Price for Buttons; of Plastics, Not Covered with Textile Material in Australia - 2023

Contents:

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

Price for Buttons; of Plastics, Not Covered with Textile Material in Australia (CIF) - 2022

The average import price for buttons; of plastics, not covered with textile materials stood at $36,164 per ton in 2022, declining by -8% against the previous year. Over the period under review, the import price, however, showed a resilient expansion. The growth pace was the most rapid in 2017 when the average import price increased by 73%. The import price peaked at $46,319 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($36,243 per ton) and Japan ($36,179 per ton), while the price for Taiwan (Chinese) ($36,087 per ton) and Italy ($36,156 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Buttons; of Plastics, Not Covered with Textile Material in Australia (FOB) - 2022

In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $51,255 per ton, falling by -15.6% against the previous year. Overall, the export price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 57%. The export price peaked at $66,863 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($52,033 per ton) and Poland ($51,909 per ton), while the average price for exports to Fiji ($50,989 per ton) and New Zealand ($51,145 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buttons; of Plastics, Not Covered with Textile Material in Australia

In 2022, overseas purchases of buttons; of plastics, not covered with textile materials were finally on the rise to reach 9.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep reduction.

In value terms, imports of buttons; of plastics, not covered with textile materials rose slightly to $340K in 2022. Overall, imports, however, recorded a deep reduction.

Import of Buttons; of Plastics, Not Covered with Textile Material in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China320261181189-16.1%
Thailand21.148.142.651.935.0%
Italy12.19.64.831.036.8%
Portugal1.7N/AN/A22.1135.1%
PakistanN/AN/A5.111.4123.5%
Japan27.315.812.59.9-28.7%
VietnamN/A10.93.26.1-25.2%
Taiwan (Chinese)25.97.96.25.0-42.2%
Hong Kong SAR20.58.511.32.8-48.5%
New Zealand26.0N/AN/AN/A0%
United States10.61.143.9N/A103.5%
South Africa75.2N/AN/AN/A0%
Others18.23.523.610.8-16.0%
Total559366334340-15.3%

Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Australia in 2022:

  1. China (5220.0 kg)
  2. Thailand (1435.0 kg)
  3. Italy (858.0 kg)
  4. Portugal (610.0 kg)
  5. Pakistan (316.0 kg)
  6. Japan (274.0 kg)
  7. Vietnam (169.0 kg)
  8. Taiwan (Chinese) (138.0 kg)
  9. Hong Kong SAR (78.0 kg)

Exports of Buttons; of Plastics, Not Covered with Textile Material in Australia

After three years of growth, overseas shipments of buttons; of plastics, not covered with textile materials decreased by -69.7% to 905 kg in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 458%. As a result, the exports attained the peak of 3 tons, and then shrank rapidly in the following year.

In value terms, exports of buttons; of plastics, not covered with textile materials declined remarkably to $46K in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 588%. As a result, the exports attained the peak of $182K, and then reduced markedly in the following year.

Export of Buttons; of Plastics, Not Covered with Textile Material in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New ZealandN/A3.018.017.7142.9%
MalaysiaN/A9.312.512.515.9%
JapanN/AN/AN/A7.60%
Fiji19.411.32.64.7-37.7%
PolandN/AN/AN/A1.70%
SingaporeN/AN/AN/A1.60%
SwitzerlandN/AN/A11.1N/A0%
SlovakiaN/AN/A85.6N/A0%
FranceN/AN/A48.7N/A0%
Others10.92.82.90.5-64.2%
Total30.326.418246.415.3%

Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Australia in 2022:

  1. New Zealand (346.0 kg)
  2. Malaysia (245.0 kg)
  3. Japan (149.0 kg)
  4. Fiji (93.0 kg)
  5. Poland (33.0 kg)
  6. Singapore (30.0 kg)

Source: IndexBox Market Intelligence Platform

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