Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sudan - 2022

Contents:

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

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

The average import price for clasps and frames with clasps stood at $28,894 per ton in 2022, growing by 1.7% against the previous year. In general, the import price recorded a moderate increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 86%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Bulgaria ($206,000 per ton), while the price for Germany ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+81.2%), 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 Sudan

In 2022, imports of clasps and frames with clasps into Sudan shrank markedly to 47 kg, which is down by -50.5% compared with 2021 figures. Over the period under review, imports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 98% against the previous year.

In value terms, imports of clasps and frames with clasps reduced sharply to $1.4K in 2022. In general, imports continue to indicate a significant decline. The growth pace was the most rapid in 2021 with an increase of 157% against the previous year.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sudan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lebanon969433968467-21.6%
United Arab Emirates399247877396-0.3%
BulgariaN/AN/AN/A2060%
Egypt225125400162-10.4%
China86113331795.0-52.0%
Turkey33010512127.0-56.6%
Germany16.07.017.05.0-32.1%
OthersN/AN/AN/AN/A0%
Total2,8001,0502,7001,358-21.4%

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

  1. United Arab Emirates (22.0 kg)
  2. Lebanon (12.0 kg)
  3. Egypt (8.0 kg)
  4. China (2.0 kg)
  5. Turkey (1.0 kg)
  6. Germany (1.0 kg)
  7. Bulgaria (1.0 kg)

Source: IndexBox Market Intelligence Platform

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