Ireland: Base Metal Clasp Market 2024

Base Metal Clasp Market Size in Ireland

After two years of growth, the Irish base metal clasp market decreased by X% to $X in 2022. In general, consumption recorded a sharp reduction. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Base Metal Clasp Production in Ireland

In value terms, base metal clasp production reached $X in 2022 estimated in export price. In general, the total production indicated perceptible 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Base metal clasp production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Base Metal Clasp Exports

Exports from Ireland

In 2022, the amount of articles such as clasps, frames with clasps, parts of base metal exported from Ireland skyrocketed to X tons, rising by X% compared with 2021. In general, exports enjoyed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, base metal clasp exports soared to $X in 2022. Over the period under review, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for base metal clasp exports from Ireland, accounting for a X% share of total exports. It was followed by the United States (X tons), with a X% share of total exports. Cyprus (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Cyprus (X% per year).

In value terms, the UK ($X) remains the key foreign market for articles such as clasps, frames with clasps, parts of base metal exports from Ireland, comprising X% of total exports. The second position in the ranking was held by Cyprus ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average base metal clasp export price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price saw a temperate expansion. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 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 Italy ($X per ton), while the average price for exports to Germany ($X 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 Cyprus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Clasp Imports

Imports into Ireland

After two years of growth, supplies from abroad of articles such as clasps, frames with clasps, parts of base metal decreased by X% to X tons in 2022. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, base metal clasp imports shrank remarkably to $X in 2022. In general, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of base metal clasp to Ireland, accounting for a X% share of total imports. Moreover, base metal clasp imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

In value terms, the UK ($X), China ($X) and the United States ($X) were the largest base metal clasp suppliers to Ireland, together accounting for X% of total imports.

The United States, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average base metal clasp import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price saw a tangible increase. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X 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 States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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