Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Iraq - 2022
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Iraq (CIF) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Iraq
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Iraq (CIF) - 2022
In 2022, the average import price for clasps and frames with clasps amounted to $5,158 per ton, rising by 77% against the previous year. Overall, the import price, however, recorded a perceptible shrinkage. Over the period under review, average import prices attained the peak figure at $12,719 per ton in 2016; however, from 2017 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 South Korea ($44,902 per ton), while the price for Turkey ($2,908 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.2%), while the prices for the other major suppliers experienced a decline.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Iraq
In 2022, imports of clasps and frames with clasps into Iraq stood at 31 tons, increasing by 13% against the previous year. In general, imports showed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 350% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of clasps and frames with clasps surged to $159K in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 170% against the previous year. Imports peaked 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 Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 13.9 | 38.5 | 90.7 | 218.8% |
| South Korea | N/A | N/A | N/A | 44.8 | 0% |
| Turkey | 6.0 | 2.0 | 2.6 | 15.5 | 37.2% |
| United Arab Emirates | N/A | 7.6 | 7.8 | 1.0 | -63.7% |
| Iran | 78.9 | 1.4 | 28.5 | N/A | -39.9% |
| Others | 3.3 | 4.4 | 2.0 | 6.9 | 27.9% |
| Total | 91.1 | 29.4 | 79.5 | 159 | 20.4% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Iraq in 2022:
- China (23.9 tons)
- Turkey (5.3 tons)
- South Korea (1.0 tons)
- United Arab Emirates (0.1 tons)
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