Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the UK - 2024

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $13,941 per ton, with an increase of 47% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $15,725 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($33,702 per ton), while the price for China ($7,687 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+210.3%), 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 the UK (FOB) - 2022

The average export price for clasps and frames with clasps stood at $32,935 per ton in 2022, rising by 2.4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 15%. The export price peaked at $41,224 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($86,694 per ton), while the average price for exports to Ireland ($5,458 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 Sweden (+8.0%), 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 UK

For the third consecutive year, the UK recorded decline in overseas purchases of clasps and frames with clasps, which decreased by -12.8% to 355 tons in 2022. In general, imports showed a dramatic curtailment.

In value terms, imports of clasps and frames with clasps skyrocketed to $4.9M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4491,2171,6371,8027.5%
Poland37.212013.61,072206.6%
Spain59.098.881.846498.9%
Norway1933.15.536723.9%
BulgariaN/AN/AN/A2700%
Germany1,6991,123639239-48.0%
Taiwan (Chinese)29.173.661913165.1%
Italy20326627.133.0-45.4%
Others838918840567-12.2%
Total4,5083,8193,8634,9463.1%

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

  1. China (234.5 tons)
  2. Poland (35.9 tons)
  3. Spain (23.3 tons)
  4. Germany (15.9 tons)
  5. Norway (10.9 tons)
  6. Bulgaria (9.0 tons)
  7. Taiwan (Chinese) (5.6 tons)
  8. Italy (1.6 tons)

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

In 2022, approx. 71 tons of clasps and frames with clasps were exported from the UK; growing by 2% on the previous year. Overall, exports, however, continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2020 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 111 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of clasps and frames with clasps totaled $2.3M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 39%. As a result, the exports attained the peak of $3.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain82.228334834260.8%
United States2272932242797.1%
Sweden5.210.748.3252264.6%
Germany15057324823015.3%
Italy20.545.7140204115.1%
United Arab EmiratesN/A80.574.219555.6%
Ireland64.714986.214530.9%
Norway68.937.138912020.3%
Netherlands13926623480.4-16.7%
Israel80.844.067.264.1-7.4%
Finland6.441.627.155.4105.3%
Denmark8.573.037.528.649.8%
KenyaN/AN/AN/A12.60%
Others1,3861,212317331-38.0%
Total2,2403,1102,2402,3391.5%

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

  1. Ireland (26.5 tons)
  2. Germany (8.4 tons)
  3. Spain (4.2 tons)
  4. Italy (3.5 tons)
  5. Netherlands (3.4 tons)
  6. United Arab Emirates (3.2 tons)
  7. United States (3.2 tons)
  8. Sweden (3.1 tons)
  9. Finland (2.4 tons)
  10. Norway (1.9 tons)
  11. Israel (1.6 tons)
  12. Kenya (1.5 tons)
  13. Denmark (1.5 tons)

Source: IndexBox Market Intelligence Platform

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