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

Contents:

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

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

The average import price for clasps and frames with clasps stood at $15,581 per ton in 2022, reducing by -20.6% against the previous year. In general, the import price recorded a slight reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 63%. As a result, import price reached the peak level of $29,810 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($66,327 per ton), while the price for Turkey ($6,149 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.5%), 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 Estonia (FOB) - 2022

The average export price for clasps and frames with clasps stood at $17,012 per ton in 2022, growing by 6.2% against the previous year. In general, the export price showed slight growth. The growth pace was the most rapid in 2019 when the average export price increased by 206% against the previous year. As a result, the export price attained the peak level of $49,726 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($25,000 per ton), while the average price for exports to Russia totaled $13,545 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+0.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of clasps and frames with clasps imported into Estonia fell slightly to 2.1 tons, which is down by -1.7% compared with 2021. Over the period under review, imports showed a abrupt setback.

In value terms, imports of clasps and frames with clasps declined notably to $32K in 2022. In general, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 6.1% against the previous year.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.38.29.710.9231.2%
Germany1.72.71.44.841.3%
Latvia13.613.54.13.9-34.1%
TurkeyN/A4.20.33.7-6.1%
NetherlandsN/A2.52.03.111.4%
China10.10.29.61.5-47.0%
Lithuania0.11.02.81.1122.4%
Poland0.81.82.31.07.7%
Others43.64.58.82.0-64.2%
Total70.438.640.932.0-23.1%

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

  1. Turkey (596.0 kg)
  2. Netherlands (378.0 kg)
  3. Latvia (376.0 kg)
  4. Germany (186.0 kg)
  5. China (185.0 kg)
  6. Belgium (165.0 kg)
  7. Lithuania (81.0 kg)
  8. Poland (32.0 kg)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of clasps and frames with clasps, when their volume increased by 28% to 83 kg. In general, exports, however, continue to indicate a precipitous shrinkage.

In value terms, exports of clasps and frames with clasps surged to $1.4K in 2022. Overall, exports, however, continue to indicate a dramatic shrinkage.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.80.80.81.0-17.8%
Finland52.30.1N/A0.1-87.6%
Latvia0.10.2N/AN/A100.0%
Others1.71.00.20.3-43.9%
Total55.92.21.01.4-70.7%

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

  1. Russia (77.0 kg)
  2. Finland (2.0 kg)

Source: IndexBox Market Intelligence Platform

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