Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany (FOB) - 2023
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany (CIF) - 2023
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany (FOB) - 2023
In December 2023, the average export price for clasps and frames with clasps amounted to $25,293 per ton, growing by 41% against the previous month. In general, export price indicated slight growth from December 2022 to December 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for clasps and frames with clasps increased by +69.5% against October 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($42,672 per ton), while the average price for exports to the Netherlands ($8,170 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany (CIF) - 2023
In December 2023, the average import price for clasps and frames with clasps amounted to $9,232 per ton, falling by -7.1% against the previous month. In general, import price indicated a mild expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for clasps and frames with clasps increased by +4.3% against October 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 104% against the previous month. The import price peaked at $16,008 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Switzerland ($114K per ton), while the price for the Czech Republic ($3,675 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany
In 2022, exports of clasps and frames with clasps from Germany expanded modestly to 1.3K tons, surging by 2.9% compared with 2021. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of clasps and frames with clasps dropped to $19M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. As a result, the exports attained the peak of $20M, and then reduced in the following year.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 3.5 | 2.5 | 3.0 | 3.0 | -5.0% |
| Vietnam | 1.5 | 1.6 | 2.6 | 2.0 | 10.1% |
| United States | 1.1 | 1.0 | 1.4 | 1.4 | 8.4% |
| Poland | 1.3 | 1.5 | 1.0 | 1.0 | -8.4% |
| Turkey | 0.9 | 0.7 | 1.0 | 0.9 | 0.0% |
| Netherlands | 1.5 | 1.4 | 1.2 | 0.9 | -15.7% |
| France | 0.6 | 0.7 | 0.9 | 0.9 | 14.5% |
| United Kingdom | 1.0 | 0.8 | 0.7 | 0.8 | -7.2% |
| Austria | 0.7 | 0.7 | 0.7 | 0.8 | 4.6% |
| China | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Others | 5.3 | 5.3 | 7.0 | 6.8 | 8.7% |
| Total | 17.7 | 16.6 | 20.1 | 19.0 | 2.4% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Germany in 2022:
- Czech Republic (670.2 tons)
- Vietnam (90.1 tons)
- Poland (64.7 tons)
- United States (47.3 tons)
- France (45.7 tons)
- Netherlands (34.5 tons)
- China (32.7 tons)
- United Kingdom (30.0 tons)
- Turkey (29.0 tons)
- Austria (20.6 tons)
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany
For the third consecutive year, Germany recorded decline in purchases abroad of clasps and frames with clasps, which decreased by -2.1% to 1.5K tons in 2022. Over the period under review, imports recorded a pronounced decline.
In value terms, imports of clasps and frames with clasps expanded rapidly to $14M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 3.9 | 3.7 | 4.5 | 12.0% |
| Czech Republic | 3.3 | 3.1 | 2.6 | 2.6 | -7.6% |
| Netherlands | 0.1 | 0.6 | 1.2 | 1.4 | 141.0% |
| Bosnia and Herzegovina | 0.5 | 0.6 | 1.0 | 1.1 | 30.1% |
| Poland | 0.2 | 0.3 | 0.4 | 0.9 | 65.1% |
| Spain | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Taiwan (Chinese) | 2.3 | 2.0 | 0.4 | 0.4 | -44.2% |
| Austria | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 2.9 | 2.9 | 2.5 | 2.0 | -11.6% |
| Total | 13.1 | 14.0 | 12.6 | 13.5 | 1.0% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Germany in 2022:
- Czech Republic (577.1 tons)
- China (356.6 tons)
- Poland (170.3 tons)
- Netherlands (106.9 tons)
- Bosnia and Herzegovina (86.5 tons)
- Austria (45.4 tons)
- Spain (29.8 tons)
- Taiwan (Chinese) (21.4 tons)
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