Price for Buttons; of Base Metal, Not Covered with Textile Material in Myanmar - 2023
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Myanmar (CIF) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Myanmar
Price for Buttons; of Base Metal, Not Covered with Textile Material in Myanmar (CIF) - 2022
The average import price for buttons; of base metal, not covered with textile materials stood at $10,335 per ton in 2022, rising by 2.5% against the previous year. In general, the import price, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 9.4% against the previous year. The import price peaked at $45,011 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($36,672 per ton), while the price for Vietnam ($5,909 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-2.2%), while the prices for the other major suppliers experienced a decline.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in Myanmar
In 2022, approx. 109 tons of buttons; of base metal, not covered with textile materials were imported into Myanmar; waning by -85.6% compared with the year before. In general, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 302%. As a result, imports reached the peak of 754 tons, and then reduced rapidly in the following year.
In value terms, imports of buttons; of base metal, not covered with textile materials contracted significantly to $1.1M in 2022. Overall, imports recorded a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 170% against the previous year. As a result, imports reached the peak of $7.6M, and then reduced sharply in the following year.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,077 | 1,586 | 4,418 | 913 | -33.3% |
| Thailand | 135 | 97.0 | 1,684 | 158 | 5.4% |
| Vietnam | 22.5 | 2.9 | 46.1 | 25.4 | 4.1% |
| Japan | 520 | 294 | 928 | 11.9 | -71.6% |
| South Korea | 503 | 749 | 438 | 9.3 | -73.6% |
| Others | 58.7 | 83.1 | 83.2 | 4.5 | -57.5% |
| Total | 4,315 | 2,812 | 7,598 | 1,123 | -36.2% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Myanmar in 2022:
- China (93.8 tons)
- Thailand (9.2 tons)
- Vietnam (4.3 tons)
- Japan (0.8 tons)
- South Korea (0.3 tons)
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