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

Contents:

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

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

In 2022, the average import price for clasps and frames with clasps amounted to $7,399 per ton, falling by -30.8% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 an increase of 41% against the previous year. As a result, import price reached the peak level of $10,695 per ton, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($38,535 per ton), while the price for China ($5,713 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.7%), 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 Argentina (FOB) - 2022

In 2022, the average export price for clasps and frames with clasps amounted to $20,434 per ton, with an increase of 14% against the previous year. Overall, the export price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 62%. As a result, the export price reached the peak level of $50,286 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($39,400 per ton), while the average price for exports to Brazil ($20,100 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 Bolivia (+34.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 61 tons of clasps and frames with clasps were imported into Argentina; jumping by 156% compared with the previous year. In general, imports recorded a significant increase. 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 $453K in 2022. Over the period under review, imports saw a significant expansion. 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 Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13415012930431.4%
Italy56.074.743.173.19.3%
Brazil29.917.250.634.85.2%
IndiaN/AN/AN/A15.40%
Taiwan (Chinese)0.70.4N/A12.6162.1%
Others18.86.033.813.0-11.6%
Total23924825645323.8%

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

  1. China (53.2 tons)
  2. Italy (4.9 tons)
  3. India (1.0 tons)
  4. Brazil (0.9 tons)
  5. Taiwan (Chinese) (0.9 tons)

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

In 2022, shipments abroad of clasps and frames with clasps decreased by -93.7% to 966 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,473%. As a result, the exports attained the peak of 15 tons, and then shrank remarkably in the following year.

In value terms, exports of clasps and frames with clasps declined dramatically to $20K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 739% against the previous year.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.729.927418.6198.4%
Paraguay0.30.10.10.626.0%
Uruguay0.40.10.40.57.7%
Others2.52.7N/A0.1-65.8%
Total3.932.827419.771.6%

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

  1. Brazil (924.0 kg)
  2. Uruguay (25.0 kg)
  3. Paraguay (15.0 kg)

Source: IndexBox Market Intelligence Platform

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