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

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $6,487 per ton, approximately mirroring the previous year. Overall, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2016 an increase of 70% against the previous year. The import price peaked at $9,905 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($68,400 per ton), while the price for Taiwan (Chinese) ($5,112 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 (+15.4%), 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 Ecuador (FOB) - 2022

The average export price for clasps and frames with clasps stood at $16,500 per ton in 2022, declining by -43.5% against the previous year. Over the period under review, the export price showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 70% against the previous year. Over the period under review, the average export prices reached the maximum at $43,553 per ton in 2015; however, from 2016 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 Spain ($38,200 per ton), while the average price for exports to the Dominican Republic ($600 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 Spain (+5.0%).

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

Imports of clasps and frames with clasps into Ecuador soared to 85 tons in 2022, surging by 38% on the year before. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 192%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of clasps and frames with clasps skyrocketed to $551K in 2022. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 195% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14833.921828224.0%
Taiwan (Chinese)92.942.477.212811.3%
Panama22.614.229.833.313.8%
Italy0.71.34.526.2234.5%
United States27.810.716.510.4-27.9%
Others68.234.056.071.21.4%
Total36013640255115.2%

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

  1. China (53.7 tons)
  2. Taiwan (Chinese) (25.0 tons)
  3. Italy (1.5 tons)
  4. Panama (1.2 tons)
  5. United States (0.9 tons)

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

In 2022, the amount of clasps and frames with clasps exported from Ecuador fell dramatically to 12 kg, with a decrease of -75% compared with the previous year's figure. Overall, exports saw a dramatic downturn. The smallest decline of -52% was in 2021.

In value terms, exports of clasps and frames with clasps shrank markedly to $198 in 2022. In general, exports recorded a significant curtailment. The smallest decline of -62.6% was in 2020.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain9.93.71.40.2-72.8%
Dominican RepublicN/AN/AN/AN/A0%
ChileN/AN/AN/AN/A0%
Bermuda0.1N/AN/AN/A0%
PanamaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10.03.71.40.2-72.9%

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

  1. Dominican Republic (5.0 kg)
  2. Spain (5.0 kg)
  3. Panama (1.0 kg)

Source: IndexBox Market Intelligence Platform

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