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

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $3,104 per ton, surging by 34% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. Over the period under review, average import prices attained the peak figure at $20,375 per ton in 2013; however, from 2014 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 ($16,542 per ton), while the price for China ($2,554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for clasps and frames with clasps stood at $6,382 per ton in 2022, with a decrease of -11.7% against the previous year. Over the period under review, the export price saw a noticeable decrease. The pace of growth was the most pronounced in 2015 an increase of 28%. Over the period under review, the average export prices reached the peak figure at $12,646 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($11,671 per ton), while the average price for exports to Lesotho ($3,619 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 Zambia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of clasps and frames with clasps into South Africa dropped rapidly to 48 tons in 2022, with a decrease of -22.2% on 2021. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 242% against the previous year.

In value terms, imports of clasps and frames with clasps rose to $148K in 2022. Overall, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15650.3103118-8.9%
India2.32.36.3N/A65.5%
Others64.927.632.829.6-23.0%
Total22480.2142148-12.9%

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

  1. China (46.3 tons)

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

In 2022, approx. 14 tons of clasps and frames with clasps were exported from South Africa; waning by -62.9% on the previous year's figure. Overall, exports showed a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 39 tons, and then contracted rapidly in the following year.

In value terms, exports of clasps and frames with clasps shrank remarkably to $91K in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $279K, and then reduced remarkably in the following year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana73.614.130.826.8-28.6%
Zimbabwe19.09.42.617.1-3.5%
Swaziland12.111.033.014.25.5%
Lesotho18.116.835.89.9-18.2%
Namibia14.332.937.59.6-12.4%
Zambia4.41.121.35.15.0%
Mozambique1.57.03.54.240.9%
Mali1.3N/A84.5N/A706.2%
TurkeyN/A55.9N/AN/A0%
Others19.317.429.64.4-38.9%
Total16416627991.3-17.7%

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

  1. Botswana (4.4 tons)
  2. Zimbabwe (3.2 tons)
  3. Lesotho (2.7 tons)
  4. Swaziland (2.1 tons)
  5. Namibia (0.9 tons)
  6. Zambia (0.4 tons)
  7. Mozambique (0.4 tons)

Source: IndexBox Market Intelligence Platform

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