Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Jordan - 2022

Contents:

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

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

The average import price for clasps and frames with clasps stood at $15,461 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price posted strong growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 213% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($50,847 per ton), while the price for Taiwan (Chinese) ($1,460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.0%), 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 Jordan (FOB) - 2022

In 2022, the average export price for clasps and frames with clasps amounted to $21,625 per ton, standing approx. at the previous year. In general, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 65%. Over the period under review, the average export prices reached the peak figure at $37,919 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($21,656 per ton), while the average price for exports to Palestine amounted to $19,286 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+4.6%).

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

After two years of decline, overseas purchases of clasps and frames with clasps increased by 1% to 15 tons in 2022. In general, imports, however, saw a precipitous slump.

In value terms, imports of clasps and frames with clasps rose rapidly to $239K in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of $277K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China117186124113-1.2%
Germany2.92.41.457.6170.8%
Italy25.929.928.623.4-3.3%
United States18.922.922.919.71.4%
Spain4.66.06.56.19.9%
United Kingdom12.611.58.75.6-23.7%
Taiwan (Chinese)0.70.80.70.5-10.6%
Others39.217.318.613.7-29.6%
Total2222772122392.5%

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

  1. China (11.4 tons)
  2. Germany (1.1 tons)
  3. United States (0.7 tons)
  4. Italy (0.5 tons)
  5. Taiwan (Chinese) (0.3 tons)
  6. United Kingdom (0.3 tons)
  7. Spain (0.3 tons)

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

In 2022, approx. 525 kg of clasps and frames with clasps were exported from Jordan; remaining stable against the year before. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 6,458%. As a result, the exports reached the peak of 787 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of clasps and frames with clasps amounted to $11K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 10,736% against the previous year. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones0.112.811.011.2382.0%
OthersN/A0.10.30.10.0%
Total0.112.911.311.4384.9%

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

  1. Free Zones (518.0 kg)

Source: IndexBox Market Intelligence Platform

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