Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya - 2022
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya (CIF) - 2022
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya (CIF) - 2022
The average import price for clasps and frames with clasps stood at $4,428 per ton in 2022, rising by 9.1% against the previous year. Overall, the import price showed strong growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 81%. As a result, import price attained the peak level of $7,057 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($52,750 per ton), while the price for Turkey ($1,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+18.6%), 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 Kenya (FOB) - 2022
In 2022, the average export price for clasps and frames with clasps amounted to $11,871 per ton, increasing by 5.3% against the previous year. Overall, the export price showed a tangible expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices attained the maximum at $18,820 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($12,424 per ton), while the average price for exports to Uganda ($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 Tanzania (+0.7%), while the prices for the other major destinations experienced a decline.
Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya
In 2022, approx. 14 tons of clasps and frames with clasps were imported into Kenya; increasing by 1,191% on 2021. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of clasps and frames with clasps surged to $63K in 2022. Overall, imports posted a significant expansion. 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 Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.5 | 18.2 | 2.0 | 15.7 | 41.9% |
| United Kingdom | 1.4 | 5.1 | 0.8 | 15.1 | 120.9% |
| Malaysia | N/A | N/A | N/A | 1.8 | 0% |
| India | 0.2 | 0.2 | N/A | 1.0 | 71.0% |
| Others | 9.2 | 13.3 | 1.7 | 29.9 | 48.1% |
| Total | 16.3 | 36.8 | 4.5 | 63.5 | 57.3% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Kenya in 2022:
- China (9.0 tons)
- United Kingdom (3.4 tons)
- Malaysia (0.9 tons)
- India (0.6 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya
In 2022, exports of clasps and frames with clasps from Kenya totaled 70 kg, rising by 13% on 2021. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of clasps and frames with clasps soared to $831 in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 717 | 721 | 688 | 820 | 4.6% |
| Rwanda | 5.0 | 5.0 | 4.0 | 6.0 | 6.3% |
| Mali | 4.0 | 3.0 | 2.0 | 3.0 | -9.1% |
| South Sudan | 6.0 | 3.0 | 1.0 | 1.0 | -45.0% |
| Uganda | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Angola | 22.0 | N/A | N/A | N/A | 0% |
| Others | 10.0 | N/A | 3.0 | N/A | -45.2% |
| Total | 765 | 733 | 699 | 831 | 2.8% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Kenya in 2022:
- Tanzania (66.0 kg)
- Rwanda (1.0 kg)
- South Sudan (1.0 kg)
- Uganda (1.0 kg)
- Mali (1.0 kg)
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