Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sweden - 2023

Contents:

  1. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sweden (CIF) - 2023
  2. Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sweden (FOB) - 2022
  3. Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sweden
  4. Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sweden

Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sweden (CIF) - 2023

The average import price for clasps and frames with clasps stood at $10,469 per ton in December 2023, falling by -9.5% against the previous month. Overall, the import price saw a slight decline. The pace of growth appeared the most rapid in October 2023 an increase of 22% month-to-month. The import price peaked at $14,035 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($21,014 per ton), while the price for China ($5,403 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 the Netherlands (+3.9%), 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 Sweden (FOB) - 2022

The average export price for clasps and frames with clasps stood at $35,768 per ton in 2022, growing by 2.3% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for clasps and frames with clasps increased by +34.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs at $38,354 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 export markets. In 2022, amid the top suppliers, the country with the highest price was China ($111,466 per ton), while the average price for exports to Finland ($16,348 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 China (+19.4%), 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 Sweden

In 2022, approx. 136 tons of clasps and frames with clasps were imported into Sweden; surging by 15% against the previous year. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. 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 expanded notably to $1.9M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 10%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27030241354226.1%
Czech Republic403361415378-2.1%
United Kingdom17.428.255.1280152.5%
China274321317270-0.5%
Netherlands1331101791667.7%
Slovakia10993.011989.7-6.3%
Denmark13.032.265.153.960.7%
Taiwan (Chinese)1742110.62.1-77.1%
Others11210114886.4-8.3%
Total1,5051,5581,7131,8687.5%

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

  1. Czech Republic (52.9 tons)
  2. Germany (27.6 tons)
  3. China (24.4 tons)
  4. Netherlands (19.2 tons)
  5. Slovakia (4.5 tons)
  6. United Kingdom (3.4 tons)
  7. Denmark (2.2 tons)
  8. Taiwan (Chinese) (0.1 tons)

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

In 2022, overseas shipments of clasps and frames with clasps decreased by -18.6% to 17 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.2% 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 2020 with an increase of 32% against the previous year. As a result, the exports reached the peak of 22 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of clasps and frames with clasps contracted sharply to $614K in 2022. Over the period under review, exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $737K, and then shrank significantly in the following year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway17724932425012.2%
Bulgaria13753.4130120-4.3%
Denmark81.187.784.887.82.7%
Finland77.298.390.951.3-12.7%
Poland6.74.110.726.257.5%
Lithuania18.727.614.918.4-0.5%
United Kingdom12.619.817.416.49.2%
United States5.13.15.213.638.7%
Others12038.458.730.5-36.7%
Total635581737614-1.1%

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

  1. Norway (5.6 tons)
  2. Bulgaria (3.9 tons)
  3. Finland (3.1 tons)
  4. Denmark (1.7 tons)
  5. Poland (1.1 tons)
  6. United States (0.4 tons)
  7. United Kingdom (0.4 tons)
  8. Lithuania (0.2 tons)

Source: IndexBox Market Intelligence Platform

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