Price for Buttons; of Plastics, Not Covered with Textile Material in Myanmar - 2022
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Myanmar (CIF) - 2022
- Price for Buttons; of Plastics, Not Covered with Textile Material in Myanmar (FOB) - 2022
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Myanmar
- Exports of Buttons; of Plastics, Not Covered with Textile Material in Myanmar
Price for Buttons; of Plastics, Not Covered with Textile Material in Myanmar (CIF) - 2022
The average import price for buttons; of plastics, not covered with textile materials stood at $607 per ton in 2022, with a decrease of -18.9% against the previous year. Over the period under review, the import price showed a significant contraction. The pace of growth appeared the most rapid in 2018 an increase of 4.2% against the previous year. The import price peaked at $48,937 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($2,113 per ton), while the price for Taiwan (Chinese) ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-27.0%), while the prices for the other major suppliers experienced a decline.
Price for Buttons; of Plastics, Not Covered with Textile Material in Myanmar (FOB) - 2022
In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $12,754 per ton, rising by 9.9% against the previous year. In general, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 214%. As a result, the export price reached the peak level of $48,136 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
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 China ($13,213 per ton), while the average price for exports to South Korea totaled $2,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Buttons; of Plastics, Not Covered with Textile Material in Myanmar
In 2022, approx. 32K tons of buttons; of plastics, not covered with textile materials were imported into Myanmar; picking up by 103% compared with 2021. Overall, imports saw buoyant growth. 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 skyrocketed to $20M in 2022. Over the period under review, imports, however, saw a abrupt downturn.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.0 | 10.3 | 6.9 | 12.7 | -12.6% |
| Thailand | 1.5 | 0.3 | 1.7 | 2.8 | 23.1% |
| Japan | 5.3 | 2.7 | 1.8 | 2.6 | -21.1% |
| South Korea | 4.6 | 1.5 | 1.1 | 1.1 | -37.9% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Others | 0.7 | 0.3 | 0.3 | 0.3 | -24.6% |
| Total | 31.4 | 15.2 | 11.9 | 19.6 | -14.5% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Myanmar in 2022:
- China (26.7K tons)
- Japan (1.9K tons)
- South Korea (1.6K tons)
- Thailand (1.3K tons)
- Taiwan (Chinese) (0.5K tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in Myanmar
In 2022, shipments abroad of buttons; of plastics, not covered with textile materials decreased by -95.3% to 171 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,691%.
In value terms, exports of buttons; of plastics, not covered with textile materials shrank notably to $2.2K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 6,409% against the previous year.
| Export of Buttons; of Plastics, Not Covered with Textile Material in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 6.7 | 19.6 | 2.2 | -42.7% |
| South Korea | 0.2 | N/A | N/A | N/A | 0% |
| Vietnam | N/A | 6.3 | 5.8 | N/A | -7.9% |
| Cambodia | N/A | 6.0 | 17.0 | N/A | 183.3% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 0.3 | 19.3 | 42.4 | 2.2 | 94.3% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Myanmar in 2022:
- China (164.0 kg)
- South Korea (7.0 kg)
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