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

Contents:

  1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Kenya (CIF) - 2022
  2. Price for Buttons; of Base Metal, Not Covered with Textile Material in Kenya (FOB) - 2022
  3. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Kenya
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China8293705239715.4%
Hong Kong SAR300189221295-0.6%
United States38.530.737.586.731.1%
South Africa0.138.889.977.3817.8%
Bangladesh7.83.70.762.6100.2%
Swaziland21.138.467.658.240.2%
United Arab EmiratesN/A0.10.844.42007.1%
India67.510.920.52.7-65.8%
Others12.915.023.454.461.6%
Total1,2766979841,6539.0%

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

  1. China (70.4 tons)
  2. Hong Kong SAR (19.8 tons)
  3. South Africa (5.7 tons)
  4. United States (4.2 tons)
  5. Swaziland (4.2 tons)
  6. United Arab Emirates (4.0 tons)
  7. Bangladesh (3.7 tons)
  8. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan0.50.10.21.233.9%
Egypt0.60.10.10.60.0%
Madagascar10.511.610.80.3-69.4%
UgandaN/AN/AN/AN/A0%
Others0.3N/A0.3N/A0.0%
Total12.011.711.52.2-43.2%

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

  1. Uganda (87.0 kg)
  2. Egypt (63.0 kg)
  3. Jordan (33.0 kg)
  4. Madagascar (26.0 kg)

Source: IndexBox Market Intelligence Platform

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