Price for Buttons; of Base Metal, Not Covered with Textile Material in Malaysia - 2024
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Malaysia (CIF) - 2022
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Malaysia (FOB) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Malaysia
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in Malaysia
Price for Buttons; of Base Metal, Not Covered with Textile Material in Malaysia (CIF) - 2022
The average import price for buttons; of base metal, not covered with textile materials stood at $14,796 per ton in 2022, declining by -26.6% against the previous year. Over the period under review, the import price showed a noticeable setback. The pace of growth was the most pronounced in 2021 an increase of 59%. The import price peaked at $22,877 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Hong Kong SAR ($34,556 per ton), while the price for Turkey ($5,807 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.1%), 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 Malaysia (FOB) - 2022
In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $6,637 per ton, falling by -33% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 129% against the previous year. As a result, the export price attained the peak level of $24,416 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($35,116 per ton), while the average price for exports to Myanmar amounted to $5,042 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+19.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in Malaysia
In 2022, after two years of decline, there was significant growth in purchases abroad of buttons; of base metal, not covered with textile materials, when their volume increased by 134% to 19 tons. Over the period under review, imports posted a resilient increase. 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 $276K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.4 | 104 | 136 | 211 | 30.7% |
| Australia | 3.9 | 10.8 | 15.6 | 42.9 | 122.4% |
| Hong Kong SAR | 4.3 | 1.3 | 3.3 | 10.7 | 35.5% |
| Turkey | 1.7 | 2.9 | 1.3 | 3.2 | 23.5% |
| Taiwan (Chinese) | 2.3 | 16.6 | 2.2 | 1.3 | -17.3% |
| Others | 3.2 | 1.3 | 2.8 | 6.3 | 25.3% |
| Total | 110 | 137 | 161 | 276 | 35.9% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Malaysia in 2022:
- China (14.8 tons)
- Australia (2.6 tons)
- Turkey (0.6 tons)
- Hong Kong SAR (0.3 tons)
- Taiwan (Chinese) (0.1 tons)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in Malaysia
Exports of buttons; of base metal, not covered with textile materials from Malaysia surged to 4 tons in 2022, rising by 272% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained 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 skyrocketed to $26K in 2022. Overall, exports enjoyed strong growth. 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 8.7 | 19.6 | 8.6 | 19.1 | 30.0% |
| Singapore | N/A | N/A | N/A | 5.8 | 0% |
| Others | 9.6 | N/A | 2.0 | 1.5 | -46.1% |
| Total | 18.3 | 19.6 | 10.6 | 26.4 | 13.0% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Malaysia in 2022:
- Myanmar (3.8 tons)
- Singapore (0.2 tons)
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