Price for Buttons; of Base Metal, Not Covered with Textile Material in Kuwait - 2022
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Kuwait (CIF) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Kuwait
Price for Buttons; of Base Metal, Not Covered with Textile Material in Kuwait (CIF) - 2022
In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $13,868 per ton, picking up by 24% against the previous year. Over the period under review, the import price showed a prominent increase. The growth pace was the most rapid in 2016 an increase of 82% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 the Czech Republic ($46,239 per ton), while the price for the United Arab Emirates ($1,497 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in Kuwait
Imports of buttons; of base metal, not covered with textile materials into Kuwait dropped dramatically to 10 tons in 2022, with a decrease of -27.7% against the previous year. In general, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. As a result, imports reached the peak of 14 tons, and then fell rapidly in the following year.
In value terms, imports of buttons; of base metal, not covered with textile materials reduced to $144K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 157%. As a result, imports reached the peak of $161K, and then contracted in the following year.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.5 | 25.5 | 69.4 | 73.9 | 21.2% |
| Japan | 6.0 | 8.9 | 25.2 | 23.2 | 57.0% |
| Czech Republic | 6.8 | 8.7 | 21.0 | 16.5 | 34.4% |
| Portugal | 1.2 | 1.7 | 5.0 | 4.6 | 56.5% |
| Turkey | 1.5 | 1.8 | 6.2 | 1.6 | 2.2% |
| United Arab Emirates | 0.2 | 0.7 | 1.4 | 0.9 | 65.1% |
| Taiwan (Chinese) | 0.4 | 0.4 | 0.9 | 0.7 | 20.5% |
| Others | 10.2 | 14.9 | 31.5 | 22.3 | 29.8% |
| Total | 67.8 | 62.6 | 161 | 144 | 28.5% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Kuwait in 2022:
- China (6.2 tons)
- Japan (1.9 tons)
- United Arab Emirates (0.6 tons)
- Portugal (0.5 tons)
- Taiwan (Chinese) (0.4 tons)
- Czech Republic (0.4 tons)
- Turkey (0.1 tons)
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