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

Contents:

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

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

The average import price for clasps and frames with clasps stood at $9,279 per ton in December 2023, shrinking by -8.9% against the previous month. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in May 2023 an increase of 122% month-to-month. Over the period under review, average import prices attained the peak figure at $63,295 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($84,631 per ton), while the price for Spain ($3,293 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 Germany (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for clasps and frames with clasps stood at $34,549 per ton in 2022, increasing by 17% against the previous year. In general, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 47% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

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 France ($440,691 per ton), while the average price for exports to Lithuania ($5,663 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 China (+43.2%), 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 Italy

In 2022, approx. 76 tons of clasps and frames with clasps were imported into Italy; rising by 100% on the previous year's figure. In general, imports saw a resilient increase. 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 $1.8M in 2022. Over the period under review, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19527731735522.1%
China20612713029212.3%
Poland92.615214724438.1%
Spain99.525.373.422230.7%
United Kingdom61.438.113521852.6%
Netherlands17.923.949.5162108.4%
France7.96.623.378.9115.4%
Belgium24.810.620.962.135.8%
Portugal435N/A28.0N/A-74.6%
Others12314271.61271.1%
Total1,2638039961,76211.7%

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

  1. China (16.2 tons)
  2. Spain (14.9 tons)
  3. Germany (12.5 tons)
  4. Netherlands (7.5 tons)
  5. Poland (6.9 tons)
  6. France (5.5 tons)
  7. Belgium (4.8 tons)
  8. United Kingdom (3.5 tons)

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

In 2022, approx. 40 tons of clasps and frames with clasps were exported from Italy; dropping by -26.2% compared with the previous year. In general, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year.

In value terms, exports of clasps and frames with clasps shrank to $1.4M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 58%. As a result, the exports attained the peak of $1.6M, and then shrank in the following year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France16612038239333.3%
Portugal24511830537415.1%
Germany354398382301-5.3%
Spain144111107102-10.9%
IsraelN/A20.1N/A69.686.1%
Romania12333.620.060.8-20.9%
Lithuania5.44.47.511.327.9%
Greece6.56.010.73.1-21.9%
EgyptN/AN/A54.21.2-97.8%
Others32620834380.4-37.3%
Total1,3691,0191,6121,3970.7%

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

  1. Portugal (19.8 tons)
  2. Germany (10.6 tons)
  3. Spain (3.0 tons)
  4. Lithuania (2.0 tons)
  5. Israel (1.4 tons)
  6. France (0.9 tons)
  7. Greece (0.5 tons)
  8. Romania (0.4 tons)

Source: IndexBox Market Intelligence Platform

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