Price for Buttons; of Base Metal, Not Covered with Textile Material in Italy - 2023
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Italy (FOB) - 2023
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Italy (CIF) - 2022
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in Italy
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Italy
Price for Buttons; of Base Metal, Not Covered with Textile Material in Italy (FOB) - 2023
The average export price for buttons; of base metal, not covered with textile materials stood at $63,307 per ton in August 2023, dropping by -24.6% against the previous month. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 48% m-o-m. The export price peaked at $101K per ton in December 2022; however, from January 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($163K per ton), while the average price for exports to Serbia ($48,003 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 Spain (+12.9%), 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 Italy (CIF) - 2022
In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $64,069 per ton, which is down by -11% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 +67.8% against 2014 indices. The growth pace was the most rapid in 2017 when the average import price increased by 28% against the previous year. The import price peaked at $71,987 per ton in 2021, and then shrank in the following year.
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 ($179,662 per ton), while the price for the United States ($10,034 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), 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 Italy
In 2022, approx. 661 tons of buttons; of base metal, not covered with textile materials were exported from Italy; declining by -18.5% on the previous year. Overall, total exports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 53%. As a result, the exports reached the peak of 811 tons, and then declined remarkably in the following year.
In value terms, exports of buttons; of base metal, not covered with textile materials contracted to $39M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, the exports reached the peak of $44M, and then declined in the following year.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.8 | 7.2 | 10.2 | 11.8 | 20.2% |
| Spain | 6.2 | 8.0 | 15.0 | 8.7 | 12.0% |
| Romania | 3.2 | 3.2 | 3.2 | 3.9 | 6.8% |
| Germany | 2.8 | 2.4 | 3.1 | 2.3 | -6.3% |
| Pakistan | 0.9 | 0.7 | 0.9 | 1.2 | 10.1% |
| Tunisia | 1.0 | 0.7 | 1.1 | 1.2 | 6.3% |
| Turkey | 1.0 | 0.7 | 1.1 | 1.1 | 3.2% |
| Poland | 0.9 | 0.7 | 0.9 | 0.9 | 0.0% |
| Portugal | 0.7 | 0.5 | 0.7 | 0.8 | 4.6% |
| Bulgaria | 0.5 | 1.2 | 1.4 | 0.7 | 11.9% |
| Others | 7.1 | 5.0 | 6.2 | 6.9 | -0.9% |
| Total | 31.0 | 30.4 | 43.8 | 39.5 | 8.4% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Italy in 2022:
- Spain (213.2 tons)
- France (145.2 tons)
- Romania (80.6 tons)
- Germany (44.8 tons)
- Pakistan (36.7 tons)
- Poland (20.1 tons)
- Tunisia (18.5 tons)
- Turkey (15.8 tons)
- Bulgaria (10.8 tons)
- Portugal (10.5 tons)
Imports of Buttons; of Base Metal, Not Covered with Textile Material in Italy
In 2022, imports of buttons; of base metal, not covered with textile materials into Italy surged to 149 tons, increasing by 28% compared with the previous year's figure. Overall, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of buttons; of base metal, not covered with textile materials reached $9.5M in 2022. Over the period under review, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.7% 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 +64.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 3.8 | 5.6 | 5.8 | -3.2% |
| France | 0.2 | 0.2 | 0.4 | 1.4 | 91.3% |
| Turkey | 0.3 | 0.3 | 0.4 | 0.7 | 32.6% |
| Hong Kong SAR | 0.7 | 0.5 | 0.8 | 0.7 | 0.0% |
| Germany | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| United States | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 0.6 | 0.5 | 0.6 | 0.4 | -12.6% |
| Total | 9.1 | 5.8 | 8.4 | 9.5 | 1.4% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Italy in 2022:
- China (83.7 tons)
- Turkey (18.6 tons)
- France (15.8 tons)
- United States (10.2 tons)
- Germany (9.3 tons)
- Hong Kong SAR (4.2 tons)
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