Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania (CIF) - 2022
The average import price for clasps and frames with clasps stood at $2,332 per ton in 2022, picking up by 36% against the previous year. In general, the import price showed a mild increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 728%. Over the period under review, average import prices reached the peak figure at $9,484 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($8,923 per ton), while the price for China ($524 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.1%), 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 Tanzania (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $1,950 per ton, with a decrease of -42.6% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The growth pace was the most rapid in 2018 when the average export price increased by 276%. Over the period under review, the average export prices reached the peak figure at $3,396 per ton in 2021, and then declined sharply in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($4,000 per ton), while the average price for exports to Malawi ($333 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 Democratic Republic of the Congo (+138.4%), 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 Tanzania
In 2022, the amount of clasps and frames with clasps imported into Tanzania surged to 15 tons, jumping by 214% against the previous year's figure. Overall, imports saw a resilient expansion.
In value terms, imports of clasps and frames with clasps skyrocketed to $34K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 8.7 | 18.4 | 5.1 | 20.2 | 32.4% |
| Lebanon | 0.4 | 2.0 | 0.9 | 4.5 | 124.1% |
| China | 1.4 | 4.8 | 1.0 | 2.7 | 24.5% |
| United States | 1.0 | N/A | 0.1 | 0.4 | -26.3% |
| Turkey | N/A | N/A | N/A | 0.2 | 0% |
| Others | 2.2 | 5.7 | 0.9 | 5.8 | 38.1% |
| Total | 13.7 | 30.9 | 7.9 | 33.8 | 35.1% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Tanzania in 2022:
- China (5.1 tons)
- Lebanon (4.6 tons)
- Kenya (3.4 tons)
- United States (0.8 tons)
- Turkey (0.4 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania
In 2022, after three years of growth, there was significant decline in shipments abroad of clasps and frames with clasps, when their volume decreased by -95.7% to 40 kg. Over the period under review, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 261%.
In value terms, exports of clasps and frames with clasps dropped rapidly to $78 in 2022. Overall, exports, however, saw a slight expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 624%.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 42.0 | 159 | 497 | 68.0 | 17.4% |
| Rwanda | 24.0 | 106 | 115 | 8.0 | -30.7% |
| Malawi | 8.0 | 84.0 | 182 | 2.0 | -37.0% |
| Democratic Republic of the Congo | N/A | N/A | 2,205 | N/A | 0% |
| France | N/A | 187 | 129 | N/A | -31.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 74.0 | 536 | 3,128 | 78.0 | 1.8% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Tanzania in 2022:
- Burundi (32.0 kg)
- Malawi (6.0 kg)
- Rwanda (2.0 kg)
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