Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia - 2022
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia (CIF) - 2022
In 2022, the average import price for clasps and frames with clasps amounted to $3,577 per ton, rising by 16% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum at $9,571 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Spain ($14,275 per ton), while the price for China ($3,035 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 (-2.2%), while the prices for the other major suppliers experienced a decline.
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $16,230 per ton, picking up by 5.6% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +12.0% 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 +62.1% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 195%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($46,492 per ton), while the average price for exports to Peru ($8,091 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 the Dominican Republic (+33.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia
In 2022, the amount of clasps and frames with clasps imported into Colombia surged to 223 tons, picking up by 50% on the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.7% against 2020 indices.
In value terms, imports of clasps and frames with clasps surged to $797K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 500 | 482 | 375 | 612 | 7.0% |
| Hong Kong SAR | 5.2 | 13.0 | 25.7 | 111 | 177.4% |
| Others | 163 | 34.7 | 57.4 | 73.9 | -23.2% |
| Total | 668 | 529 | 458 | 797 | 6.1% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Colombia in 2022:
- China (201.8 tons)
- Hong Kong SAR (19.0 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia
After two years of decline, shipments abroad of clasps and frames with clasps increased by 4.9% to 447 kg in 2022. Overall, exports, however, continue to indicate a sharp reduction.
In value terms, exports of clasps and frames with clasps amounted to $7.3K in 2022. In general, exports, however, faced a precipitous slump.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | 7.6 | 5.1 | 4.4 | -23.9% |
| Dominican Republic | 4.4 | N/A | N/A | 2.7 | -15.0% |
| Peru | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Ecuador | 4.1 | N/A | N/A | N/A | 0% |
| Aruba | N/A | 5.3 | N/A | N/A | 0% |
| Panama | 0.6 | N/A | N/A | N/A | 0% |
| Brazil | 44.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.5 | N/A | 0% |
| Total | 53.3 | 12.9 | 6.5 | 7.3 | -48.5% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Colombia in 2022:
- Costa Rica (377.0 kg)
- Dominican Republic (59.0 kg)
- Peru (11.0 kg)
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