1156.0 kg)
  3. Lithuania (203.0 kg)
  4. Latvia (107.0 kg)
  5. Kazakhstan (87.0 kg)

Source: IndexBox Market Intelligence Platform

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