Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China - 2024
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China (FOB) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China (CIF) - 2022
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $9,898 per ton, picking up by 18% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2013 when the average export price increased by 18%. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Australia ($18,305 per ton), while the average price for exports to France ($3,456 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 Malaysia (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China (CIF) - 2022
In 2022, the average import price for clasps and frames with clasps amounted to $28,931 per ton, shrinking by -3.8% against the previous year. In general, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 36%. As a result, import price reached the peak level of $70,479 per ton. From 2018 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 Italy ($348,560 per ton), while the price for Japan ($19,593 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China
In 2022, approx. 3.8K tons of clasps and frames with clasps were exported from China; picking up by 4.8% compared with 2021 figures. Over the period under review, exports, however, saw a mild contraction. The growth pace was the most rapid in 2021 with an increase of 5.8% against the previous year.
In value terms, exports of clasps and frames with clasps surged to $38M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 9.3 | 8.5 | 8.7 | 6.9 | -9.5% |
| United States | 5.2 | 6.3 | 7.5 | 6.6 | 8.3% |
| Australia | 0.5 | 1.0 | 1.9 | 6.1 | 130.2% |
| Malaysia | 0.1 | 0.2 | 0.6 | 2.4 | 188.4% |
| Netherlands | 1.6 | 1.2 | 1.5 | 1.8 | 4.0% |
| Singapore | 0.6 | 0.3 | 0.5 | 1.5 | 35.7% |
| United Arab Emirates | 1.2 | 0.8 | 0.7 | 1.2 | 0.0% |
| Germany | 0.6 | 0.7 | 0.9 | 1.0 | 18.6% |
| Brazil | 0.4 | 0.8 | 0.4 | 0.8 | 26.0% |
| France | 0.9 | 0.6 | 0.7 | 0.7 | -8.0% |
| India | 0.6 | 0.2 | 0.7 | 0.6 | 0.0% |
| Kazakhstan | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
| Saudi Arabia | N/A | 0.1 | 0.2 | 0.3 | 73.2% |
| Others | 7.0 | 5.1 | 6.2 | 7.6 | 2.8% |
| Total | 28.5 | 26.1 | 30.6 | 37.9 | 10.0% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from China in 2022:
- United States (766.0 tons)
- Japan (513.7 tons)
- Australia (331.6 tons)
- Netherlands (266.1 tons)
- United Arab Emirates (194.1 tons)
- France (189.4 tons)
- Brazil (148.2 tons)
- Malaysia (137.0 tons)
- Germany (118.9 tons)
- Singapore (103.3 tons)
- Kazakhstan (97.3 tons)
- India (79.8 tons)
- Saudi Arabia (64.9 tons)
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China
In 2022, imports of clasps and frames with clasps into China contracted to 54 tons, with a decrease of -9.5% against the previous year. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.
In value terms, imports of clasps and frames with clasps fell to $1.6M in 2022. In general, imports recorded a sharp descent.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 866 | 862 | 1,063 | 887 | 0.8% |
| United States | 1,461 | 725 | 182 | 254 | -44.2% |
| Germany | 375 | 328 | 150 | 162 | -24.4% |
| Belgium | 19.4 | 38.2 | 88.1 | 34.5 | 21.2% |
| Taiwan (Chinese) | 131 | 101 | 32.1 | 25.9 | -41.7% |
| United Kingdom | 139 | 103 | 33.6 | 21.9 | -46.0% |
| South Korea | 85.8 | 8.9 | 6.9 | 4.9 | -61.5% |
| Others | 382 | 289 | 250 | 182 | -21.9% |
| Total | 3,458 | 2,455 | 1,806 | 1,572 | -23.1% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to China in 2022:
- Japan (45.3 tons)
- Belgium (1.7 tons)
- Taiwan (Chinese) (1.2 tons)
- United States (0.8 tons)
- Germany (0.8 tons)
- United Kingdom (0.6 tons)
- South Korea (0.1 tons)
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