Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco - 2023
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco (CIF) - 2022
The average import price for clasps and frames with clasps stood at $14,415 per ton in 2022, jumping by 21% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The growth pace was the most rapid in 2020 an increase of 65% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($36,481 per ton), while the price for China ($2,897 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.1%), 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 Morocco (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $1,222 per ton, dropping by -45.7% against the previous year. Over the period under review, the export price showed a significant decline. The pace of growth appeared the most rapid in 2018 an increase of 43%. Over the period under review, the average export prices attained the maximum at $18,701 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($3,000 per ton), while the average price for exports to Slovakia ($1,000 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 Spain (+2.2%), while the prices for the other major destinations experienced a decline.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco
In 2022, overseas purchases of clasps and frames with clasps were finally on the rise to reach 20 tons after two years of decline. In general, imports, however, faced a abrupt downturn.
In value terms, imports of clasps and frames with clasps skyrocketed to $292K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 31.6 | 16.9 | 66.0 | 203 | 85.9% |
| China | 75.4 | 38.2 | 21.6 | 35.9 | -21.9% |
| Italy | 0.9 | 5.8 | 4.7 | 14.6 | 153.1% |
| Turkey | 0.9 | 4.2 | 32.9 | 8.5 | 111.4% |
| Portugal | 15.3 | 42.4 | 14.1 | 7.9 | -19.8% |
| France | 20.0 | 65.5 | 4.6 | 6.0 | -33.1% |
| Others | 31.0 | 27.4 | 21.2 | 15.3 | -21.0% |
| Total | 175 | 200 | 165 | 292 | 18.6% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Morocco in 2022:
- China (12.4 tons)
- Spain (5.6 tons)
- Italy (0.7 tons)
- Turkey (0.6 tons)
- Portugal (0.6 tons)
- France (0.2 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco
After two years of decline, overseas shipments of clasps and frames with clasps increased by 13% to 9 kg in 2022. In general, exports, however, saw a precipitous descent.
In value terms, exports of clasps and frames with clasps shrank rapidly to $11 in 2022. Overall, exports, however, continue to indicate a precipitous shrinkage.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Algeria | 2,881 | 1,938 | 11.0 | 3.0 | -89.9% |
| Mauritania | 1,356 | 231 | 1.0 | 1.0 | -91.0% |
| Romania | N/A | N/A | N/A | 1.0 | 0% |
| Senegal | 874 | 262 | 1.0 | 1.0 | -89.5% |
| Congo | 164 | 103 | 1.0 | 1.0 | -81.7% |
| Gabon | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Slovakia | N/A | N/A | N/A | 1.0 | 0% |
| Niger | N/A | N/A | N/A | 1.0 | 0% |
| Cote d'Ivoire | 975 | 312 | 2.0 | 1.0 | -89.9% |
| Others | 280 | 115 | 1.0 | N/A | -94.0% |
| Total | 6,531 | 2,962 | 18.0 | 11.0 | -88.1% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Morocco in 2022:
- Mauritania (1.0 kg)
- Romania (1.0 kg)
- Algeria (1.0 kg)
- Senegal (1.0 kg)
- Congo (1.0 kg)
- Gabon (1.0 kg)
- Slovakia (1.0 kg)
- Niger (1.0 kg)
- Cote d'Ivoire (1.0 kg)
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