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

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $62,725 per ton in 2022, rising by 14% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buttons; of base metal, not covered with textile materials increased by +85.8% against 2016 indices. The most prominent rate of growth was recorded in 2015 an increase of 99%. As a result, import price attained the peak level of $76,084 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($79,899 per ton), while the price for Free Zones ($36,361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), 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 Iran (FOB) - 2022

The average export price for buttons; of base metal, not covered with textile materials stood at $28,286 per ton in 2022, declining by -19.2% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 45%. As a result, the export price reached the peak level of $57,571 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +20.6% per year.

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

In 2022, imports of buttons; of base metal, not covered with textile materials into Iran was estimated at 35 tons, with an increase of 1.6% compared with 2021. Overall, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

In value terms, imports of buttons; of base metal, not covered with textile materials soared to $2.2M in 2022. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,8041,1681,4881,582-4.3%
Turkey40.071.5138368109.5%
Free Zones50.474.216115244.5%
Taiwan (Chinese)85.31111121067.5%
Others1079.111.98.9-56.3%
Total2,0861,4341,9112,2172.1%

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

  1. China (19.8 tons)
  2. Turkey (8.5 tons)
  3. Free Zones (4.2 tons)
  4. Taiwan (Chinese) (2.7 tons)

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

In 2022, overseas shipments of buttons; of base metal, not covered with textile materials increased by 250% to 7 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp shrinkage.

In value terms, exports of buttons; of base metal, not covered with textile materials skyrocketed to $198 in 2022. Overall, exports, however, saw a significant decrease.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/AN/A1980%
Austria26.0N/AN/AN/A0%
AzerbaijanN/AN/A70.0N/A0%
Lebanon661N/AN/AN/A0%
United Arab EmiratesN/A7.0N/AN/A0%
Iraq402531N/AN/A32.1%
CanadaN/A28.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,08956670.0198-43.3%

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

  1. Sweden (7.0 kg)

Source: IndexBox Market Intelligence Platform

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