Price for Buttons; of Base Metal, Not Covered with Textile Material in Pakistan - 2023

Contents:

  1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Pakistan (CIF) - 2022
  2. Price for Buttons; of Base Metal, Not Covered with Textile Material in Pakistan (FOB) - 2022
  3. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Pakistan
  4. Exports of Buttons; of Base Metal, Not Covered with Textile Material in Pakistan

Price for Buttons; of Base Metal, Not Covered with Textile Material in Pakistan (CIF) - 2022

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $28,954 per ton, with a decrease of -42% against the previous year. Over the period under review, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 305%. Over the period under review, average import prices hit record highs at $249,735 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bahrain ($151,264 per ton), while the price for China ($25,272 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+47.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Buttons; of Base Metal, Not Covered with Textile Material in Pakistan (FOB) - 2022

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $29,944 per ton, reducing by -39.5% against the previous year. Over the period under review, the export price recorded a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 170% against the previous year. The export price peaked at $49,500 per ton in 2021, and then reduced markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($65,288 per ton), while the average price for exports to Sweden ($3,640 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 Malaysia (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttons; of Base Metal, Not Covered with Textile Material in Pakistan

Imports of buttons; of base metal, not covered with textile materials into Pakistan surged to 38 tons in 2022, picking up by 123% compared with 2021 figures. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 160%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of buttons; of base metal, not covered with textile materials skyrocketed to $1.1M in 2022. In general, imports, however, continue to indicate a abrupt descent.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,565412596893-17.1%
BahrainN/A1281961456.4%
United Arab Emirates23654.115.019.0-56.8%
United Kingdom19.427.420.218.3-1.9%
Others95.742.521.221.5-39.2%
Total1,9166648481,097-17.0%

Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Pakistan in 2022:

  1. China (35.4 tons)
  2. Bahrain (1.0 tons)
  3. United Arab Emirates (0.5 tons)
  4. United Kingdom (0.4 tons)

Exports of Buttons; of Base Metal, Not Covered with Textile Material in Pakistan

In 2022, exports of buttons; of base metal, not covered with textile materials from Pakistan skyrocketed to 1.1 tons, increasing by 189% against 2021. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of buttons; of base metal, not covered with textile materials soared to $33K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.0N/AN/A18.081.7%
United Arab EmiratesN/AN/AN/A6.80%
Spain2.00.31.52.913.2%
SwedenN/AN/AN/A1.20%
JordanN/AN/AN/A1.10%
Japan2.7N/AN/A1.0-28.2%
KenyaN/A7.00.7N/A-90.0%
Belgium5.0N/A2.9N/A-23.8%
MalaysiaN/AN/A13.0N/A0%
RomaniaN/A10.0N/AN/A0%
Others1.04.80.92.128.1%
Total13.822.218.933.133.9%

Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Pakistan in 2022:

  1. United States (439.0 kg)
  2. Sweden (336.0 kg)
  3. United Arab Emirates (104.0 kg)
  4. Spain (87.0 kg)
  5. Japan (85.0 kg)
  6. Jordan (36.0 kg)

Source: IndexBox Market Intelligence Platform

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