Price for Buttons; of Base Metal, Not Covered with Textile Material in Ghana - 2022
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Ghana (CIF) - 2022
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Ghana (FOB) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Ghana
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in Ghana
Price for Buttons; of Base Metal, Not Covered with Textile Material in Ghana (CIF) - 2022
In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $10,215 per ton, shrinking by -16.5% against the previous year. In general, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 72% against the previous year. The import price peaked at $17,826 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 India ($85,700 per ton), while the price for Thailand ($1,209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buttons; of Base Metal, Not Covered with Textile Material in Ghana (FOB) - 2022
In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $31,703 per ton, picking up by 19% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 decreased by -13.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 70%. As a result, the export price attained the peak level of $36,451 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($51,740 per ton), while the average price for exports to Benin ($19,008 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 Togo (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in Ghana
For the third consecutive year, Ghana recorded decline in supplies from abroad of buttons; of base metal, not covered with textile materials, which decreased by -20.7% to 3.4 tons in 2022. In general, imports faced a significant decrease.
In value terms, imports of buttons; of base metal, not covered with textile materials fell remarkably to $35K in 2022. Overall, imports continue to indicate a precipitous decrease. The smallest decline of -2.7% was in 2020.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 21.8 | 12.6 | 26.7 | 21.7 | -0.2% |
| China | 4.4 | 65.5 | 10.5 | 5.0 | 4.4% |
| India | 14.0 | 2.2 | 9.5 | 1.7 | -50.5% |
| Nigeria | 11.6 | 1.1 | 1.5 | 1.6 | -48.3% |
| Germany | 8.0 | 0.8 | 1.0 | 1.3 | -45.4% |
| Thailand | 7.7 | 0.7 | 1.0 | 1.1 | -47.7% |
| United Kingdom | 1.9 | 0.1 | 0.1 | 0.1 | -62.5% |
| Others | 20.5 | 4.6 | 2.3 | 2.3 | -51.8% |
| Total | 90.1 | 87.7 | 52.7 | 34.9 | -27.1% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Ghana in 2022:
- China (1147.0 kg)
- Thailand (891.0 kg)
- Germany (830.0 kg)
- Hong Kong SAR (408.0 kg)
- Nigeria (43.0 kg)
- India (20.0 kg)
- United Kingdom (11.0 kg)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in Ghana
In 2022, exports of buttons; of base metal, not covered with textile materials from Ghana expanded markedly to 511 kg, picking up by 11% on the previous year's figure. Overall, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 162%. The exports peaked 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 surged to $16K in 2022. Over the period under review, exports enjoyed noticeable growth. The growth pace was the most rapid in 2021 when exports increased by 108% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 4.8 | 3.2 | 5.9 | 7.8 | 17.6% |
| Benin | 6.1 | 1.3 | 3.3 | 4.9 | -7.0% |
| Togo | 3.0 | 1.3 | 2.8 | 3.3 | 3.2% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 14.1 | 5.9 | 12.3 | 16.2 | 4.7% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Ghana in 2022:
- Benin (260.0 kg)
- Cote d'Ivoire (150.0 kg)
- Togo (99.0 kg)
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