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

Contents:

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

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

The average import price for clasps and frames with clasps stood at $8,800 per ton in 2022, which is down by -26.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 35% against the previous year. Over the period under review, average import prices reached the peak figure at $11,979 per ton in 2021, and then declined dramatically 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 Germany ($40,834 per ton), while the price for the Czech Republic ($1,332 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.2%), 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 Lithuania (FOB) - 2022

The average export price for clasps and frames with clasps stood at $19,589 per ton in 2022, dropping by -12.8% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2020 an increase of 72% against the previous year. As a result, the export price reached the peak level of $33,623 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($74,180 per ton), while the average price for exports to Kazakhstan ($4,750 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 Germany (+33.9%), 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 Lithuania

Imports of clasps and frames with clasps into Lithuania soared to 71 tons in 2022, increasing by 41% against 2021. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of clasps and frames with clasps stood at $624K in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of $666K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11722625019418.4%
China10289.710013710.3%
Estonia35.554.734.454.515.4%
United States12873.651.846.5-28.6%
Belgium25.832.128.538.814.6%
Poland51.241.650.431.5-14.9%
Czech Republic1.524.85.119.1133.5%
Others12112482.9103-5.2%
Total5836666036242.3%

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

  1. China (28.0 tons)
  2. Czech Republic (14.3 tons)
  3. Estonia (7.8 tons)
  4. Germany (4.7 tons)
  5. United States (3.4 tons)
  6. Belgium (3.0 tons)
  7. Poland (2.6 tons)

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

Exports of clasps and frames with clasps from Lithuania contracted rapidly to 2.8 tons in 2022, waning by -44.6% against 2021. Over the period under review, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 37%.

In value terms, exports of clasps and frames with clasps reduced dramatically to $55K in 2022. In general, exports continue to indicate a precipitous decrease. The smallest decline of -8.3% was in 2021.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia19.419.123.620.41.7%
Russia67.455.959.37.8-51.3%
Estonia6.79.65.35.5-6.4%
Germany2.84.72.04.517.1%
Finland2.31.12.93.919.2%
United Kingdom0.1N/A0.71.7157.1%
Hong Kong SARN/AN/AN/A1.70%
Belarus38.81.01.10.4-78.2%
Kazakhstan0.50.72.70.3-15.7%
Ukraine21.6N/AN/A0.1-83.3%
Others11.032.716.89.1-6.1%
Total17112511455.3-31.4%

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

  1. Latvia (1240.0 kg)
  2. Russia (489.0 kg)
  3. Estonia (460.0 kg)
  4. Finland (142.0 kg)
  5. United Kingdom (72.0 kg)
  6. Hong Kong SAR (63.0 kg)
  7. Germany (61.0 kg)
  8. Kazakhstan (56.0 kg)
  9. Belarus (53.0 kg)
  10. Ukraine (5.0 kg)

Source: IndexBox Market Intelligence Platform

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