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

Contents:

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

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

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $32,354 per ton, declining by -16.3% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for buttons; of base metal, not covered with textile materials increased by +76.8% against 2014 indices. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. As a result, import price reached the peak level of $38,647 per ton, and then fell rapidly in the following year.

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 Estonia ($134,925 per ton), while the price for the United States ($10,599 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+18.9%), 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 Sweden (FOB) - 2022

The average export price for buttons; of base metal, not covered with textile materials stood at $39,007 per ton in 2022, with an increase of 8.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 41% against the previous year. As a result, the export price reached the peak level of $50,319 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($101,857 per ton), while the average price for exports to China ($2,000 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 Myanmar (+15.6%), 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 Sweden

In 2022, imports of buttons; of base metal, not covered with textile materials into Sweden surged to 15 tons, growing by 39% against the previous year's figure. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 +75.7% against 2020 indices. As a result, imports attained 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 skyrocketed to $499K in 2022. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 89%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia19744.9170147-9.3%
China43.582.914311638.7%
United States23.828.618.960.836.7%
Germany17.014.013.847.040.4%
Hong Kong SAR83.934.235.838.6-22.8%
Italy4.21.39.128.388.9%
Netherlands0.10.61.114.5425.4%
Denmark8.88.78.38.4-1.5%
Others6.211.428.337.882.7%
Total3852274284999.0%

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

  1. United States (5.7 tons)
  2. China (2.8 tons)
  3. Hong Kong SAR (1.7 tons)
  4. Italy (1.3 tons)
  5. Estonia (1.1 tons)
  6. Germany (0.8 tons)
  7. Netherlands (0.6 tons)
  8. Denmark (0.3 tons)

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

In 2022, the amount of buttons; of base metal, not covered with textile materials exported from Sweden dropped notably to 6.4 tons, shrinking by -18.8% on the year before. Overall, exports recorded a mild decrease. The growth pace was the most rapid in 2021 with an increase of 67%. As a result, the exports attained the peak of 7.9 tons, and then shrank significantly in the following year.

In value terms, exports of buttons; of base metal, not covered with textile materials reduced to $251K in 2022. Over the period under review, exports showed a slight downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 69%. As a result, the exports reached the peak of $284K, and then reduced in the following year.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia62.840.052.252.2-6.0%
Poland6.13.67.630.771.4%
Latvia65.733.587.427.3-25.4%
Bulgaria8.46.919.125.645.0%
Portugal22.219.127.823.62.1%
Hong Kong SAR4.54.10.316.855.1%
Italy23.319.830.314.3-15.0%
Myanmar0.40.75.512.9218.3%
Czech Republic5.05.28.88.720.3%
Norway10.97.212.47.2-12.9%
Turkey3.50.60.14.37.1%
Denmark11.56.18.23.3-34.0%
Lithuania13.19.74.32.8-40.2%
Others24.811.320.121.4-4.8%
Total262168284251-1.4%

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

  1. Estonia (1277.0 kg)
  2. Latvia (1228.0 kg)
  3. Poland (1012.0 kg)
  4. Portugal (760.0 kg)
  5. Hong Kong SAR (434.0 kg)
  6. Italy (264.0 kg)
  7. Bulgaria (251.0 kg)
  8. Czech Republic (213.0 kg)
  9. Myanmar (198.0 kg)
  10. Denmark (130.0 kg)
  11. Turkey (107.0 kg)
  12. Norway (100.0 kg)
  13. Lithuania (53.0 kg)

Source: IndexBox Market Intelligence Platform

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