Price for Buttons; of Plastics, Not Covered with Textile Material in Colombia - 2022

Contents:

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

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

In February 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $5,015 per ton, waning by -6.2% against the previous month. In general, import price indicated perceptible growth from February 2021 to February 2022: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for buttons; of plastics, not covered with textile materials increased by +16.1% against December 2021 indices. The growth pace was the most rapid in May 2021 an increase of 39% month-to-month. As a result, import price reached the peak level of $6,713 per ton. From June 2021 to February 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From February 2021 to February 2022, the rate of growth in terms of prices for China amounted to +2.9% per month.

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

The average export price for buttons; of plastics, not covered with textile materials stood at $23,688 per ton in 2022, surging by 8.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 9.2% against the previous year. The export price peaked at $26,396 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($43,321 per ton), while the average price for exports to Mexico ($5,322 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 Ecuador (+6.5%), 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 Colombia

Imports of buttons; of plastics, not covered with textile materials into Colombia surged to 181 tons in 2022, picking up by 73% compared with the previous year. Over the period under review, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of buttons; of plastics, not covered with textile materials soared to $916K in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Buttons; of Plastics, Not Covered with Textile Material in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China815421686795-0.8%
Others83.528.445.912113.2%
Total8984507329160.7%

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

  1. China (178.2 tons)

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

In 2022, approx. 27 tons of buttons; of plastics, not covered with textile materials were exported from Colombia; jumping by 26% on 2021 figures. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year.

In value terms, exports of buttons; of plastics, not covered with textile materials surged to $638K in 2022. Overall, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 39%.

Export of Buttons; of Plastics, Not Covered with Textile Material in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru15811521027119.7%
Dominican Republic10915.542.91213.5%
Ecuador14754.466.174.9-20.1%
Costa Rica35.920.722.641.75.1%
Argentina99.459.757.938.3-27.2%
Mexico11725.731.426.3-39.2%
Panama30.35.22.510.9-28.9%
Others74.938.634.453.9-10.4%
Total772335468638-6.2%

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

  1. Peru (8.8 tons)
  2. Dominican Republic (5.4 tons)
  3. Mexico (4.9 tons)
  4. Argentina (2.6 tons)
  5. Ecuador (1.7 tons)
  6. Costa Rica (1.6 tons)
  7. Panama (0.5 tons)

Source: IndexBox Market Intelligence Platform

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