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

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $6,875 per ton, picking up by 22% against the previous year. Overall, the import price, however, recorded a perceptible decline. The growth pace was the most rapid in 2016 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $11,017 per ton. From 2017 to 2022, the average import prices remained 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 ($51,963 per ton), while the price for Belarus ($3,845 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for clasps and frames with clasps stood at $12,317 per ton in 2022, with an increase of 48% against the previous year. Over the period under review, the export price continues to indicate temperate growth. The most prominent rate of growth was recorded in 2017 an increase of 88%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($44,532 per ton), while the average price for exports to Russia ($5,333 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 Russia (-0.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of clasps and frames with clasps decreased by -13% to 74 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 78% against the previous year. As a result, imports reached the peak of 85 tons, and then declined in the following year.

In value terms, imports of clasps and frames with clasps rose significantly to $511K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% 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 +72.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia17215314227316.6%
United States13.218.216575.378.7%
Bulgaria51.749.768.662.56.5%
Turkey20.711.314.526.78.9%
China26.727.942.416.5-14.8%
Belarus5.69.415.912.831.7%
Others23.827.133.643.822.5%
Total31329648251117.7%

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

  1. Russia (61.2 tons)
  2. Belarus (3.3 tons)
  3. China (3.1 tons)
  4. Bulgaria (2.2 tons)
  5. United States (1.4 tons)
  6. Turkey (1.2 tons)

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

In 2022, exports of clasps and frames with clasps from Kazakhstan skyrocketed to 441 kg, growing by 702% compared with 2021 figures. In general, exports, however, recorded a noticeable curtailment.

In value terms, exports of clasps and frames with clasps surged to $5.4K in 2022. Overall, exports recorded significant growth. As a result, the exports reached 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 Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kyrgyzstan0.12.00.43.3220.8%
NetherlandsN/AN/AN/A2.10%
Russia2.21.90.10.1-64.3%
OthersN/AN/AN/AN/A0%
Total2.33.90.55.432.9%

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

  1. Kyrgyzstan (379.0 kg)
  2. Netherlands (47.0 kg)
  3. Russia (15.0 kg)

Source: IndexBox Market Intelligence Platform

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