Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Nepal - 2022
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Nepal (CIF) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Nepal
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Nepal (CIF) - 2022
The average import price for clasps and frames with clasps stood at $15,816 per ton in 2022, increasing by 15% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 30%. Over the period under review, average import prices reached the peak figure at $18,277 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($15,921 per ton) and the United States ($15,919 per ton), while the price for Thailand ($15,775 per ton) and India ($15,808 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), 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 Nepal
In 2022, the amount of clasps and frames with clasps imported into Nepal declined notably to 309 kg, which is down by -59.1% on the year before. Overall, imports, however, posted strong growth. The pace of growth was the most pronounced in 2021 with an increase of 391%. As a result, imports attained the peak of 756 kg, and then fell dramatically in the following year.
In value terms, imports of clasps and frames with clasps reduced markedly to $4.9K in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 444%. As a result, imports attained the peak of $10K, and then fell markedly in the following year.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.4 | 1.5 | 4.1 | 2.9 | 27.5% |
| India | 0.6 | 0.3 | 3.5 | 0.8 | 10.1% |
| United States | N/A | N/A | 0.1 | 0.6 | 500.0% |
| China | 0.2 | N/A | 2.7 | 0.6 | 44.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.2 | 1.9 | 10.4 | 4.9 | 30.6% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Nepal in 2022:
- Thailand (182.0 kg)
- India (52.0 kg)
- China (38.0 kg)
- United States (37.0 kg)
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