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

Contents:

1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Thailand (FOB) - 2022
2. Price for Buttons; of Base Metal, Not Covered with Textile Material in Thailand (CIF) - 2024
3. Exports of Buttons; of Base Metal, Not Covered with Textile Material in Thailand
4. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Thailand

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

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $165,403 per ton, which is down by -28.9% against the previous year. Overall, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 an increase of 268% against the previous year. The export price peaked at $232,628 per ton in 2021, and then declined sharply in the following year.

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 France ($214,753 per ton), while the average price for exports to Myanmar ($32,144 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 (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Buttons; of Base Metal, Not Covered with Textile Material in Thailand (CIF) - 2024

In September 2023, the average import price for buttons; of base metal, not covered with textile materials amounted to $31,895 per ton, which is down by -28.4% against the previous month. In general, the import price showed a mild contraction. The most prominent rate of growth was recorded in May 2023 an increase of 92% m-o-m. As a result, import price attained the peak level of $78,798 per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($98,184 per ton), while the price for China ($15,693 per ton) was amongst the lowest.

From February 2023 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+25.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, exports of buttons; of base metal, not covered with textile materials from Thailand declined slightly to 35 tons, shrinking by -1.6% against 2021 figures. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. As a result, the exports reached the peak of 36 tons, and then shrank slightly in the following year.

In value terms, exports of buttons; of base metal, not covered with textile materials declined remarkably to $5.8M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 240% against the previous year.

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

1. France (23.8 tons)
2. Cambodia (5.3 tons)
3. Myanmar (2.7 tons)
4. United States (1.0 tons)
5. Bangladesh (0.5 tons)
6. Lao People's Democratic Republic (0.1 tons)

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

In 2022, supplies from abroad of buttons; of base metal, not covered with textile materials was finally on the rise to reach 60 tons after two years of decline. Over the period under review, imports, however, recorded a deep contraction.

In value terms, imports of buttons; of base metal, not covered with textile materials fell to $1.7M in 2022. Overall, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 8.8% against the previous year.

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

1. China (35.3 tons)
2. Japan (10.9 tons)
3. Hong Kong SAR (3.3 tons)
4. United States (2.9 tons)
5. Italy (2.4 tons)
6. Vietnam (2.2 tons)
7. Germany (1.5 tons)
8. Taiwan (Chinese) (1.2 tons)

Source: IndexBox Market Intelligence Platform