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

Contents:

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

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

The average import price for clasps and frames with clasps stood at $11,004 per ton in 2022, with a decrease of -9.9% against the previous year. In general, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2021 an increase of 23% against the previous year. Over the period under review, average import prices hit record highs at $14,316 per ton in 2014; however, from 2015 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 the United States ($84,769 per ton), while the price for China ($6,733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.5%), 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 Brazil (FOB) - 2022

In 2022, the average export price for clasps and frames with clasps amounted to $38,423 per ton, increasing by 16% against the previous year. Over the period under review, export price indicated a noticeable 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, export price for clasps and frames with clasps increased by +28.3% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 31%. The export price peaked at $42,496 per ton in 2019; however, from 2020 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 Turkey ($146,962 per ton), while the average price for exports to Bolivia ($13,353 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 Turkey (+30.4%), 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 Brazil

In 2022, the amount of clasps and frames with clasps imported into Brazil rose notably to 366 tons, with an increase of 7.6% on 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of clasps and frames with clasps shrank slightly to $4M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.3% 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 +70.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of $4.2M, and then reduced modestly in the following year.

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

1. China (238.1 tons)
2. Spain (47.1 tons)
3. Hong Kong SAR (26.9 tons)
4. Turkey (12.7 tons)
5. Sweden (10.6 tons)
6. Germany (8.8 tons)
7. United States (8.2 tons)

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

In 2022, approx. 38 tons of clasps and frames with clasps were exported from Brazil; standing approx. at 2021 figures. The total export volume increased at an average annual rate of +6.5% 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 41% against the previous year. As a result, the exports attained the peak of 38 tons, and then reduced slightly in the following year.

In value terms, exports of clasps and frames with clasps rose sharply to $1.5M in 2022. In general, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.0% 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 +78.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. United States (17.1 tons)
2. Chile (6.4 tons)
3. Paraguay (3.0 tons)
4. Peru (2.3 tons)
5. Mexico (1.8 tons)
6. Uruguay (1.6 tons)
7. Colombia (1.4 tons)
8. Argentina (1.1 tons)
9. Bolivia (0.7 tons)

Source: IndexBox Market Intelligence Platform