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

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $5,923 per ton, leveling off at the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clasps and frames with clasps decreased by -20.6% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 87%. Over the period under review, average import prices attained the maximum at $9,262 per ton in 2016; however, from 2017 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 Brazil ($19,763 per ton), while the price for China ($4,082 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for clasps and frames with clasps amounted to $117,565 per ton, standing approx. at the previous year. Over the period under review, the export price recorded significant growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 274%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($171,214 per ton), while the average price for exports to Costa Rica ($24,000 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+87.2%).

Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uruguay

For the fourth consecutive year, Uruguay recorded growth in overseas purchases of clasps and frames with clasps, which increased by 58% to 52 tons in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of clasps and frames with clasps surged to $308K in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.759.512418861.4%
Brazil21.420.320.747.530.4%
Portugal2.014.225.339.7170.8%
Others22.625.422.532.512.9%
Total90.711919230850.3%

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

  1. China (46.2 tons)
  2. Brazil (2.4 tons)
  3. Portugal (2.4 tons)

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

In 2022, approx. 23 kg of clasps and frames with clasps were exported from Uruguay; remaining constant against 2021. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of clasps and frames with clasps totaled $2.7K in 2022. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Uruguay (USD)
COUNTRY202020212022CAGR,
2020-2022
United StatesN/AN/A2,3970%
Costa Rica148N/A19213.9%
Brazil126N/A115-4.5%
OthersN/AN/AN/A0%
Total274N/A2,704214.1%

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

  1. United States (14.0 kg)
  2. Costa Rica (8.0 kg)
  3. Brazil (1.0 kg)

Source: IndexBox Market Intelligence Platform

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