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

Contents:

  1. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Switzerland (CIF) - 2024
  2. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Switzerland (FOB) - 2022
  3. Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Switzerland
  4. Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Switzerland

Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Switzerland (CIF) - 2024

The average import price for clasps and frames with clasps stood at $23,976 per ton in January 2024, which is down by -44.5% against the previous month. In general, the import price saw a noticeable shrinkage. The growth pace was the most rapid in August 2023 an increase of 83% m-o-m. As a result, import price reached the peak level of $67,698 per ton. From September 2023 to January 2024, 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 China ($36,346 per ton), while the price for Poland ($16,023 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for clasps and frames with clasps amounted to $137,409 per ton, growing by 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2018 when the average export price increased by 29%. The export price peaked at $140,429 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($839,928 per ton), while the average price for exports to Slovakia ($27,676 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 China (+19.1%), 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 Switzerland

In 2022, overseas purchases of clasps and frames with clasps decreased by -1.2% to 27 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, imports reached the peak of 30 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of clasps and frames with clasps shrank to $1.1M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, imports reached the peak of $1.2M, and then contracted in the following year.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40245055453610.1%
China14221728025822.0%
France60.698.765.257.2-1.9%
Bosnia and Herzegovina21.5N/A18.250.933.3%
United Kingdom20.034.334.147.533.4%
Italy24.57.623.237.315.0%
Taiwan (Chinese)50.095.283.524.7-20.9%
United States11867.556.814.6-50.2%
Netherlands29.915.342.012.9-24.4%
Others98.645.274.196.6-0.7%
Total9671,0311,2311,1365.5%

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

  1. China (11.4 tons)
  2. Germany (10.3 tons)
  3. Bosnia and Herzegovina (1.2 tons)
  4. Taiwan (Chinese) (0.8 tons)
  5. United Kingdom (0.6 tons)
  6. Italy (0.5 tons)
  7. France (0.4 tons)
  8. Netherlands (0.3 tons)
  9. United States (0.1 tons)

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

For the third year in a row, Switzerland recorded decline in shipments abroad of clasps and frames with clasps, which decreased by -5.7% to 3.2 tons in 2022. Overall, exports saw a precipitous shrinkage. The smallest decline of -0.6% was in 2021.

In value terms, exports of clasps and frames with clasps dropped to $439K in 2022. In general, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 16% against the previous year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany180142200157-4.5%
GabonN/AN/AN/A1160%
Hong Kong SAR38.710.920.336.2-2.2%
India13.00.32.029.130.8%
United States27.615.539.616.7-15.4%
Poland32.015.21.314.2-23.7%
China22657.91.712.9-61.5%
DenmarkN/A2.03.212.0144.9%
Turkey4.09.99.210.136.2%
South Korea33.332.758.19.8-33.5%
SlovakiaN/A0.30.13.9260.6%
Tunisia92.80.716.41.6-74.2%
Angola18.6N/AN/AN/A0%
Others23993.791.619.6-56.6%
Total905381444439-21.4%

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

  1. Germany (1676.0 kg)
  2. Hong Kong SAR (243.0 kg)
  3. India (209.0 kg)
  4. Turkey (206.0 kg)
  5. Slovakia (142.0 kg)
  6. Gabon (138.0 kg)
  7. Poland (130.0 kg)
  8. China (90.0 kg)
  9. South Korea (70.0 kg)
  10. Denmark (62.0 kg)
  11. United States (55.0 kg)
  12. Tunisia (15.0 kg)

Source: IndexBox Market Intelligence Platform

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