Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Myanmar - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Myanmar (CIF) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Myanmar
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Myanmar (CIF) - 2022
In 2022, the average import price for clasps and frames with clasps amounted to $3,818 per ton, falling by -4.6% against the previous year. Overall, the import price saw a noticeable reduction. The pace of growth was the most pronounced in 2019 an increase of 227% against the previous year. Over the period under review, average import prices hit record highs at $13,250 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 China ($5,217 per ton), while the price for Vietnam ($981 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Myanmar
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 42,875% to 1.7 tons. Over the period under review, imports, however, faced a deep reduction.
In value terms, imports of clasps and frames with clasps skyrocketed to $6.6K in 2022. Overall, imports, however, recorded a precipitous shrinkage.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 1.0 | N/A | 6.0 | 7.7% |
| Vietnam | N/A | N/A | N/A | 0.3 | 0% |
| Thailand | N/A | N/A | N/A | 0.3 | 0% |
| Japan | 19.0 | 6.9 | N/A | N/A | -63.7% |
| India | 2.9 | N/A | N/A | N/A | 0% |
| Others | 0.5 | N/A | N/A | N/A | 0% |
| Total | 27.2 | 8.0 | N/A | 6.6 | -37.6% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Myanmar in 2022:
- China (1150.0 kg)
- Vietnam (320.0 kg)
- Thailand (249.0 kg)
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