Price for Buttons; of Base Metal, Not Covered with Textile Material in Spain - 2023

Contents:

1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Spain (CIF) - 2023
2. Price for Buttons; of Base Metal, Not Covered with Textile Material in Spain (FOB) - 2022
3. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Spain
4. Exports of Buttons; of Base Metal, Not Covered with Textile Material in Spain

Price for Buttons; of Base Metal, Not Covered with Textile Material in Spain (CIF) - 2023

In August 2023, the average import price for buttons; of base metal, not covered with textile materials amounted to $36,511 per ton, with an increase of 45% against the previous month. Overall, the import price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 97% month-to-month. Over the period under review, average import prices attained the peak figure at $55,568 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($128K per ton), while the price for China ($22,574 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $28,901 per ton, surging by 14% against the previous year. Overall, the export price recorded a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of 93%. Over the period under review, the average export prices hit record highs at $30,041 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($71,859 per ton), while the average price for exports to Morocco ($18,851 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 Italy (+13.6%), 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 Spain

In 2022, supplies from abroad of buttons; of base metal, not covered with textile materials decreased by -10% to 289 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. As a result, imports reached the peak of 321 tons, and then declined in the following year.

In value terms, imports of buttons; of base metal, not covered with textile materials contracted significantly to $9.5M in 2022. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, imports attained the peak of $13M, and then dropped dramatically in the following year.

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

1. Italy (103.9 tons)
2. Turkey (89.2 tons)
3. China (74.6 tons)
4. Portugal (14.4 tons)

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

In 2022, the amount of buttons; of base metal, not covered with textile materials exported from Spain rose rapidly to 87 tons, picking up by 12% against 2021. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year.

In value terms, exports of buttons; of base metal, not covered with textile materials surged to $2.5M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern.

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

1. Morocco (61.3 tons)
2. Turkey (8.5 tons)
3. Portugal (6.6 tons)
4. Italy (3.6 tons)
5. United Kingdom (1.9 tons)

Source: IndexBox Market Intelligence Platform