Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan (CIF) - 2023
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan (CIF) - 2023
In November 2023, the average import price for clasps and frames with clasps amounted to $38,814 per ton, with an increase of 124% against the previous month. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 201% month-to-month. As a result, import price attained the peak level of $57,440 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($61,948 per ton), while the price for Thailand ($13,990 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+8.1%), 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 Japan (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $23,901 per ton, with a decrease of -47.1% against the previous year. Over the period under review, the export price, however, posted a slight expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices attained the peak figure at $45,210 per ton in 2021, and then dropped dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($111,266 per ton), while the average price for exports to Saudi Arabia ($9,712 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 Thailand (+19.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan
For the third consecutive year, Japan recorded decline in purchases abroad of clasps and frames with clasps, which decreased by -5.9% to 88 tons in 2022. In general, imports recorded a deep setback.
In value terms, imports of clasps and frames with clasps skyrocketed to $2.3M in 2022. Over the period under review, imports showed a abrupt curtailment.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 178 | 679 | 186 | 1,002 | 77.9% |
| China | 936 | 814 | 728 | 810 | -4.7% |
| Thailand | 1,649 | 643 | 367 | 217 | -49.1% |
| Germany | 37.8 | 50.2 | 47.1 | 126 | 49.4% |
| South Korea | 76.0 | 88.1 | 82.6 | 66.9 | -4.2% |
| Others | 215 | 44.9 | 62.4 | 90.7 | -25.0% |
| Total | 3,091 | 2,319 | 1,473 | 2,314 | -9.2% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Japan in 2022:
- China (54.3 tons)
- Taiwan (Chinese) (15.9 tons)
- Thailand (11.3 tons)
- South Korea (3.3 tons)
- Germany (2.1 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Japan
In 2022, shipments abroad of clasps and frames with clasps was finally on the rise to reach 30 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of clasps and frames with clasps surged to $725K in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached 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 Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 108 | 80.4 | 71.4 | 303 | 41.0% |
| Germany | 115 | 121 | 99.3 | 115 | 0.0% |
| South Korea | 214 | 122 | 255 | 58.1 | -35.2% |
| United States | 2.6 | 16.9 | 9.4 | 41.1 | 151.0% |
| Indonesia | 64.8 | 54.1 | 29.1 | 37.6 | -16.6% |
| Saudi Arabia | N/A | 26.0 | 3.3 | 36.2 | 18.0% |
| Vietnam | 18.2 | 23.9 | 46.5 | 21.7 | 6.0% |
| Taiwan (Chinese) | 12.8 | 10.0 | 1.9 | 21.4 | 18.7% |
| Others | 103 | 102 | 55.9 | 90.6 | -4.2% |
| Total | 639 | 557 | 572 | 725 | 4.3% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Japan in 2022:
- China (15.6 tons)
- Germany (4.0 tons)
- Saudi Arabia (3.7 tons)
- Indonesia (2.2 tons)
- Taiwan (Chinese) (1.1 tons)
- United States (0.9 tons)
- South Korea (0.7 tons)
- Vietnam (0.5 tons)
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