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

Contents:

  1. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Spain (CIF) - 2023
  2. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Spain (FOB) - 2022
  3. Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Spain
  4. Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Spain

Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Spain (CIF) - 2023

In December 2023, the average import price for clasps and frames with clasps amounted to $27,635 per ton, picking up by 107% against the previous month. Overall, the import price, however, showed a mild decline. The pace of growth was the most pronounced in September 2023 an increase of 846% against the previous month. As a result, import price attained the peak level of $62,535 per ton. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($245K per ton), while the price for Portugal ($14,423 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Greece (+146.1%), 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 Spain (FOB) - 2022

In 2022, the average export price for clasps and frames with clasps amounted to $17,139 per ton, jumping by 32% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the average export price increased by 159%. As a result, the export price attained the peak level of $17,631 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($27,738 per ton), while the average price for exports to Morocco ($5,939 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 France (+3.7%), 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 Spain

In 2022, approx. 217 tons of clasps and frames with clasps were imported into Spain; picking up by 60% against the previous year. Overall, imports showed significant growth. 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 soared to $4.5M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal3011823451,47669.9%
China2296577011,18873.1%
Germany649552893558-4.9%
France19416830752839.6%
United Kingdom19532634330416.0%
Netherlands2.810.642.4151277.8%
Hong Kong SAR3.210.025.252.1153.5%
Italy10710963.447.5-23.7%
Turkey52.871.231.528.6-18.5%
Others13499.2194120-3.6%
Total1,8682,1852,9464,45233.6%

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

  1. Portugal (95.7 tons)
  2. China (55.5 tons)
  3. France (25.9 tons)
  4. Germany (13.4 tons)
  5. Netherlands (8.1 tons)
  6. United Kingdom (4.2 tons)
  7. Hong Kong SAR (4.0 tons)
  8. Italy (3.2 tons)
  9. Turkey (1.9 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of clasps and frames with clasps, when their volume decreased by -29% to 230 tons. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, the exports attained the peak of 325 tons, and then declined notably in the following year.

In value terms, exports of clasps and frames with clasps dropped to $3.9M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of $4.2M, and then dropped in the following year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8879591,1689743.2%
United Kingdom12120662647157.3%
Netherlands26920537140614.7%
Germany383278490358-2.2%
Morocco31.90.116.9290108.7%
Portugal306350546256-5.8%
Poland19.258.7232252135.9%
Italy14915916221813.5%
Others51954860372511.8%
Total2,6842,7644,2153,95013.7%

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

  1. France (49.8 tons)
  2. Morocco (48.8 tons)
  3. Portugal (27.5 tons)
  4. United Kingdom (20.0 tons)
  5. Germany (19.4 tons)
  6. Netherlands (14.7 tons)
  7. Poland (11.7 tons)
  8. Italy (10.6 tons)

Source: IndexBox Market Intelligence Platform

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