Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India (CIF) - 2022
The average import price for clasps and frames with clasps stood at $9,435 per ton in 2022, falling by -32.9% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 19%. As a result, import price attained the peak level of $14,051 per ton, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($42,935 per ton), while the price for the Netherlands ($4,268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.1%), 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 India (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $10,924 per ton, growing by 2.5% against the previous year. Overall, the export price posted a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 249%. Over the period under review, the average export prices reached the maximum at $31,106 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 the United Arab Emirates ($16,873 per ton), while the average price for exports to Singapore ($5,545 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 France (+15.5%), 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 India
In 2022, after two years of decline, there was significant growth in purchases abroad of clasps and frames with clasps, when their volume increased by 25% to 36 tons. Over the period under review, imports, however, showed a slight decrease.
In value terms, imports of clasps and frames with clasps contracted sharply to $340K in 2022. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 5.8%.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 79.8 | 29.2 | 218 | 167 | 27.9% |
| Germany | 265 | 238 | 102 | 62.1 | -38.3% |
| Netherlands | 3.1 | 31.7 | 22.9 | 42.0 | 138.4% |
| United States | 11.3 | 8.1 | 8.5 | 14.5 | 8.7% |
| Austria | 0.2 | 37.2 | 0.2 | 13.8 | 310.2% |
| Italy | 16.1 | 10.6 | 6.4 | 12.2 | -8.8% |
| United Kingdom | 14.6 | 9.3 | 7.1 | 10.6 | -10.1% |
| Others | 31.0 | 18.6 | 40.3 | 17.7 | -17.0% |
| Total | 421 | 383 | 405 | 340 | -6.9% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to India in 2022:
- China (14.6 tons)
- Netherlands (9.8 tons)
- Germany (8.1 tons)
- Austria (1.0 tons)
- Italy (0.6 tons)
- United Kingdom (0.5 tons)
- United States (0.3 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India
In 2022, the amount of clasps and frames with clasps exported from India declined markedly to 4.9 tons, waning by -61.7% compared with the previous year's figure. Over the period under review, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 218%. As a result, the exports attained the peak of 13 tons, and then contracted remarkably in the following year.
In value terms, exports of clasps and frames with clasps contracted sharply to $54K in 2022. Overall, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 58%.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 0.8 | 16.9 | 48.1 | 16.8 | 175.9% |
| Nepal | 0.6 | 6.5 | 2.9 | 6.1 | 116.6% |
| Bangladesh | 0.7 | 0.2 | 0.1 | 4.0 | 78.8% |
| United States | 8.7 | 9.8 | 16.6 | 3.7 | -24.8% |
| United Arab Emirates | 3.5 | 5.3 | 22.4 | 2.6 | -9.4% |
| Chile | N/A | N/A | N/A | 2.3 | 0% |
| Saudi Arabia | 11.7 | 14.6 | 8.4 | 1.8 | -46.4% |
| Israel | N/A | N/A | N/A | 1.8 | 0% |
| Singapore | 18.4 | 4.8 | 0.9 | 1.5 | -56.6% |
| Tanzania | 0.1 | N/A | 0.7 | 1.3 | 135.1% |
| France | 0.7 | N/A | N/A | 1.2 | 19.7% |
| Qatar | 2.7 | 0.4 | 9.3 | 1.1 | -25.9% |
| South Korea | 3.3 | 4.0 | 0.4 | 0.8 | -37.6% |
| Others | 104 | 24.0 | 27.2 | 8.9 | -55.9% |
| Total | 155 | 86.5 | 137 | 53.8 | -29.7% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from India in 2022:
- Oman (1116.0 kg)
- Nepal (819.0 kg)
- Bangladesh (488.0 kg)
- United States (423.0 kg)
- Singapore (264.0 kg)
- Israel (192.0 kg)
- Saudi Arabia (191.0 kg)
- Tanzania (166.0 kg)
- United Arab Emirates (157.0 kg)
- Chile (154.0 kg)
- France (103.0 kg)
- Qatar (96.0 kg)
- South Korea (90.0 kg)
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