Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania (FOB) - 2023
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania (CIF) - 2023
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania (FOB) - 2023
The average export price for clasps and frames with clasps stood at $6,513 per ton in December 2023, with a decrease of -35.6% against the previous month. Overall, the export price continues to indicate a slight decrease. The growth pace was the most rapid in March 2023 an increase of 62% against the previous month. The export price peaked at $14,989 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From December 2022 to December 2023, the rate of growth in terms of prices for France amounted to -0.9% per month.
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania (CIF) - 2023
The average import price for clasps and frames with clasps stood at $14,867 per ton in December 2023, jumping by 76% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 77% m-o-m. The import price peaked at $21,331 per ton in July 2023; however, from August 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($118K per ton), while the price for Turkey ($7,496 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania
In 2022, after three years of growth, there was significant decline in overseas shipments of clasps and frames with clasps, when their volume decreased by -16% to 686 tons. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 816 tons, and then contracted notably in the following year.
In value terms, exports of clasps and frames with clasps amounted to $5.8M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 39%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.7 | 3.8 | 5.3 | 5.6 | 14.8% |
| Others | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Total | 3.9 | 4.1 | 5.6 | 5.8 | 14.1% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Romania in 2022:
- France (671.9 tons)
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania
In 2022, after three years of growth, there was significant decline in supplies from abroad of clasps and frames with clasps, when their volume decreased by -7.7% to 333 tons. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 361 tons, and then shrank in the following year.
In value terms, imports of clasps and frames with clasps reached $4.5M in 2022. The total import value increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,079 | 1,386 | 1,798 | 1,944 | 21.7% |
| Turkey | 569 | 662 | 988 | 668 | 5.5% |
| Italy | 914 | 1,007 | 698 | 611 | -12.6% |
| Netherlands | 47.6 | 88.8 | 161 | 336 | 91.8% |
| Germany | 258 | 233 | 339 | 289 | 3.9% |
| Hungary | 204 | 177 | 208 | 175 | -5.0% |
| Belgium | 42.0 | 81.1 | 123 | 125 | 43.8% |
| Others | 124 | 266 | 212 | 395 | 47.1% |
| Total | 3,238 | 3,901 | 4,527 | 4,543 | 11.9% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Romania in 2022:
- China (213.6 tons)
- Turkey (77.6 tons)
- Netherlands (11.8 tons)
- Germany (6.0 tons)
- Belgium (5.0 tons)
- Hungary (4.3 tons)
- Italy (3.3 tons)
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