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

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $6,426 per ton, declining by -18.5% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 70% against the previous year. The import price peaked at $12,714 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($27,876 per ton), while the price for China ($5,080 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for clasps and frames with clasps amounted to $25,698 per ton, with an increase of 179% against the previous year. In general, the export price showed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($34,088 per ton), while the average price for exports to Timor-Leste ($4,708 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 (+94.5%), 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 Indonesia

For the third consecutive year, Indonesia recorded decline in overseas purchases of clasps and frames with clasps, which decreased by -36.9% to 161 tons in 2022. In general, imports showed a significant decline. The smallest decline of -20% was in 2021.

In value terms, imports of clasps and frames with clasps fell markedly to $1M in 2022. Overall, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of $2M, and then shrank markedly in the following year.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7501,3171,248747-24.7%
United StatesN/A12918.3109-8.1%
Japan74.825.747.150.9-12.0%
Others64.951.369612624.8%
Total1,8901,5232,0101,033-18.2%

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

  1. China (147.0 tons)
  2. Japan (6.2 tons)
  3. United States (3.9 tons)

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

In 2022, the amount of clasps and frames with clasps exported from Indonesia declined to 1.8 tons, flattening at the year before. Overall, exports faced a abrupt downturn.

In value terms, exports of clasps and frames with clasps soared to $47K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.1N/A5.941.6235.7%
Timor-Leste0.60.92.42.663.0%
Netherlands7.98.54.70.1-76.7%
Japan6.36.7N/AN/A6.3%
Saint Vincent and the GrenadinesN/AN/AN/AN/A0%
JamaicaN/A0.23.4N/A1600.0%
OthersN/A2.80.42.4-7.4%
Total16.019.116.946.742.9%

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

  1. Turkey (1221.0 kg)
  2. Timor-Leste (548.0 kg)
  3. Netherlands (12.0 kg)

Source: IndexBox Market Intelligence Platform

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