Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Ethiopia - 2022
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Ethiopia (CIF) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Ethiopia
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Ethiopia (CIF) - 2022
In 2022, the average import price for clasps and frames with clasps amounted to $2,339 per ton, dropping by -27.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 233%. As a result, import price reached the peak level of $6,512 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($14,176 per ton), while the price for South Africa ($1,112 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.8%), 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 Ethiopia
Imports of clasps and frames with clasps into Ethiopia soared to 72 tons in 2022, surging by 25% compared with 2021 figures. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 161% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of clasps and frames with clasps shrank to $168K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 202%. As a result, imports attained the peak of $186K, and then declined in the following year.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.3 | 23.7 | 129 | 106 | 133.7% |
| Thailand | 11.5 | 17.9 | 28.8 | 46.6 | 59.4% |
| Israel | N/A | N/A | 19.6 | N/A | 0% |
| Others | 9.0 | 20.0 | 8.9 | 14.9 | 18.3% |
| Total | 28.9 | 61.6 | 186 | 168 | 79.8% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Ethiopia in 2022:
- China (66.6 tons)
- Thailand (3.3 tons)
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