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

Contents:

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

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

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $8,538 per ton, increasing by 4.4% against the previous year. Overall, the import price, however, showed a slight decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 61% against the previous year. The import price peaked at $12,983 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Colombia ($29,713 per ton), while the price for China ($8,024 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for buttons; of base metal, not covered with textile materials stood at $40,233 per ton in 2022, declining by -56.7% against the previous year. Overall, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 97% against the previous year. Over the period under review, the average export prices attained the maximum at $113,333 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($122,778 per ton), while the average price for exports to Canada ($8,000 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 Turkey (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of buttons; of base metal, not covered with textile materials increased by 131% to 119 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed strong growth. As a result, imports reached 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 soared to $1M in 2022. In general, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (116.3 tons)
2. Colombia (2.5 tons)

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

Exports of buttons; of base metal, not covered with textile materials from Ecuador soared to 43 kg in 2022, picking up by 617% on 2021. Overall, exports, however, faced a dramatic shrinkage.

In value terms, exports of buttons; of base metal, not covered with textile materials soared to $1.7K in 2022. In general, exports, however, faced a dramatic decrease.

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

1. United States (33.0 kg)
2. Ukraine (9.0 kg)
3. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform