Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Algeria - 2022

Contents:

  1. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Algeria (CIF) - 2022
  2. Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Algeria

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

The average import price for clasps and frames with clasps stood at $25,147 per ton in 2022, picking up by 107% against the previous year. Overall, the import price posted significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($123,434 per ton), while the price for Lebanon ($3,875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of clasps and frames with clasps imported into Algeria rose to 5.1 tons, picking up by 5% compared with the previous year. Over the period under review, imports, however, showed a significant contraction.

In value terms, imports of clasps and frames with clasps soared to $129K in 2022. Overall, imports, however, continue to indicate a sharp reduction.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2.40.85.336.4147.5%
China13018.124.935.6-35.1%
Switzerland26.54.36.911.4-24.5%
France20216.53.410.2-63.0%
Morocco15.32.85.29.8-13.8%
Turkey6.50.12.77.96.7%
Portugal29.55.74.53.6-50.4%
Others28.94.96.614.2-21.1%
Total44153.259.4129-33.6%

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

  1. China (2204.0 kg)
  2. Turkey (1208.0 kg)
  3. Morocco (721.0 kg)
  4. South Korea (388.0 kg)
  5. Portugal (127.0 kg)
  6. Switzerland (99.0 kg)
  7. France (83.0 kg)

Source: IndexBox Market Intelligence Platform

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