Price for Buttons; of Base Metal, Not Covered with Textile Material in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $11,690 per ton, falling by -2.4% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 decreased by -9.6% against 2020 indices. The growth pace was the most rapid in 2020 when the average import price increased by 96%. As a result, import price reached the peak level of $12,932 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($22,135 per ton), while the price for India ($3,141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced a decline.

Price for Buttons; of Base Metal, Not Covered with Textile Material in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $12,755 per ton, picking up by 30% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2020 when the average export price increased by 105%. Over the period under review, the average export prices hit record highs at $35,228 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($111,520 per ton), while the average price for exports to Rwanda ($715 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 Oman (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Buttons; of Base Metal, Not Covered with Textile Material in the United Arab Emirates

In 2022, the amount of buttons; of base metal, not covered with textile materials imported into the United Arab Emirates reduced to 187 tons, dropping by -11% against 2021. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 171% against the previous year.

In value terms, imports of buttons; of base metal, not covered with textile materials shrank to $2.2M in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. As a result, imports reached the peak of $2.5M, and then dropped in the following year.

Import of Buttons; of Base Metal, Not Covered with Textile Material in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0836462,1141,75517.5%
Hong Kong SAR292186285259-3.9%
India3.21.00.714.665.9%
Others175169116156-3.8%
Total1,5531,0022,5162,18512.1%

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

  1. China (168.6 tons)
  2. Hong Kong SAR (11.7 tons)
  3. India (4.7 tons)

Exports of Buttons; of Base Metal, Not Covered with Textile Material in the United Arab Emirates

In 2022, the amount of buttons; of base metal, not covered with textile materials exported from the United Arab Emirates reduced remarkably to 5.3 tons, waning by -18.8% against the previous year's figure. In general, exports showed a dramatic contraction.

In value terms, exports of buttons; of base metal, not covered with textile materials expanded remarkably to $68K in 2022. Overall, exports showed a significant decrease.

Export of Buttons; of Base Metal, Not Covered with Textile Material in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A25.50%
Pakistan23654.115.019.1-56.7%
Oman6.82.022.516.935.5%
Rwanda2.00.30.22.46.3%
Sri Lanka0.10.30.10.8100.0%
ZimbabweN/AN/AN/A0.30%
Italy13.61.8N/AN/A-86.8%
India7.88.510.2N/A14.4%
Iran44.38.812.0N/A-48.0%
MadagascarN/A3.6N/AN/A0%
Others2.12194.12.78.7%
Total31229864.167.7-39.9%

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

  1. Rwanda (3314.0 kg)
  2. Oman (605.0 kg)
  3. Pakistan (604.0 kg)
  4. Zimbabwe (282.0 kg)
  5. Hong Kong SAR (229.0 kg)
  6. Sri Lanka (101.0 kg)

Source: IndexBox Market Intelligence Platform

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