Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Paraguay - 2024

Contents:

  1. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Paraguay (CIF) - 2022
  2. Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Paraguay

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

In 2022, the average import price for clasps and frames with clasps amounted to $5,092 per ton, with an increase of 20% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 54%. The import price peaked at $7,392 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($9,854 per ton), while the price for China ($2,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.9%), 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 Paraguay

In 2022, purchases abroad of clasps and frames with clasps decreased by -21.9% to 19 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 111% against the previous year. As a result, imports attained the peak of 25 tons, and then contracted significantly in the following year.

In value terms, imports of clasps and frames with clasps shrank to $98K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 89%. As a result, imports attained the peak of $104K, and then contracted in the following year.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil25.624.534.836.412.4%
China26.518.251.736.010.8%
Turkey0.3N/AN/A6.2174.4%
Others16.012.517.819.46.6%
Total68.455.110497.912.7%

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

  1. China (13.9 tons)
  2. Brazil (4.3 tons)
  3. Turkey (0.6 tons)

Source: IndexBox Market Intelligence Platform

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