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

Contents:

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

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

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $7,655 per ton, falling by -29% against the previous year. In general, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 an increase of 89%. As a result, import price reached the peak level of $18,360 per ton. From 2018 to 2022, the average 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 Hong Kong SAR ($43,849 per ton), while the price for China ($5,363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.7%), 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 Guatemala (FOB) - 2022

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $5,152 per ton, declining by -35.2% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 275% against the previous year. Over the period under review, the average export prices hit record highs at $10,434 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16,500 per ton), while the average price for exports to Honduras ($3,143 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 the United States (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Guatemala recorded growth in supplies from abroad of buttons; of base metal, not covered with textile materials, which increased by 21% to 114 tons in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 51%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of buttons; of base metal, not covered with textile materials reduced to $870K in 2022. In general, imports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 32%.

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

1. China (102.2 tons)
2. Colombia (5.1 tons)
3. Hong Kong SAR (2.7 tons)
4. United States (1.6 tons)
5. Mexico (1.3 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of buttons; of base metal, not covered with textile materials, when their volume increased by 577% to 528 kg. Overall, exports, however, continue to indicate a precipitous slump.

In value terms, exports of buttons; of base metal, not covered with textile materials surged to $2.7K in 2022. Over the period under review, exports, however, recorded a precipitous setback.

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

1. Costa Rica (382.0 kg)
2. Honduras (105.0 kg)
3. United States (32.0 kg)
4. Dominican Republic (9.0 kg)

Source: IndexBox Market Intelligence Platform