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

Contents:

  1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Japan (FOB) - 2023
  2. Price for Buttons; of Base Metal, Not Covered with Textile Material in Japan (CIF) - 2023
  3. Exports of Buttons; of Base Metal, Not Covered with Textile Material in Japan
  4. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Japan

Price for Buttons; of Base Metal, Not Covered with Textile Material in Japan (FOB) - 2023

The average export price for buttons; of base metal, not covered with textile materials stood at $73,468 per ton in July 2023, declining by -23.4% against the previous month. Overall, the export price saw a mild descent. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 25% against the previous month. Over the period under review, the average export prices hit record highs at $95,866 per ton in June 2023, and then dropped significantly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($109K per ton), while the average price for exports to Bangladesh ($42,692 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Buttons; of Base Metal, Not Covered with Textile Material in Japan (CIF) - 2023

In July 2023, the average import price for buttons; of base metal, not covered with textile materials amounted to $104K per ton, shrinking by -8% against the previous month. Over the period under review, the import price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in February 2023 an increase of 396% against the previous month. As a result, import price reached the peak level of $287K per ton. From March 2023 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($444K per ton), while the price for China ($33,939 per ton) was amongst the lowest.

From November 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+12.1%), 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 Japan

Exports of buttons; of base metal, not covered with textile materials from Japan shrank to 108 tons in 2022, which is down by -10.6% on the previous year's figure. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 1.4% against the previous year.

In value terms, exports of buttons; of base metal, not covered with textile materials contracted slightly to $7M in 2022. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1.3%.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.13.23.32.8-11.9%
Hong Kong SAR1.81.82.01.6-3.9%
Vietnam1.70.80.70.9-19.1%
Bangladesh0.20.40.20.426.0%
Indonesia0.40.20.20.40.0%
Cambodia0.40.20.30.3-9.1%
Myanmar0.10.10.10.10.0%
Others0.50.40.40.50.0%
Total9.37.17.27.0-9.0%

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

  1. China (42.1 tons)
  2. Hong Kong SAR (22.2 tons)
  3. Vietnam (13.8 tons)
  4. Indonesia (8.2 tons)
  5. Bangladesh (7.8 tons)
  6. Cambodia (4.8 tons)
  7. Myanmar (2.7 tons)

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

After two years of decline, supplies from abroad of buttons; of base metal, not covered with textile materials increased by 7.5% to 18 tons in 2022. Overall, imports, however, recorded a slight setback.

In value terms, imports of buttons; of base metal, not covered with textile materials skyrocketed to $1.2M in 2022. In general, imports, however, showed a noticeable descent.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy37936047267721.3%
China302268250274-3.2%
United States13660.353.591.7-12.3%
Hong Kong SAR75.151.068.661.4-6.5%
South Korea58.953.940.116.3-34.8%
Philippines12814.6N/AN/A-88.6%
Others21775.597.867.8-32.1%
Total1,2968839831,189-2.8%

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

  1. China (12.8 tons)
  2. Italy (3.0 tons)
  3. Hong Kong SAR (0.9 tons)
  4. United States (0.3 tons)
  5. South Korea (0.2 tons)

Source: IndexBox Market Intelligence Platform

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