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

Contents:

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

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

The average import price for clasps and frames with clasps stood at $16,943 per ton in 2022, growing by 21% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 increased by +40.0% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 25%. As a result, import price attained the peak level of $21,713 per ton. From 2018 to 2022, the average 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 Switzerland ($360,470 per ton), while the price for the Netherlands ($8,588 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+27.8%), 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 Hungary (FOB) - 2022

The average export price for clasps and frames with clasps stood at $7,660 per ton in 2022, dropping by -31.1% against the previous year. Over the period under review, the export price showed a pronounced descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 61%. The export price peaked at $17,231 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($108,348 per ton), while the average price for exports to Moldova ($3,316 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 Ukraine (+26.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of clasps and frames with clasps into Hungary expanded remarkably to 205 tons, growing by 9.1% on the year before. Overall, imports, however, recorded a mild descent.

In value terms, imports of clasps and frames with clasps soared to $3.5M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4609438591,7616.4%
United States20145663762345.8%
Germany1991892192436.9%
France17479.4169104-15.8%
Austria20677.044.995.3-22.7%
Poland7.710.134.457.995.9%
Hong Kong SAR18170.635.147.9-35.8%
Switzerland66552.655.036.0-62.2%
Netherlands14.810221517.65.9%
Others15614735847945.3%
Total3,2642,1272,6283,4652.0%

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

  1. China (160.9 tons)
  2. United States (13.2 tons)
  3. Germany (6.4 tons)
  4. Poland (5.7 tons)
  5. France (3.9 tons)
  6. Netherlands (2.0 tons)
  7. Hong Kong SAR (2.0 tons)
  8. Austria (1.6 tons)
  9. Switzerland (0.1 tons)

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

In 2022, the amount of clasps and frames with clasps exported from Hungary surged to 98 tons, jumping by 35% compared with the previous year. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of clasps and frames with clasps contracted to $752K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 254% against the previous year. As a result, the exports reached the peak of $806K, and then fell in the following year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania8.23.8223326241.3%
Serbia44.842.130.454.06.4%
Germany2.51.547.947.7167.2%
Slovenia0.61.335.434.9287.5%
Slovakia13.944.614326.924.6%
Moldova11.311.04.96.2-18.1%
Others82.112432225646.1%
Total16322880675266.5%

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

  1. Romania (60.7 tons)
  2. Serbia (15.7 tons)
  3. Germany (7.6 tons)
  4. Slovakia (3.6 tons)
  5. Moldova (1.9 tons)
  6. Slovenia (1.9 tons)

Source: IndexBox Market Intelligence Platform

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