Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand - 2024
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand (CIF) - 2022
In 2022, the average import price for clasps and frames with clasps amounted to $7,753 per ton, reducing by -1.9% against the previous year. Over the period under review, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 151%. As a result, import price attained the peak level of $15,922 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 France ($42,800 per ton), while the price for China ($2,841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.7%), 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 Thailand (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $19,371 per ton, declining by -16.7% against the previous year. Overall, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2013 an increase of 205%. Over the period under review, the average export prices attained the maximum at $25,111 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($36,661 per ton), while the average price for exports to Malaysia ($1,000 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 Ethiopia (+41.2%), 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 Thailand
For the fourth year in a row, Thailand recorded growth in overseas purchases of clasps and frames with clasps, which increased by 1.9% to 78 tons in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of clasps and frames with clasps reduced to $607K in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 6.6%. As a result, imports attained the peak of $608K, leveling off in the following year.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 88.7 | 96.1 | 111 | 167 | 23.5% |
| China | 110 | 228 | 241 | 162 | 13.8% |
| Germany | 28.4 | 19.6 | 71.2 | 66.2 | 32.6% |
| Taiwan (Chinese) | 147 | 39.1 | 42.3 | 61.8 | -25.1% |
| France | 40.4 | 16.6 | 15.1 | 56.8 | 12.0% |
| Portugal | 52.6 | 43.4 | 47.5 | 42.4 | -6.9% |
| Japan | 50.2 | 84.2 | 58.4 | 39.4 | -7.8% |
| Others | 42.8 | 43.2 | 21.1 | 11.7 | -35.1% |
| Total | 560 | 570 | 608 | 607 | 2.7% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Thailand in 2022:
- China (57.1 tons)
- United States (6.8 tons)
- Germany (5.2 tons)
- Taiwan (Chinese) (2.9 tons)
- Japan (2.7 tons)
- Portugal (2.1 tons)
- France (1.3 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand
In 2022, the amount of clasps and frames with clasps exported from Thailand fell sharply to 3.2 tons, with a decrease of -67.1% on the previous year's figure. Over the period under review, exports saw a sharp downturn. The smallest decline of -58.5% was in 2020.
In value terms, exports of clasps and frames with clasps reduced sharply to $61K in 2022. In general, exports saw a precipitous curtailment. The smallest decline of -58.9% was in 2021.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,479 | 525 | 198 | 36.4 | -70.9% |
| Myanmar | N/A | N/A | 8.9 | 8.7 | -2.2% |
| India | 0.8 | 1.6 | 9.1 | 6.1 | 96.8% |
| Maldives | N/A | N/A | 0.2 | 2.8 | 1300.0% |
| Vietnam | 3.6 | 1.0 | 2.2 | 2.6 | -10.3% |
| Others | 61.6 | 19.9 | 6.6 | 4.9 | -57.0% |
| Total | 1,545 | 547 | 225 | 61.5 | -65.9% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Thailand in 2022:
- Japan (1849.0 kg)
- India (382.0 kg)
- Maldives (346.0 kg)
- Vietnam (247.0 kg)
- Myanmar (236.0 kg)
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