Price for Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka - 2022
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka (CIF) - 2022
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka (FOB) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka
Price for Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka (CIF) - 2022
The average import price for buttons; of base metal, not covered with textile materials stood at $20,523 per ton in 2022, increasing by 7.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 25%. As a result, import price attained the peak level of $28,159 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($64,125 per ton), while the price for China ($15,183 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka (FOB) - 2022
The average export price for buttons; of base metal, not covered with textile materials stood at $20,430 per ton in 2022, picking up by 106% against the previous year. Over the period under review, the export price recorded slight growth. Over the period under review, the average export prices hit record highs at $26,676 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($36,882 per ton), while the average price for exports to Kenya ($6,080 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 Kenya (+42.4%), 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 Sri Lanka
In 2022, approx. 376 tons of buttons; of base metal, not covered with textile materials were imported into Sri Lanka; reducing by -11% on the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 423 tons, and then dropped in the following year.
In value terms, imports of buttons; of base metal, not covered with textile materials shrank to $7.7M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $8.1M, and then shrank in the following year.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 5.6 | 4.7 | 6.7 | 5.9 | 1.8% |
| China | 0.7 | 0.6 | 1.1 | 1.6 | 31.7% |
| Others | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Total | 6.7 | 5.7 | 8.1 | 7.7 | 4.7% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Sri Lanka in 2022:
- Hong Kong SAR (268.4 tons)
- China (102.7 tons)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka
In 2022, the amount of buttons; of base metal, not covered with textile materials exported from Sri Lanka dropped dramatically to 2.6 tons, reducing by -72.8% compared with the previous year. In general, exports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 1,472% against the previous year. As a result, the exports attained the peak of 9.6 tons, and then contracted notably in the following year.
In value terms, exports of buttons; of base metal, not covered with textile materials reduced sharply to $53K in 2022. Over the period under review, exports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of 484%. As a result, the exports attained the peak of $95K, and then shrank sharply in the following year.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 40.9 | 14.9 | 64.7 | 49.0 | 6.2% |
| Kenya | N/A | N/A | 21.5 | 0.9 | -95.8% |
| Indonesia | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Myanmar | 0.2 | N/A | 3.1 | N/A | 293.7% |
| Others | 9.3 | 1.3 | 5.4 | 2.5 | -35.5% |
| Total | 50.4 | 16.2 | 94.7 | 53.2 | 1.8% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Sri Lanka in 2022:
- India (2347.0 kg)
- Kenya (150.0 kg)
- Indonesia (41.0 kg)
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