Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia - 2024
Contents:
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia (CIF) - 2024
- Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia (FOB) - 2022
- Imports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia
- Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia (CIF) - 2024
The average import price for clasps and frames with clasps stood at $5,289 per ton in January 2024, shrinking by -3.8% against the previous month. Overall, import price indicated a measured increase from January 2023 to January 2024: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for clasps and frames with clasps decreased by -33.7% against October 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 117% against the previous month. Over the period under review, average import prices hit record highs at $7,972 per ton in October 2023; however, from November 2023 to January 2024, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to +4.5% per month.
Price for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia (FOB) - 2022
The average export price for clasps and frames with clasps stood at $9,734 per ton in 2022, surging by 8.4% against the previous year. In general, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 224%. As a result, the export price reached the peak level of $19,779 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
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 ($128,739 per ton), while the average price for exports to Brazil ($2,798 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 (+43.5%), 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 Malaysia
In 2022, after three years of growth, there was significant decline in supplies from abroad of clasps and frames with clasps, when their volume decreased by -42.1% to 522 tons. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,042%. As a result, imports attained the peak of 902 tons, and then reduced notably in the following year.
In value terms, imports of clasps and frames with clasps declined to $3.3M in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,723% against the previous year. As a result, imports attained the peak of $3.9M, and then declined in the following year.
| Import of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 0.2 | 3.8 | 3.1 | 149.3% |
| Others | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Total | 0.3 | 0.2 | 3.9 | 3.3 | 122.4% |
Top Suppliers of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal to Malaysia in 2022:
- China (506.2 tons)
Exports of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia
After two years of decline, overseas shipments of clasps and frames with clasps increased by 31% to 30 tons in 2022. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of clasps and frames with clasps surged to $296K in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 195% against the previous year. As a result, the exports attained the peak of $473K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Clasps and Frames with Clasps; Incorporating Locks, of Base Metal in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.9 | 80.7 | 141 | 210 | 379.9% |
| China | 51.5 | 118 | N/A | 40.4 | -7.8% |
| Vietnam | 39.9 | 14.3 | 24.2 | 26.3 | -13.0% |
| Singapore | 27.3 | 114 | 24.5 | 4.3 | -46.0% |
| Netherlands | N/A | N/A | N/A | 2.3 | 0% |
| Brazil | N/A | N/A | N/A | 1.7 | 0% |
| Japan | 22.8 | 9.5 | 9.6 | N/A | -35.1% |
| United Kingdom | N/A | 24.5 | 5.0 | N/A | -79.6% |
| Indonesia | 7.9 | N/A | N/A | N/A | 0% |
| Others | 9.0 | 111 | 4.6 | 10.8 | 6.3% |
| Total | 160 | 473 | 209 | 296 | 22.8% |
Top Export Markets for Clasps and Frames with Clasps; Incorporating Locks, of Base Metal from Malaysia in 2022:
- United States (23.8 tons)
- Vietnam (4.7 tons)
- Brazil (0.6 tons)
- Netherlands (0.5 tons)
- China (0.3 tons)
- Singapore (0.2 tons)
590
This report provides an in-depth analysis of the lock and key market in Malaysia.
198
This report provides an in-depth analysis of the metal cylinder lock market in Malaysia.
227
This report provides an in-depth analysis of the metal furniture lock market in Malaysia.
282
This report provides an in-depth analysis of the base metal keys market in Malaysia.
336
This report provides an in-depth analysis of the metal vehicle lock market in Malaysia.
449
This report provides an in-depth analysis of the base metal padlock market in Malaysia.
432
This report provides an in-depth analysis of the market for sulphides, dithionites and sulphoxylates in Malaysia.
1264
This report provides an in-depth analysis of the global lock and key market.
598
Global Metal Cylinder Lock Market Report 2018. This report provides an in-depth analysis of the global metal cylinder lock market.
684
This report provides an in-depth analysis of the global metal furniture lock market.
251
Explore the top import markets for lock and key products, including the United States, Germany, Canada, Mexico, and more. Learn about the demand, statistics, and key insights from IndexBox market intelligence platform.
1556
Global padlocks, locks and keys market amounted to X tons in 2016. After a sharp drop in 2009, it recovered in the next year and then underwent moderate, but robust growth through 2016, accelerating slightly by the end of the period.
812
In 2016, the amount of lock and key imported worldwide amounted to X tons, moving up by X% against the previous year level. The total import volume increased at an average annual rate of +X% ov...
4060
In 2016, the amount of lock and key imported worldwide amounted to X tons, moving up by X% against the previous year level. The total import volume increased at an average annual rate of +X% ov...
103
Explore the top import markets for metal vehicle locks across the globe. Discover the key countries driving the demand for these essential security products.
985
In value terms, base metals clad with silver imports totaled $X in 2016. Overall, base metals clad with silver imports continue to indicate a mild reduction. In that year, global base metals clad w...
703
In value terms, flexible tubing imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent, with...
1220
In value terms, base metal mountings, fittings and similar articles imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016;...
606
In value terms, flexible tubing exports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...
1149
In value terms, base metal mountings, fittings and similar articles exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016;...
