Price for Buttons; of Base Metal, Not Covered with Textile Material in Kenya - 2022
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Kenya (CIF) - 2022
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Kenya (FOB) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Kenya
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in Kenya
Price for Buttons; of Base Metal, Not Covered with Textile Material in Kenya (CIF) - 2022
In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $14,201 per ton, reducing by -34.4% against the previous year. In general, the import price, however, saw a resilient expansion. The growth pace was the most rapid in 2013 an increase of 74%. The import price peaked at $21,644 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($20,854 per ton), while the price for India ($4,759 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+16.7%), 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 Kenya (FOB) - 2022
The average export price for buttons; of base metal, not covered with textile materials stood at $10,638 per ton in 2022, falling by -16.1% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices reached the maximum at $25,018 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($36,364 per ton), while the average price for exports to Uganda ($529 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 Hong Kong SAR (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in Kenya
In 2022, the amount of buttons; of base metal, not covered with textile materials imported into Kenya soared to 116 tons, surging by 156% against the previous year's figure. Overall, imports saw prominent growth. 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 soared to $1.7M in 2022. In general, imports saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Buttons; of Base Metal, Not Covered with Textile Material in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 829 | 370 | 523 | 971 | 5.4% |
Hong Kong SAR | 300 | 189 | 221 | 295 | -0.6% |
United States | 38.5 | 30.7 | 37.5 | 86.7 | 31.1% |
South Africa | 0.1 | 38.8 | 89.9 | 77.3 | 817.8% |
Bangladesh | 7.8 | 3.7 | 0.7 | 62.6 | 100.2% |
Swaziland | 21.1 | 38.4 | 67.6 | 58.2 | 40.2% |
United Arab Emirates | N/A | 0.1 | 0.8 | 44.4 | 2007.1% |
India | 67.5 | 10.9 | 20.5 | 2.7 | -65.8% |
Others | 12.9 | 15.0 | 23.4 | 54.4 | 61.6% |
Total | 1,276 | 697 | 984 | 1,653 | 9.0% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Kenya in 2022:
- China (70.4 tons)
- Hong Kong SAR (19.8 tons)
- South Africa (5.7 tons)
- United States (4.2 tons)
- Swaziland (4.2 tons)
- United Arab Emirates (4.0 tons)
- Bangladesh (3.7 tons)
- India (0.6 tons)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in Kenya
After three years of growth, overseas shipments of buttons; of base metal, not covered with textile materials decreased by -76.8% to 210 kg in 2022. In general, exports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 16%.
In value terms, exports of buttons; of base metal, not covered with textile materials shrank notably to $2.2K in 2022. Over the period under review, exports continue to indicate a sharp downturn. The smallest decline of -2.2% was in 2020.
Export of Buttons; of Base Metal, Not Covered with Textile Material in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jordan | 0.5 | 0.1 | 0.2 | 1.2 | 33.9% |
Egypt | 0.6 | 0.1 | 0.1 | 0.6 | 0.0% |
Madagascar | 10.5 | 11.6 | 10.8 | 0.3 | -69.4% |
Uganda | N/A | N/A | N/A | N/A | 0% |
Others | 0.3 | N/A | 0.3 | N/A | 0.0% |
Total | 12.0 | 11.7 | 11.5 | 2.2 | -43.2% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Kenya in 2022:
- Uganda (87.0 kg)
- Egypt (63.0 kg)
- Jordan (33.0 kg)
- Madagascar (26.0 kg)
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This report provides an in-depth analysis of the market for button blanks and moulds in Kenya.
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