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Nigeria - Button Blanks & Button Moulds - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Button Blanks and Moulds in Nigeria - 2022
Contents:
- Price for Button Blanks and Moulds in Nigeria (CIF) - 2022
- Price for Button Blanks and Moulds in Nigeria (FOB) - 2022
- Imports of Button Blanks and Moulds in Nigeria
- Exports of Button Blanks and Moulds in Nigeria
Price for Button Blanks and Moulds in Nigeria (CIF) - 2022
In 2022, the average button blanks and moulds import price amounted to $3,225 per ton, growing by 196% against the previous year. In general, the import price posted a strong expansion. Over the period under review, average import prices reached the maximum at $9,029 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 South Africa ($13,473 per ton), while the price for the United States ($402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+80.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Button Blanks and Moulds in Nigeria (FOB) - 2022
The average button blanks and moulds export price stood at $4,667 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price recorded a abrupt shrinkage. The export price peaked at $21,563 per ton in 2012; however, from 2013 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 Benin ($5,000 per ton), while the average price for exports to Botswana amounted to $2,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (-25.0%), while the prices for the other major destinations experienced a decline.
Imports of Button Blanks and Moulds in Nigeria
In 2022, purchases abroad of button blanks & button moulds decreased by -94% to 8.9 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 13,556% against the previous year. As a result, imports reached the peak of 586 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, button blanks and moulds imports reduced dramatically to $29K in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 21,808% against the previous year. As a result, imports reached the peak of $3M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Button Blanks and Moulds in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 1,278 | 107 | 19.7 | 89.4% |
South Africa | N/A | 470 | 41.8 | 6.4 | -88.3% |
Italy | 1.1 | 755 | 3.4 | 1.8 | 17.8% |
United States | 0.4 | 16.3 | 0.6 | 0.1 | -37.0% |
Ethiopia | N/A | 204 | 2.3 | N/A | -98.9% |
India | 6.1 | 123 | 2.1 | N/A | -41.3% |
Others | 3.2 | 164 | 4.4 | 0.5 | -46.1% |
Total | 13.7 | 3,010 | 161 | 28.6 | 27.8% |
Top Suppliers of Button Blanks and Moulds to Nigeria in 2022:
- India (undefined tons)
- China (7.6 tons)
- Italy (0.5 tons)
- South Africa (0.5 tons)
- United States (0.2 tons)
Exports of Button Blanks and Moulds in Nigeria
In 2022, after two years of growth, there was significant decline in overseas shipments of button blanks & button moulds, when their volume decreased by -18.2% to 9 kg. In general, total exports indicated a significant increase from 2020 to 2022: its volume increased at an average annual rate of +22.5% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 83% against the previous year. As a result, the exports reached the peak of 11 kg, and then shrank remarkably in the following year.
In value terms, button blanks and moulds exports dropped markedly to $42 in 2022. Over the period under review, total exports indicated a strong increase from 2020 to 2022: its value increased at an average annual rate of +12.8% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $52, and then fell sharply in the following year.
Export of Button Blanks and Moulds in Nigeria (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Benin | N/A | N/A | 40.0 | 0% | |
Botswana | 33.0 | 3.0 | 2.0 | -75.4% | |
Gambia | N/A | 49.0 | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 33.0 | 52.0 | 42.0 | 12.8% |
Top Export Markets for Button Blanks and Moulds from Nigeria in 2022:
- Benin (8.0 kg)
- Botswana (1.0 kg)
This report provides an in-depth analysis of the market for button blanks and moulds in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32992430 - Button blanks, button moulds and other parts of buttons
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for button blanks and moulds in Nigeria.
This report provides an in-depth analysis of the market for press and snap fasteners in Nigeria.
This report provides an in-depth analysis of the global market for button blanks and moulds.
Global Press And Snap Fasteners Market Report 2018. This report provides an in-depth analysis of the global market for press and snap fasteners.
This report provides an in-depth analysis of the market for button blanks and moulds in Nigeria.
This report provides an in-depth analysis of the market for press and snap fasteners in Nigeria.
This report provides an in-depth analysis of the global market for button blanks and moulds.
Global Press And Snap Fasteners Market Report 2018. This report provides an in-depth analysis of the global market for press and snap fasteners.
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