Price for Buttons; of Base Metal, Not Covered with Textile Material in Latvia - 2023
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Latvia (CIF) - 2022
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Latvia (FOB) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Latvia
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in Latvia
Price for Buttons; of Base Metal, Not Covered with Textile Material in Latvia (CIF) - 2022
The average import price for buttons; of base metal, not covered with textile materials stood at $36,312 per ton in 2022, waning by -7.7% against the previous year. Over the period under review, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2017 an increase of 38%. The import price peaked at $72,756 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Italy ($78,319 per ton), while the price for Sweden ($24,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.6%), 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 Latvia (FOB) - 2022
In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $26,688 per ton, dropping by -7% against the previous year. Overall, the export price, however, recorded resilient growth. The growth pace was the most rapid in 2014 when the average export price increased by 92% against the previous year. Over the period under review, the average export prices hit record highs at $46,942 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($43,557 per ton), while the average price for exports to the Netherlands ($2,100 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 Vietnam (+42.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in Latvia
For the fourth consecutive year, Latvia recorded growth in purchases abroad of buttons; of base metal, not covered with textile materials, which increased by 35% to 2.6 tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 +64.5% against 2019 indices. As a result, imports attained 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 surged to $94K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +51.5% against 2020 indices. 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 0.3 | 0.2 | 20.9 | 734.7% |
| Finland | 16.6 | 15.3 | 17.5 | 20.5 | 7.3% |
| Sweden | 24.6 | 16.2 | 26.5 | 16.3 | -12.8% |
| Denmark | 9.1 | 20.7 | 8.0 | 13.0 | 12.6% |
| France | 0.5 | 1.1 | N/A | 11.8 | 186.8% |
| Italy | 9.1 | 2.2 | 1.5 | 8.8 | -1.1% |
| China | 3.5 | 0.5 | 14.2 | 0.7 | -41.5% |
| Turkey | 0.8 | 1.0 | 0.9 | N/A | 6.1% |
| Others | 5.1 | 4.7 | 6.5 | 1.9 | -28.0% |
| Total | 69.3 | 62.0 | 75.2 | 93.9 | 10.7% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Latvia in 2022:
- Netherlands (814.0 kg)
- Sweden (673.0 kg)
- Finland (430.0 kg)
- Denmark (342.0 kg)
- France (162.0 kg)
- Italy (113.0 kg)
- China (9.0 kg)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in Latvia
For the fourth year in a row, Latvia recorded growth in overseas shipments of buttons; of base metal, not covered with textile materials, which increased by 137% to 1.3 tons in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of buttons; of base metal, not covered with textile materials soared to $33K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.8 | N/A | 0.7 | 20.9 | 76.5% |
| Ukraine | 0.5 | 2.3 | 10.7 | 5.1 | 116.9% |
| Vietnam | N/A | N/A | N/A | 3.8 | 0% |
| Belarus | 6.4 | 9.3 | 3.2 | 2.9 | -23.2% |
| Lithuania | N/A | 0.8 | N/A | 0.3 | -38.8% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.6 | 0.1 | 0.6 | 0.3 | -20.6% |
| Total | 11.4 | 12.5 | 15.2 | 33.5 | 43.2% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Latvia in 2022:
- Russia (823.0 kg)
- Ukraine (178.0 kg)
- Belarus (105.0 kg)
- Vietnam (88.0 kg)
- Netherlands (30.0 kg)
- Lithuania (19.0 kg)
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