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

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $12,381 per ton, growing by 60% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 93%. As a result, import price reached the peak level of $18,252 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($56,407 per ton), while the price for India ($8,419 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.5%), 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 Bangladesh

In 2022, approx. 2.9 tons of clasps and frames with clasps were imported into Bangladesh; reducing by -74.2% compared with 2021. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 288% against the previous year. As a result, imports reached the peak of 11 tons, and then dropped significantly in the following year.

In value terms, imports of clasps and frames with clasps fell significantly to $36K in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 249%. As a result, imports attained the peak of $88K, and then dropped dramatically in the following year.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.58.666.417.1-13.6%
Singapore7.67.510.79.47.3%
France5.06.78.05.85.1%
India0.50.10.12.366.3%
Others3.22.32.71.9-16.0%
Total42.925.287.936.4-5.3%

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

  1. China (2019.0 kg)
  2. France (439.0 kg)
  3. India (272.0 kg)
  4. Singapore (167.0 kg)

Source: IndexBox Market Intelligence Platform

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