Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia (CIF) - 2022
The average import price for clasps and frames with clasps stood at $7,140 per ton in 2022, picking up by 53% against the previous year. In general, the import price, however, showed a pronounced decline. The growth pace was the most rapid in 2021 an increase of 54%. Over the period under review, average import prices hit record highs at $9,084 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($24,108 per ton), while the price for Poland ($5,273 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), 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 Latvia (FOB) - 2022
The average export price for clasps and frames with clasps stood at $15,550 per ton in 2022, increasing by 19% against the previous year. Over the period under review, the export price enjoyed a modest increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 58%. As a result, the export price reached the peak level of $22,988 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Denmark ($17,333 per ton) and Kazakhstan ($16,048 per ton), while the average price for exports to Lithuania ($11,865 per ton) and Estonia ($12,360 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+1,371.3%), 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 Latvia
For the third consecutive year, Latvia recorded decline in supplies from abroad of clasps and frames with clasps, which decreased by -68.9% to 16 tons in 2022. Overall, imports faced a dramatic contraction. The smallest decline of -10% was in 2020.
In value terms, imports of clasps and frames with clasps fell remarkably to $114K in 2022. Over the period under review, imports continue to indicate a dramatic decline. The smallest decline of -0.6% was in 2021.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 171 | 156 | 160 | 49.1 | -34.0% |
| Belarus | 5.8 | 0.8 | 16.8 | 32.5 | 77.6% |
| Russia | 28.9 | 31.9 | 28.7 | 13.2 | -23.0% |
| Germany | 25.4 | 11.3 | 3.6 | 6.9 | -35.2% |
| Sweden | 17.9 | 22.3 | 0.4 | 1.1 | -60.5% |
| Others | 30.2 | 18.3 | 29.6 | 10.9 | -28.8% |
| Total | 279 | 241 | 239 | 114 | -25.8% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Latvia in 2022:
- Poland (9.3 tons)
- Belarus (3.6 tons)
- Russia (2.2 tons)
- Germany (0.3 tons)
- Sweden (0.1 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia
For the third year in a row, Latvia recorded decline in overseas shipments of clasps and frames with clasps, which decreased by -46% to 129 kg in 2022. Over the period under review, exports recorded a sharp descent. The smallest decline of -7% was in 2020.
In value terms, exports of clasps and frames with clasps shrank rapidly to $2K in 2022. In general, exports recorded a sharp decrease. The smallest decline of -31.5% was in 2020.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 0.8 | 0% |
| Lithuania | 15.5 | 15.4 | 1.3 | 0.4 | -70.4% |
| Estonia | 8.2 | 3.9 | 0.1 | 0.3 | -66.8% |
| Kazakhstan | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Hungary | 0.1 | 0.5 | N/A | N/A | 400.0% |
| Czech Republic | 4.7 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.4 | 1.6 | 0.1 | -50.0% |
| Total | 29.3 | 20.1 | 3.1 | 2.0 | -59.1% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Latvia in 2022:
- Denmark (45.0 kg)
- Lithuania (37.0 kg)
- Estonia (25.0 kg)
- Kazakhstan (21.0 kg)
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