Price for Buttons; of Base Metal, Not Covered with Textile Material in Belarus - 2022

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $9,883 per ton in 2022, jumping by 24% against the previous year. In general, the import price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. Over the period under review, average import prices attained the maximum at $40,048 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($48,676 per ton), while the price for Turkey ($6,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+2.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $12,089 per ton, falling by -36.1% against the previous year. Overall, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2014 an increase of 108% against the previous year. As a result, the export price attained the peak level of $31,469 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -0.5% per year.

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

In 2022, the amount of buttons; of base metal, not covered with textile materials imported into Belarus reached 79 tons, growing by 4.6% compared with 2021. The total import volume increased at an average annual rate of +12.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. 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 soared to $785K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25419928764536.4%
Poland84.699.184.764.0-8.9%
Turkey41.655.851.152.48.0%
Russia60.979.9118N/A39.2%
Others30.057.464.623.5-7.8%
Total47249160678518.5%

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

  1. China (62.9 tons)
  2. Turkey (8.1 tons)
  3. Poland (7.9 tons)

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

For the third consecutive year, Belarus recorded decline in overseas shipments of buttons; of base metal, not covered with textile materials, which decreased by -94.9% to 304 kg in 2022. In general, exports continue to indicate a dramatic decrease. The smallest decline of -17.6% was in 2021.

In value terms, exports of buttons; of base metal, not covered with textile materials contracted remarkably to $3.7K in 2022. Overall, exports saw a sharp setback. The smallest decline of -21.7% was in 2021.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1911391113.7-73.1%
Others3.54.71.7N/A-30.3%
Total1941431123.7-73.3%

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

  1. Russia (304.0 kg)

Source: IndexBox Market Intelligence Platform

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