Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States - 2024
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States (CIF) - 2024
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States (FOB) - 2024
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States (CIF) - 2024
The average import price for clasps and frames with clasps stood at $9,861 per ton in December 2023, with a decrease of -43.2% against the previous month. Over the period under review, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 113% against the previous month. The import price peaked at $24,869 per ton in March 2023; however, from April 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Israel ($72,612 per ton), while the price for China ($3,158 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States (FOB) - 2024
The average export price for clasps and frames with clasps stood at $28,919 per ton in December 2023, falling by -51.5% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 112% m-o-m. As a result, the export price attained the peak level of $59,641 per ton, and then reduced dramatically in the following month.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the United Arab Emirates ($310K per ton), while the average price for exports to China ($24,863 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+30.3%), 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 the United States
In 2022, approx. 1K tons of clasps and frames with clasps were imported into the United States; jumping by 42% against 2021. Overall, imports posted a significant expansion. 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 stood at $8.2M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 43%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 2.3 | 3.3 | 4.4 | 32.3% |
| Israel | N/A | 2.0 | 3.0 | 2.3 | 7.2% |
| Germany | 0.6 | 0.4 | 0.4 | 0.5 | -5.9% |
| South Korea | 0.7 | 0.5 | 0.7 | 0.3 | -24.6% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.5 | 0.2 | 0.4 | 0.5 | 0.0% |
| Total | 3.8 | 5.5 | 7.9 | 8.2 | 29.2% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to the United States in 2022:
- China (876.2 tons)
- South Korea (41.5 tons)
- Germany (33.4 tons)
- Israel (28.1 tons)
- Taiwan (Chinese) (18.2 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States
In 2022, approx. 106 tons of clasps and frames with clasps were exported from the United States; rising by 3.3% compared with 2021. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of clasps and frames with clasps reached $3.1M in 2022. Overall, exports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 927 | 851 | 788 | 992 | 2.3% |
| Mexico | 241 | 385 | 939 | 721 | 44.1% |
| Australia | 315 | 247 | 343 | 262 | -6.0% |
| Japan | 101 | 87.2 | 48.5 | 218 | 29.2% |
| Jamaica | N/A | N/A | 2.5 | 187 | 7380.0% |
| Costa Rica | 35.8 | 29.7 | 87.8 | 101 | 41.3% |
| Chile | 67.6 | 47.9 | 77.4 | 89.1 | 9.6% |
| Indonesia | 32.1 | 110 | 187 | 73.6 | 31.9% |
| Malaysia | N/A | 3.5 | 6.4 | 60.4 | 315.4% |
| Germany | 150 | 41.4 | 24.1 | 30.7 | -41.1% |
| Poland | 308 | 216 | 95.8 | 16.4 | -62.4% |
| Others | 1,343 | 501 | 495 | 368 | -35.0% |
| Total | 3,521 | 2,521 | 3,095 | 3,119 | -4.0% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from the United States in 2022:
- Canada (39.3 tons)
- Mexico (25.9 tons)
- Jamaica (9.5 tons)
- Australia (8.1 tons)
- Japan (4.3 tons)
- Costa Rica (4.0 tons)
- Indonesia (3.1 tons)
- Malaysia (1.6 tons)
- Chile (1.5 tons)
- Germany (0.7 tons)
- Poland (0.3 tons)
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