Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Pakistan - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Pakistan (CIF) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Pakistan
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Pakistan (CIF) - 2022
In 2022, the average import price for clasps and frames with clasps amounted to $2,819 per ton, declining by -23.4% against the previous year. Overall, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 an increase of 32%. Over the period under review, average import prices attained the peak figure at $5,129 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Germany ($7,404 per ton), while the price for China ($2,668 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Pakistan
After three years of growth, overseas purchases of clasps and frames with clasps decreased by -1% to 7.8 tons in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 421%.
In value terms, imports of clasps and frames with clasps contracted rapidly to $22K in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 243% against the previous year.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 8.6 | 11.6 | 18.9 | 119.0% |
| France | N/A | N/A | N/A | 1.3 | 0% |
| Germany | 2.0 | 0.7 | 3.1 | 0.7 | -29.5% |
| United Kingdom | N/A | 3.2 | N/A | N/A | 0% |
| Denmark | N/A | 1.9 | N/A | N/A | 0% |
| United States | N/A | 0.5 | 13.2 | N/A | 2540.0% |
| Others | 0.6 | 0.4 | 0.9 | 1.1 | 22.4% |
| Total | 4.4 | 15.2 | 28.9 | 21.9 | 70.7% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Pakistan in 2022:
- China (7.1 tons)
- France (0.5 tons)
- Germany (0.1 tons)
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