Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Serbia - 2024

Contents:

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

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

The average import price for clasps and frames with clasps stood at $18,124 per ton in 2022, with an increase of 54% against the previous year. In general, the import price posted a measured expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($43,454 per ton), while the price for China ($5,825 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for clasps and frames with clasps stood at $12,368 per ton in 2022, increasing by 11% against the previous year. Overall, the export price recorded a strong expansion. The growth pace was the most rapid in 2013 when the average export price increased by 244%. As a result, the export price attained the peak level of $23,177 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($19,333 per ton), while the average price for exports to Slovenia ($7,880 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 North Macedonia (+15.7%), while the prices for the other major destinations experienced a decline.

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

For the third year in a row, Serbia recorded decline in supplies from abroad of clasps and frames with clasps, which decreased by -51.8% to 11 tons in 2022. Over the period under review, imports saw a dramatic downturn. The smallest decline of -2.5% was in 2020.

In value terms, imports of clasps and frames with clasps dropped markedly to $201K in 2022. In general, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports reached the peak of $320K. 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy46.351.682.278.619.3%
Turkey45.316.536.742.7-2.0%
Germany14.124.056.927.825.4%
China6.835.012.919.141.1%
Austria11313034.616.6-47.2%
Croatia0.3N/AN/A5.5163.7%
Hungary37.843.336.5N/A-1.7%
Others21.019.811.910.5-20.6%
Total285320272201-11.0%

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

  1. Turkey (3.5 tons)
  2. China (3.3 tons)
  3. Italy (1.8 tons)
  4. Austria (1.2 tons)
  5. Germany (0.9 tons)
  6. Croatia (0.2 tons)

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

In 2022, approx. 13 tons of clasps and frames with clasps were exported from Serbia; falling by -17.4% on the year before. Overall, exports recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of 16 tons, and then shrank significantly in the following year.

In value terms, exports of clasps and frames with clasps contracted to $165K in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $180K, and then reduced in the following year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia91.177.978.650.3-18.0%
Montenegro39.032.044.645.55.3%
TurkeyN/AN/AN/A28.90%
Bosnia and Herzegovina8.24.99.58.30.4%
Croatia6.920.20.30.1-75.6%
North Macedonia0.60.343.1N/A747.5%
Others1.11.33.831.6206.3%
Total1471361801653.9%

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

  1. Slovenia (6.4 tons)
  2. Montenegro (3.9 tons)
  3. Turkey (1.9 tons)
  4. Bosnia and Herzegovina (0.7 tons)

Source: IndexBox Market Intelligence Platform

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