Price for Buttons; of Plastics, Not Covered with Textile Material in Indonesia - 2022
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Indonesia (CIF) - 2022
- Price for Buttons; of Plastics, Not Covered with Textile Material in Indonesia (FOB) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Indonesia
- Exports of Buttons; of Plastics, Not Covered with Textile Material in Indonesia
Price for Buttons; of Plastics, Not Covered with Textile Material in Indonesia (CIF) - 2022
In March 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $21,236 per ton, growing by 75% against the previous month. Over the period under review, import price indicated a notable expansion from March 2021 to March 2022: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for buttons; of plastics, not covered with textile materials increased by +75.1% against February 2022 indices. Over the period under review, average import prices attained the maximum at $23,884 per ton in June 2021; however, from July 2021 to March 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($49,127 per ton), while the price for China ($11,673 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.8%), 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 Indonesia (FOB) - 2022
The average export price for buttons; of plastics, not covered with textile materials stood at $21,899 per ton in 2022, rising by 12% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for buttons; of plastics, not covered with textile materials decreased by -21.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 104%. As a result, the export price attained the peak level of $27,854 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($72,232 per ton), while the average price for exports to South Korea ($15,464 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 Ethiopia (+40.4%), 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 Indonesia
In 2022, approx. 1.6K tons of buttons; of plastics, not covered with textile materials were imported into Indonesia; jumping by 30% against the previous year. Over the period under review, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2020 indices. As a result, imports reached 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 $24M in 2022. Overall, imports, however, recorded a slight decline. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 9.3 | 5.3 | 6.6 | 8.7 | -2.2% |
| China | 5.9 | 3.7 | 5.8 | 7.0 | 5.9% |
| South Korea | 4.2 | 2.8 | 3.2 | 3.8 | -3.3% |
| Japan | 3.1 | 1.9 | 2.1 | 2.1 | -12.2% |
| Taiwan (Chinese) | 1.1 | 0.7 | 1.0 | 1.0 | -3.1% |
| Vietnam | 0.9 | 0.7 | 0.4 | 0.3 | -30.7% |
| Others | 1.4 | 0.9 | 0.9 | 1.4 | 0.0% |
| Total | 25.8 | 15.9 | 19.9 | 24.5 | -1.7% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Indonesia in 2022:
- China (1019.9 tons)
- Hong Kong SAR (221.1 tons)
- South Korea (213.5 tons)
- Japan (82.6 tons)
- Taiwan (Chinese) (42.8 tons)
- Vietnam (12.3 tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in Indonesia
In 2022, approx. 9.8 tons of buttons; of plastics, not covered with textile materials were exported from Indonesia; with an increase of 92% on the previous year's figure. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 223%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of buttons; of plastics, not covered with textile materials surged to $215K in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 142% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Buttons; of Plastics, Not Covered with Textile Material in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 93.8 | 0% |
| South Korea | 5.6 | 5.7 | 45.6 | 79.5 | 142.1% |
| Vietnam | 3.2 | 6.5 | 42.6 | 19.9 | 83.9% |
| Sweden | N/A | N/A | N/A | 11.8 | 0% |
| Japan | 1.0 | 1.2 | 0.3 | 7.4 | 94.9% |
| Singapore | 3.5 | 0.4 | 2.2 | 0.5 | -47.7% |
| Ethiopia | 1.3 | 23.1 | N/A | N/A | 1676.9% |
| Myanmar | 15.3 | N/A | N/A | N/A | 0% |
| Others | 5.9 | 4.5 | 9.6 | 2.2 | -28.0% |
| Total | 35.7 | 41.5 | 100 | 215 | 81.9% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Indonesia in 2022:
- South Korea (5.1 tons)
- Netherlands (3.1 tons)
- Vietnam (0.9 tons)
- Japan (0.4 tons)
- Sweden (0.2 tons)
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