Price for Buttons; of Base Metal, Not Covered with Textile Material in Australia - 2024
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Australia (CIF) - 2022
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Australia (FOB) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Australia
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in Australia
Price for Buttons; of Base Metal, Not Covered with Textile Material in Australia (CIF) - 2022
The average import price for buttons; of base metal, not covered with textile materials stood at $40,245 per ton in 2022, growing by 10% against the previous year. In general, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 50% against the previous year. As a result, import price reached the peak level of $51,784 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($40,279 per ton) and the United States ($40,254 per ton), while the price for Hong Kong SAR ($39,930 per ton) and Japan ($40,219 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.5%), 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 Australia (FOB) - 2022
The average export price for buttons; of base metal, not covered with textile materials stood at $35,647 per ton in 2022, picking up by 50% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 56%. The export price peaked at $48,760 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($35,900 per ton), while the average price for exports to New Zealand ($19,000 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 Papua New Guinea (+15.8%), 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 Australia
Imports of buttons; of base metal, not covered with textile materials into Australia expanded remarkably to 5.1 tons in 2022, picking up by 12% compared with 2021 figures. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. As a result, imports attained the peak of 5.6 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of buttons; of base metal, not covered with textile materials skyrocketed to $206K in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 114 | 97.5 | 75.7 | 116 | 0.6% |
| United States | 48.6 | 49.2 | 44.0 | 39.1 | -7.0% |
| Japan | 10.4 | 10.9 | 8.3 | 15.1 | 13.2% |
| Spain | N/A | 1.0 | 9.1 | 14.9 | 286.0% |
| Italy | 3.5 | 8.8 | 5.7 | 10.1 | 42.4% |
| Hong Kong SAR | 7.6 | 3.2 | 9.4 | 1.7 | -39.3% |
| Others | 9.0 | 8.6 | 14.1 | 9.0 | 0.0% |
| Total | 193 | 179 | 166 | 206 | 2.2% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Australia in 2022:
- China (2885.0 kg)
- United States (972.0 kg)
- Japan (375.0 kg)
- Spain (370.0 kg)
- Italy (251.0 kg)
- Hong Kong SAR (43.0 kg)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in Australia
In 2022, approx. 805 kg of buttons; of base metal, not covered with textile materials were exported from Australia; jumping by 31% on the previous year. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 404%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of buttons; of base metal, not covered with textile materials soared to $29K in 2022. Over the period under review, exports showed tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of 212% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 15.1 | 0% |
| Nauru | N/A | N/A | 2.7 | 8.5 | 214.8% |
| United Kingdom | N/A | N/A | N/A | 2.6 | 0% |
| Singapore | 2.0 | N/A | N/A | 1.1 | -18.1% |
| Malaysia | 1.7 | 0.2 | N/A | 0.6 | -29.3% |
| China | N/A | 1.3 | 1.1 | 0.4 | -44.5% |
| New Zealand | 4.2 | N/A | 2.2 | N/A | -27.6% |
| Fiji | 7.3 | 3.0 | 5.1 | N/A | -16.4% |
| Sri Lanka | 1.8 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 1.0 | N/A | 0% |
| Qatar | 4.1 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 2.2 | N/A | 0% |
| Others | 4.8 | 0.2 | 0.3 | 0.5 | -52.9% |
| Total | 25.8 | 4.7 | 14.6 | 28.7 | 3.6% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Australia in 2022:
- Indonesia (422.0 kg)
- Nauru (238.0 kg)
- United Kingdom (72.0 kg)
- Singapore (30.0 kg)
- Malaysia (17.0 kg)
- China (12.0 kg)
- New Zealand (1.0 kg)
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