Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belgium - 2023

Contents:

1. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belgium (CIF) - 2023
2. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belgium (FOB) - 2022
3. Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belgium
4. Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belgium

Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Belgium (CIF) - 2023

The average import price for clasps and frames with clasps stood at $7,693 per ton in December 2023, picking up by 4.6% against the previous month. Overall, the import price, however, recorded a abrupt decline. The growth pace was the most rapid in August 2023 when the average import price increased by 18% month-to-month. The import price peaked at $14,823 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($18,418 per ton), while the price for France ($2,246 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for clasps and frames with clasps stood at $11,933 per ton in 2022, surging by 26% against the previous year. Over the period under review, the export price, however, showed a noticeable setback. The growth pace was the most rapid in 2018 when the average export price increased by 54% against the previous year. The export price peaked at $23,233 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($24,958 per ton), while the average price for exports to Romania ($6,394 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 Romania (+8.8%), 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 Belgium

After three years of growth, overseas purchases of clasps and frames with clasps decreased by -27.6% to 362 tons in 2022. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 84%. As a result, imports reached the peak of 500 tons, and then dropped remarkably in the following year.

In value terms, imports of clasps and frames with clasps declined to $2.6M in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports attained the peak of $2.7M, and then shrank in the following year.

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

1. Netherlands (166.4 tons)
2. France (105.8 tons)
3. China (47.0 tons)
4. Germany (30.0 tons)
5. Poland (6.8 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of clasps and frames with clasps, when their volume decreased by -19.3% to 54 tons. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 121%.

In value terms, exports of clasps and frames with clasps amounted to $650K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. France (14.3 tons)
2. Germany (14.3 tons)
3. Italy (5.8 tons)
4. Netherlands (5.3 tons)
5. Portugal (3.3 tons)
6. Spain (3.1 tons)
7. Romania (2.4 tons)
8. Poland (2.1 tons)
9. Denmark (0.6 tons)
10. Hungary (0.5 tons)
11. Luxembourg (0.3 tons)
12. United Kingdom (0.2 tons)
13. Slovenia (0.1 tons)

Source: IndexBox Market Intelligence Platform