Eastern Europe: Base Metal Clasp Market 2024

Base Metal Clasp Market Size in Eastern Europe

In 2022, the East European base metal clasp market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Base Metal Clasp Production in Eastern Europe

In value terms, base metal clasp production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded modest growth. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Base Metal Clasp Exports

Exports in Eastern Europe

In 2022, approx. X tons of articles such as clasps, frames with clasps, parts of base metal were exported in Eastern Europe; surging by X% on the previous year. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, base metal clasp exports expanded modestly to $X in 2022. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

In 2022, Romania (X tons) was the key exporter of articles such as clasps, frames with clasps, parts of base metal, making up X% of total exports. Poland (X tons) took the second position in the ranking, followed by Estonia (X tons), the Czech Republic (X tons) and Hungary (X tons). All these countries together took near X% share of total exports. Slovakia (X tons) took a minor share of total exports.

Exports from Romania increased at an average annual rate of X% from 2012 to 2022. At the same time, Estonia (X%), Poland (X%), Slovakia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Hungary (X%) illustrated a downward trend over the same period. Poland (X p.p.), Estonia (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Hungary saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Romania ($X) remains the largest base metal clasp supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Romania stood at X%. In the other countries, the average annual rates were as follows: Poland (X% per year) and Estonia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Base Metal Clasp Imports

Imports in Eastern Europe

In 2022, supplies from abroad of articles such as clasps, frames with clasps, parts of base metal increased by X% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, base metal clasp imports expanded significantly to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Romania was the largest importer of articles such as clasps, frames with clasps, parts of base metal in Eastern Europe, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. Poland (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%) and the Czech Republic (X%). The following importers - Russia (X tons), Slovakia (X tons) and Bulgaria (X tons) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to base metal clasp imports into Romania stood at X%. At the same time, Hungary (X%), Poland (X%), the Czech Republic (X%), Bulgaria (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. Romania (X p.p.), Hungary (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Romania ($X) constitutes the largest market for imported articles such as clasps, frames with clasps, parts of base metal in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Romania, base metal clasp imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hungary (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, saw a slight setback. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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