Price for Buttons; of Base Metal, Not Covered with Textile Material in Canada - 2024

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $37,589 per ton in 2022, with a decrease of -10.5% against the previous year. Over the period under review, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. Over the period under review, average import prices attained the peak figure at $51,943 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($37,715 per ton) and Mexico ($37,602 per ton), while the price for Hong Kong SAR ($37,167 per ton) and China ($37,586 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $27,199 per ton, shrinking by -44.9% against the previous year. Overall, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 30%. As a result, the export price reached the peak level of $49,397 per ton, and then shrank remarkably in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($30,386 per ton) and Bulgaria ($30,277 per ton), while the average price for exports to United States Minor Outlying Islands ($21,827 per ton) and the UK ($21,923 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of buttons; of base metal, not covered with textile materials, when their volume increased by 75% to 23 tons. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of buttons; of base metal, not covered with textile materials surged to $864K in 2022. Overall, imports, however, continue to indicate a perceptible curtailment.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States506241230468-2.6%
China294189247246-5.8%
Italy58.619.719.998.819.0%
Mexico53.323.116.817.3-31.3%
Others20.143.639.634.119.3%
Total932516553864-2.5%

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

  1. United States (12.5 tons)
  2. China (6.5 tons)
  3. Italy (2.6 tons)
  4. Mexico (0.5 tons)

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

In 2022, overseas shipments of buttons; of base metal, not covered with textile materials were finally on the rise to reach 4.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a prominent 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 $111K in 2022. Overall, exports, however, showed a mild descent.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45.74.811.759.08.9%
United States Minor Outlying IslandsN/AN/AN/A33.40%
Bulgaria68.533.210.712.3-43.6%
United KingdomN/A15.7N/A1.7-67.1%
Others3.37.73.75.115.6%
Total11861.426.0111-2.0%

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

  1. United States (1943.0 kg)
  2. United States Minor Outlying Islands (1530.0 kg)
  3. Bulgaria (405.0 kg)
  4. United Kingdom (78.0 kg)

Source: IndexBox Market Intelligence Platform

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