In 2023, China dominated the global export market for clasps incorporating locks of base metal, holding a 47.43% share, followed by Germany and the Czech Republic at 11.87% and 7.62%, respectively. High growth was noted in Slovenia with a 238.95% increase, while substantial declines were observed in Brazil, France, and Thailand. Year-on-year variations indicated notable increases in Bosnia and Herzegovina and Philippines, in contrast to declines in the United States and South Korea. The five-year CAGR showed consistent growth in several emerging markets.
Future trends suggest continued market dominance by China with potential growth opportunities in smaller markets like Mongolia and Uganda, which showed significant increases. Monitoring economic and trade policy changes, technological integration, and material innovations will be crucial for identifying growth opportunities and mitigating risks in this sector.
Top countries in Export of Clasps Etc Incorporating Locks of Base Metal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 47.43 | 2023 | +2.6% | +2.85% | View data |
| 2 | 2 Germany | 11.87 | 2023 | +1.83% | +4.06% | View data |
| 3 | 3 Czech Republic | 7.62 | 2023 | +1.17% | +2.35% | View data |
| 4 | 4 Romania | 6.69 | 2023 | +4.5% | +4.1% | View data |
| 5 | 5 Slovenia | 5.77 | 2023 | +4.41% | +238.95% | View data |
| 6 | 6 United Arab Emirates | 4.2 | 2023 | +5.59% | +3.15% | View data |
| 7 | 7 Spain | 3.16 | 2023 | +1.57% | -1.16% | View data |
| 8 | 8 Poland | 2.82 | 2023 | +3.63% | +4.98% | View data |
| 9 | 9 Netherlands | 2.03 | 2023 | -1.71% | -2.27% | View data |
| 10 | 10 Portugal | 1.22 | 2023 | -0.9% | -0.47% | View data |
