Price for Buttons; of Base Metal, Not Covered with Textile Material in Venezuela - 2022

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $7,452 per ton in 2022, surging by 5.2% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2017 an increase of 88% against the previous year. The import price peaked at $16,906 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Peru ($56,467 per ton), while the price for Taiwan (Chinese) ($816 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+5.2%), 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 Venezuela (FOB) - 2022

The average export price for buttons; of base metal, not covered with textile materials stood at $29,500 per ton in 2022, shrinking by -48.2% against the previous year. Over the period under review, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 122%. As a result, the export price reached the peak level of $97,512 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($33,000 per ton), while the average price for exports to Germany stood at $26,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (-2.8%).

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

For the fourth consecutive year, Venezuela recorded growth in overseas purchases of buttons; of base metal, not covered with textile materials, which increased by 16% to 22 tons in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 420% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of buttons; of base metal, not covered with textile materials soared to $165K in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 445%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.47.253.882.4189.4%
Peru0.50.448.445.5349.8%
Brazil7.48.313.79.48.3%
Japan0.81.02.11.933.4%
Taiwan (Chinese)0.70.71.51.219.7%
Others6.07.215.224.660.1%
Total18.824.7135165106.3%

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

  1. China (18.3 tons)
  2. Taiwan (Chinese) (1.5 tons)
  3. Brazil (0.8 tons)
  4. Peru (0.8 tons)
  5. Japan (0.3 tons)

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

In 2022, approx. 2 kg of buttons; of base metal, not covered with textile materials were exported from Venezuela; remaining relatively unchanged against 2021. In general, exports recorded a precipitous slump. The smallest decline of -33.3% was in 2021.

In value terms, exports of buttons; of base metal, not covered with textile materials declined remarkably to $59 in 2022. Overall, exports continue to indicate a sharp decrease. The smallest decline of -28.1% was in 2020.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic22115911433.0-46.9%
GermanyN/AN/AN/A26.00%
OthersN/AN/AN/AN/A0%
Total22115911459.0-35.6%

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

  1. Dominican Republic (1.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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