Price for Buttons; of Base Metal, Not Covered with Textile Material in China - 2024
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in China (FOB) - 2022
- Price for Buttons; of Base Metal, Not Covered with Textile Material in China (CIF) - 2022
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in China
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in China
Price for Buttons; of Base Metal, Not Covered with Textile Material in China (FOB) - 2022
In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $12,834 per ton, surging by 2.3% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for buttons; of base metal, not covered with textile materials increased by +27.2% against 2014 indices. The pace of growth was the most pronounced in 2013 an increase of 49% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($24,038 per ton), while the average price for exports to Brazil ($6,002 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 Hong Kong SAR (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buttons; of Base Metal, Not Covered with Textile Material in China (CIF) - 2022
The average import price for buttons; of base metal, not covered with textile materials stood at $24,297 per ton in 2022, increasing by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The import price peaked at $24,725 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($159,241 per ton), while the price for South Korea ($6,713 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buttons; of Base Metal, Not Covered with Textile Material in China
In 2022, exports of buttons; of base metal, not covered with textile materials from China rose notably to 25K tons, increasing by 14% compared with 2021 figures. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of buttons; of base metal, not covered with textile materials soared to $320M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 80.4 | 57.6 | 84.4 | 80.0 | -0.2% |
| Bangladesh | 32.4 | 23.4 | 33.1 | 34.9 | 2.5% |
| Vietnam | 17.1 | 21.9 | 29.2 | 30.5 | 21.3% |
| India | 14.8 | 10.6 | 18.2 | 27.0 | 22.2% |
| Pakistan | 16.1 | 13.3 | 22.1 | 18.9 | 5.5% |
| Cambodia | 7.9 | 7.1 | 8.5 | 11.5 | 13.3% |
| Turkey | 6.1 | 3.2 | 6.1 | 10.8 | 21.0% |
| Myanmar | 7.2 | 6.9 | 7.0 | 10.4 | 13.0% |
| Indonesia | 5.1 | 3.7 | 6.7 | 7.9 | 15.7% |
| Malaysia | 1.3 | 0.6 | 1.2 | 7.3 | 77.7% |
| Egypt | 3.3 | 3.4 | 5.4 | 6.2 | 23.4% |
| Mexico | 2.4 | 2.0 | 4.3 | 6.1 | 36.5% |
| Brazil | 0.9 | 0.9 | 2.4 | 2.6 | 42.4% |
| Others | 37.8 | 28.0 | 45.7 | 65.9 | 20.4% |
| Total | 233 | 183 | 274 | 320 | 11.2% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from China in 2022:
- Hong Kong SAR (4.4K tons)
- India (3.3K tons)
- Bangladesh (2.2K tons)
- Vietnam (1.9K tons)
- Pakistan (1.3K tons)
- Turkey (1.2K tons)
- Egypt (0.8K tons)
- Malaysia (0.8K tons)
- Mexico (0.7K tons)
- Indonesia (0.7K tons)
- Myanmar (0.5K tons)
- Cambodia (0.5K tons)
- Brazil (0.4K tons)
Imports of Buttons; of Base Metal, Not Covered with Textile Material in China
After three years of growth, purchases abroad of buttons; of base metal, not covered with textile materials decreased by -40.1% to 472 tons in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 19% against the previous year.
In value terms, imports of buttons; of base metal, not covered with textile materials shrank notably to $11M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The smallest decline of -2.1% was in 2021.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.2 | 6.7 | 5.5 | 4.9 | -24.1% |
| Taiwan (Chinese) | 1.9 | 2.2 | 2.2 | 1.3 | -11.9% |
| Italy | 0.9 | 0.8 | 1.0 | 1.1 | 6.9% |
| South Korea | 0.3 | 0.3 | 0.6 | 0.3 | 0.0% |
| Hong Kong SAR | 0.7 | 0.5 | 0.5 | 0.3 | -24.6% |
| Others | 0.7 | 4.0 | 4.3 | 3.4 | 69.4% |
| Total | 15.7 | 14.5 | 14.2 | 11.5 | -9.9% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to China in 2022:
- Taiwan (Chinese) (147.3 tons)
- Japan (94.6 tons)
- South Korea (44.8 tons)
- Hong Kong SAR (22.8 tons)
- Italy (7.2 tons)
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