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

Contents:

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

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

The average import price for clasps and frames with clasps stood at $2,607 per ton in 2022, with a decrease of -41.2% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 711%. As a result, import price attained the peak level of $38,139 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($13,643 per ton), while the price for China stood at $2,069 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-1.5%).

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

The average export price for clasps and frames with clasps stood at $4,750 per ton in 2020, increasing by 38% against the previous year. In general, the export price, however, showed a deep contraction. Over the period under review, the average export prices reached the maximum at $14,456 per ton in 2014; however, from 2015 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2013 to 2020, the rate of growth in terms of prices for Georgia amounted to -13.8% per year.

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

In 2022, the amount of clasps and frames with clasps imported into Azerbaijan skyrocketed to 5.3 tons, surging by 420% on 2021 figures. Over the period under review, imports, however, showed a dramatic curtailment.

In value terms, imports of clasps and frames with clasps surged to $14K in 2022. In general, imports, however, continue to indicate a sharp decline.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.20.92.110.7-30.7%
Turkey2.71.50.80.8-33.3%
Others14.80.81.62.3-46.2%
Total49.73.24.513.8-34.8%

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

  1. China (5.2 tons)
  2. Turkey (0.1 tons)

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

In 2020, the amount of clasps and frames with clasps exported from Azerbaijan reduced markedly to 12 kg, declining by -62.5% against the previous year. In general, exports recorded a dramatic decline.

In value terms, exports of clasps and frames with clasps dropped notably to $57 in 2020. Over the period under review, exports recorded a sharp contraction.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Azerbaijan (USD)
COUNTRY20192020CAGR,
2019-2020
Georgia11057.0-48.2%
OthersN/AN/A0%
Total11057.0-48.2%

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

  1. Georgia (12.0 kg)

Source: IndexBox Market Intelligence Platform

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