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

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $17,535 per ton in 2022, with an increase of 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 23%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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 ($35,837 per ton), while the price for China ($11,174 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+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 Indonesia (FOB) - 2022

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $27,800 per ton, waning by -17.6% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of 59% against the previous year. As a result, the export price attained the peak level of $39,509 per ton. From 2016 to 2022, the average 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 Haiti ($134,241 per ton), while the average price for exports to Tunisia ($8,611 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 Sri Lanka (+282.7%), 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 Indonesia

Imports of buttons; of base metal, not covered with textile materials into Indonesia contracted modestly to 823 tons in 2022, reducing by -3.2% on 2021 figures. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 36% against the previous year.

In value terms, imports of buttons; of base metal, not covered with textile materials amounted to $14M in 2022. Over the period under review, imports saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.83.56.15.90.6%
Hong Kong SAR6.24.34.44.6-9.5%
South Korea3.01.72.32.4-7.2%
Japan0.30.40.30.518.6%
Taiwan (Chinese)0.50.50.50.4-7.2%
Vietnam0.10.10.30.226.0%
Others0.20.10.20.314.5%
Total16.110.614.014.4-3.7%

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

  1. China (528.8 tons)
  2. Hong Kong SAR (129.4 tons)
  3. South Korea (93.1 tons)
  4. Taiwan (Chinese) (32.1 tons)
  5. Vietnam (18.7 tons)
  6. Japan (15.5 tons)

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

In 2022, shipments abroad of buttons; of base metal, not covered with textile materials increased by 542% to 3.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a perceptible slump.

In value terms, exports of buttons; of base metal, not covered with textile materials soared to $102K in 2022. In general, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam32.631.60.256.019.8%
Singapore0.20.610.823.1387.0%
HaitiN/AN/AN/A7.80%
TunisiaN/AN/AN/A6.80%
China13.214.10.82.8-40.4%
Hong Kong SAR22.50.1N/A1.3-61.3%
South Korea8.37.50.10.4-63.6%
IndiaN/AN/A6.0N/A0%
Others6.63.81.33.6-18.3%
Total83.457.719.31026.9%

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

  1. Vietnam (2163.0 kg)
  2. Tunisia (785.0 kg)
  3. Singapore (408.0 kg)
  4. Hong Kong SAR (125.0 kg)
  5. Haiti (58.0 kg)
  6. South Korea (34.0 kg)
  7. China (32.0 kg)

Source: IndexBox Market Intelligence Platform

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