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

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $26,897 per ton, reducing by -21.7% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clasps and frames with clasps increased by +22.1% against 2017 indices. The growth pace was the most rapid in 2013 when the average import price increased by 92% against the previous year. The import price peaked at $34,363 per ton in 2021, and then fell sharply in the following year.

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 the UK ($87,507 per ton), while the price for China ($14,309 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+20.6%), 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 Denmark (FOB) - 2022

In 2022, the average export price for clasps and frames with clasps amounted to $22,925 per ton, which is down by -1.9% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 176%. As a result, the export price reached the peak level of $53,412 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($92,810 per ton), while the average price for exports to New Zealand ($5,134 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 Sweden (+14.1%), 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 Denmark

In 2022, the amount of clasps and frames with clasps imported into Denmark skyrocketed to 33 tons, rising by 63% compared with 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of clasps and frames with clasps soared to $888K in 2022. In general, imports showed a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.821.17.719286.1%
Netherlands16584.82771782.6%
Germany39287.3106143-28.5%
Poland22.816.611712274.9%
Sweden85.892.410111710.9%
United Kingdom70.366.116.037.5-18.9%
Belgium25.536.122.421.7-5.2%
Taiwan (Chinese)3.0N/A0.214.368.3%
Others61.217.149.861.90.4%
Total8554226988881.3%

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

  1. China (13.4 tons)
  2. Netherlands (9.5 tons)
  3. Germany (3.5 tons)
  4. Sweden (2.7 tons)
  5. Poland (1.6 tons)
  6. Taiwan (Chinese) (1.0 tons)
  7. Belgium (0.5 tons)
  8. United Kingdom (0.4 tons)

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

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 -24.7% to 14 tons. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 663%. As a result, the exports attained the peak of 19 tons, and then declined notably in the following year.

In value terms, exports of clasps and frames with clasps dropped notably to $326K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 511%. As a result, the exports reached the peak of $440K, and then dropped significantly in the following year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.926.0235109103.7%
ItalyN/AN/A14.448.8238.9%
Norway3.58.131.838.1121.6%
United Kingdom7.43.38.325.250.4%
Sweden4.312.130.920.869.1%
France0.32.117.97.7195.0%
New ZealandN/AN/A0.14.84700.0%
Faroe IslandsN/AN/A9.6N/A0%
Others22.720.592.371.646.7%
Total51.372.144032685.2%

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

  1. Germany (9.1 tons)
  2. Norway (1.6 tons)
  3. New Zealand (0.9 tons)
  4. Italy (0.5 tons)
  5. United Kingdom (0.5 tons)
  6. Sweden (0.3 tons)
  7. France (0.1 tons)

Source: IndexBox Market Intelligence Platform

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