Price for Buttons; of Base Metal, Not Covered with Textile Material in Germany - 2023

Contents:

1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Germany (FOB) - 2023
2. Price for Buttons; of Base Metal, Not Covered with Textile Material in Germany (CIF) - 2023
3. Exports of Buttons; of Base Metal, Not Covered with Textile Material in Germany
4. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Germany

Price for Buttons; of Base Metal, Not Covered with Textile Material in Germany (FOB) - 2023

In August 2023, the average export price for buttons; of base metal, not covered with textile materials amounted to $81,725 per ton, falling by -7.9% against the previous month. In general, export price indicated a measured increase from December 2022 to August 2023: its price increased at an average monthly rate of +3.7% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, export price for buttons; of base metal, not covered with textile materials increased by +81.3% against May 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 60% against the previous month. The export price peaked at $91,919 per ton in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was China ($129K per ton), while the average price for exports to Kosovo ($1,903 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+7.2%), 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 Germany (CIF) - 2023

The average import price for buttons; of base metal, not covered with textile materials stood at $51,621 per ton in August 2023, with an increase of 29% against the previous month. Overall, import price indicated a noticeable increase from December 2022 to August 2023: its price increased at an average monthly rate of +4.0% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for buttons; of base metal, not covered with textile materials increased by +120.0% against June 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 71% month-to-month. The import price peaked at $53,057 per ton in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($69,109 per ton), while the price for India ($4,387 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+28.2%), 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 Germany

Exports of buttons; of base metal, not covered with textile materials from Germany rose remarkably to 164 tons in 2022, surging by 5.4% compared with the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern.

In value terms, exports of buttons; of base metal, not covered with textile materials shrank to $9.4M in 2022. In general, exports, however, saw a mild decline. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of $9.9M, and then reduced in the following year.

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

1. Tunisia (45.6 tons)
2. Turkey (12.5 tons)
3. Bangladesh (9.0 tons)
4. Italy (8.3 tons)
5. Austria (8.1 tons)
6. Bulgaria (8.1 tons)
7. Romania (7.7 tons)
8. Poland (5.0 tons)
9. France (4.7 tons)
10. Ukraine (4.5 tons)
11. Morocco (4.0 tons)
12. Pakistan (3.9 tons)
13. North Macedonia (3.2 tons)

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

In 2022, supplies from abroad of buttons; of base metal, not covered with textile materials increased by 22% to 106 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of buttons; of base metal, not covered with textile materials rose rapidly to $4.1M in 2022. In general, imports, however, continue to indicate a abrupt decline.

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

1. China (30.7 tons)
2. Italy (29.6 tons)
3. Turkey (16.4 tons)
4. United States (15.3 tons)
5. Hong Kong SAR (2.8 tons)
6. Austria (2.6 tons)
7. Poland (1.9 tons)

Source: IndexBox Market Intelligence Platform