Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam - 2022
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam (CIF) - 2022
The average import price for clasps and frames with clasps stood at $13,475 per ton in 2022, falling by -1.8% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clasps and frames with clasps decreased by -28.4% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 45% against the previous year. As a result, import price reached the peak level of $18,826 per ton. From 2020 to 2022, the average import prices remained at a somewhat 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 Germany ($13,477 per ton) and Japan ($13,476 per ton), while the price for the Netherlands ($13,463 per ton) and China ($13,475 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.3%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $24,929 per ton, jumping by 15% against the previous year. Overall, the export price, however, showed a slight contraction. The growth pace was the most rapid in 2017 when the average export price increased by 18%. Over the period under review, the average export prices attained the peak figure at $33,097 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($24,929 per ton), while the average price for exports to Taiwan (Chinese) stood at $24,926 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.2%), while the prices for the other major destinations experienced a decline.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam
In 2022, imports of clasps and frames with clasps into Vietnam soared to 251 tons, with an increase of 224% compared with 2021. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of clasps and frames with clasps soared to $3.4M in 2022. Over the period under review, imports recorded buoyant growth. As a result, imports attained 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 720 | 1,531 | 896 | 3,000 | 60.9% |
| South Korea | 16.6 | 156 | 16.4 | 125 | 96.0% |
| Japan | 151 | 188 | 39.4 | 96.4 | -13.9% |
| United States | 160 | 101 | 22.7 | 74.6 | -22.5% |
| Germany | 609 | 119 | 59.4 | 17.0 | -69.7% |
| Netherlands | 477 | N/A | 1.9 | 5.2 | -77.8% |
| Others | 34.1 | 39.1 | 29.0 | 67.2 | 25.4% |
| Total | 2,167 | 2,134 | 1,064 | 3,385 | 16.0% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Vietnam in 2022:
- China (222.6 tons)
- South Korea (9.2 tons)
- Japan (7.2 tons)
- United States (5.5 tons)
- Germany (1.3 tons)
- Netherlands (0.4 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam
For the fourth year in a row, Vietnam recorded growth in overseas shipments of clasps and frames with clasps, which increased by 113% to 11 tons in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of clasps and frames with clasps skyrocketed to $263K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.9 | 45.8 | 35.4 | 195 | 104.2% |
| Taiwan (Chinese) | 43.5 | 51.4 | 69.3 | 62.7 | 13.0% |
| Others | 3.6 | 2.0 | 2.5 | 4.9 | 10.8% |
| Total | 69.9 | 99.3 | 107 | 263 | 55.5% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Vietnam in 2022:
- United States (7.8 tons)
- Taiwan (Chinese) (2.5 tons)
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