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

Contents:

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

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

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $30,757 per ton, picking up by 46% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 +77.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 49%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($54,505 per ton), while the price for Italy ($8,880 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.9%), 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 the UK (FOB) - 2022

The average export price for buttons; of base metal, not covered with textile materials stood at $100,941 per ton in 2022, with an increase of 12% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for buttons; of base metal, not covered with textile materials increased by +99.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 65%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($142,396 per ton), while the average price for exports to Iraq ($5,298 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 Vietnam (+7.3%), 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 the UK

In 2022, the amount of buttons; of base metal, not covered with textile materials imported into the UK soared to 160 tons, with an increase of 209% against the previous year. Overall, imports continue to indicate a significant increase. As a result, imports reached 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 $4.9M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Buttons; of Base Metal, Not Covered with Textile Material in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France26.73.720.83,085387.1%
China690367396511-9.5%
Hong Kong SAR22810919342923.5%
Italy10295.390.636953.5%
United States23383.8104178-8.6%
Turkey30.739.157.790.143.2%
Germany11578.511588.7-8.3%
Others66.497.611917337.6%
Total1,4938731,0954,92448.9%

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

  1. France (56.6 tons)
  2. Italy (41.6 tons)
  3. China (25.0 tons)
  4. United States (11.5 tons)
  5. Hong Kong SAR (10.6 tons)
  6. Turkey (7.6 tons)
  7. Germany (3.0 tons)

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

In 2022, shipments abroad of buttons; of base metal, not covered with textile materials increased by 23% to 8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a precipitous decrease.

In value terms, exports of buttons; of base metal, not covered with textile materials soared to $804K in 2022. Overall, exports, however, continue to indicate a deep setback.

Export of Buttons; of Base Metal, Not Covered with Textile Material in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France29.721.791.412762.3%
Romania41547781.689.0-40.1%
Tunisia11.76.717.478.988.9%
United States69.329.829.171.31.0%
Germany34.030.322.832.9-1.1%
Italy50.028.560.831.3-14.5%
Turkey19.26.53.124.38.2%
Sweden11.613.38.918.316.4%
Vietnam2.33.311.017.596.7%
Guyana23.6N/AN/A15.6-12.9%
China2.82.511.814.874.2%
Ireland20.212.53.89.2-23.1%
IraqN/AN/AN/A1.60%
Others502195240272-18.5%
Total1,191828582804-12.3%

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

  1. Tunisia (1251.0 kg)
  2. Romania (1091.0 kg)
  3. France (893.0 kg)
  4. United States (672.0 kg)
  5. Germany (460.0 kg)
  6. Italy (358.0 kg)
  7. China (356.0 kg)
  8. Iraq (309.0 kg)
  9. Turkey (244.0 kg)
  10. Vietnam (202.0 kg)
  11. Ireland (202.0 kg)
  12. Guyana (184.0 kg)
  13. Sweden (164.0 kg)

Source: IndexBox Market Intelligence Platform

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