Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico (CIF) - 2023
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico (CIF) - 2023
In December 2023, the average import price for clasps and frames with clasps amounted to $30,734 per ton, which is down by -59.4% against the previous month. Over the period under review, the import price, however, recorded a modest increase. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 268% month-to-month. As a result, import price attained the peak level of $75,643 per ton, and then dropped sharply in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($109K per ton), while the price for China amounted to $14,669 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+21.5%), 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 Mexico (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $19,896 per ton, reducing by -10.9% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2015 an increase of 116% against the previous year. Over the period under review, the average export prices reached the peak figure at $32,968 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +24.3% per year.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico
In 2022, supplies from abroad of clasps and frames with clasps decreased by -21.6% to 31 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports reached the peak of 56 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of clasps and frames with clasps fell modestly to $914K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of $950K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 256 | 493 | 690 | 589 | 32.0% |
| Spain | 83.4 | 253 | 45.2 | 190 | 31.6% |
| China | 173 | 155 | 152 | 119 | -11.7% |
| Taiwan (Chinese) | 11.7 | 12.1 | 19.0 | 4.4 | -27.8% |
| Brazil | 31.8 | 2.7 | N/A | N/A | -91.5% |
| Others | 46.6 | 34.0 | 36.6 | 11.5 | -37.3% |
| Total | 603 | 950 | 942 | 914 | 14.9% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Mexico in 2022:
- United States (15.8 tons)
- China (9.3 tons)
- Spain (5.9 tons)
- Taiwan (Chinese) (0.2 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico
After three years of growth, shipments abroad of clasps and frames with clasps decreased by -89.5% to 67 kg in 2022. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 304%.
In value terms, exports of clasps and frames with clasps reduced remarkably to $1.3K in 2022. Overall, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 241% against the previous year.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.1 | 7.4 | 14.3 | 1.3 | -25.1% |
| Costa Rica | N/A | 3.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.1 | 10.7 | 14.3 | 1.3 | -25.1% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Mexico in 2022:
- United States (67.0 kg)
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