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

Contents:

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

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

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $16,765 per ton, rising by 5.4% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The export price peaked at $26,374 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($27,765 per ton), while the average price for exports to Iran ($1,642 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 Uzbekistan (+3.8%), 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 Turkey (CIF) - 2022

The average import price for buttons; of base metal, not covered with textile materials stood at $37,948 per ton in 2022, picking up by 6.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 39%. The import price peaked at $40,325 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($95,167 per ton), while the price for China ($23,582 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 1.1K tons of buttons; of base metal, not covered with textile materials were exported from Turkey; falling by -9% compared with 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 68%. As a result, the exports attained the peak of 1.2K tons, and then reduced in the following year.

In value terms, exports of buttons; of base metal, not covered with textile materials shrank slightly to $18M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year. As a result, the exports attained the peak of $18M, and then dropped in the following year.

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

1. Iran (255.0 tons)
2. Spain (131.0 tons)
3. Egypt (123.5 tons)
4. Bangladesh (90.7 tons)
5. Pakistan (52.0 tons)
6. Morocco (50.0 tons)
7. Tunisia (45.6 tons)
8. India (34.6 tons)
9. Poland (32.2 tons)
10. Uzbekistan (30.0 tons)
11. Algeria (24.6 tons)
12. Serbia (22.0 tons)
13. Russia (12.3 tons)

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

In 2022, imports of buttons; of base metal, not covered with textile materials into Turkey reached 153 tons, increasing by 5.7% on the previous year's figure. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of buttons; of base metal, not covered with textile materials rose rapidly to $5.8M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

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

1. China (113.0 tons)
2. Italy (17.8 tons)
3. Germany (9.2 tons)
4. Spain (4.4 tons)
5. Hong Kong SAR (3.5 tons)

Source: IndexBox Market Intelligence Platform