Price for Buttons; of Base Metal, Not Covered with Textile Material in Serbia - 2024

Contents:

1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Serbia (CIF) - 2022
2. Price for Buttons; of Base Metal, Not Covered with Textile Material in Serbia (FOB) - 2022
3. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Serbia
4. Exports of Buttons; of Base Metal, Not Covered with Textile Material in Serbia

Price for Buttons; of Base Metal, Not Covered with Textile Material in Serbia (CIF) - 2022

The average import price for buttons; of base metal, not covered with textile materials stood at $15,357 per ton in 2022, falling by -1.9% against the previous year. In general, the import price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2018 an increase of 44%. The import price peaked at $16,347 per ton in 2020; however, from 2021 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 Germany ($126,694 per ton), while the price for Turkey ($6,173 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+18.4%), 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 Serbia (FOB) - 2022

The average export price for buttons; of base metal, not covered with textile materials stood at $18,952 per ton in 2022, rising by 3.6% against the previous year. In general, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 198%. The export price peaked at $106,720 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Germany ($77,529 per ton), while the average price for exports to Turkey ($10,972 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 North Macedonia (+26.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Buttons; of Base Metal, Not Covered with Textile Material in Serbia

In 2022, the amount of buttons; of base metal, not covered with textile materials imported into Serbia expanded markedly to 51 tons, growing by 8% compared with the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.0% 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 +54.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of buttons; of base metal, not covered with textile materials rose notably to $781K in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Turkey (41.4 tons)
2. Italy (3.4 tons)
3. China (2.7 tons)
4. Austria (1.1 tons)
5. Germany (1.0 tons)
6. Bulgaria (0.8 tons)

Exports of Buttons; of Base Metal, Not Covered with Textile Material in Serbia

In 2022, approx. 766 kg of buttons; of base metal, not covered with textile materials were exported from Serbia; declining by -14.3% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 289%.

In value terms, exports of buttons; of base metal, not covered with textile materials reduced to $15K in 2022. Overall, exports faced a deep setback. The growth pace was the most rapid in 2021 when exports increased by 165% against the previous year.

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

1. Turkey (603.0 kg)
2. Italy (97.0 kg)
3. Germany (34.0 kg)
4. France (25.0 kg)

Source: IndexBox Market Intelligence Platform