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

Contents:

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

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

In 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $17,129 per ton, surging by 3.6% against the previous year. In general, the import price saw a mild expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 58%. The import price peaked at $25,741 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($29,230 per ton), while the price for the United States ($7,720 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.3%), 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 Panama (FOB) - 2022

In 2022, the average export price for buttons; of plastics, not covered with textile materials amounted to $49,771 per ton, approximately equating the previous year. Overall, the export price posted a temperate increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75%. Over the period under review, the average export prices hit record highs at $75,993 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +52.2% per year.

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

After two years of decline, supplies from abroad of buttons; of plastics, not covered with textile materials increased by 284% to 1.3 tons in 2022. In general, imports, however, showed a precipitous decline.

In value terms, imports of buttons; of plastics, not covered with textile materials soared to $23K in 2022. Over the period under review, imports, however, continue to indicate a dramatic decrease.

Import of Buttons; of Plastics, Not Covered with Textile Material in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia12.318.53.016.911.2%
China2.415.60.33.412.3%
Free Zones12.91.30.12.0-46.3%
United StatesN/A0.70.20.86.9%
Hong Kong SAR12.60.2N/AN/A-98.4%
Germany2.6N/AN/AN/A0%
Taiwan (Chinese)81.5N/AN/AN/A0%
Brazil11.82.22.2N/A-56.8%
Others0.4N/AN/AN/A0%
Total13638.65.823.0-44.7%

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

  1. Colombia (578.0 kg)
  2. China (434.0 kg)
  3. Free Zones (233.0 kg)
  4. United States (100.0 kg)

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

For the third consecutive year, Panama recorded decline in overseas shipments of buttons; of plastics, not covered with textile materials, which decreased by 0% to 105 kg in 2022. Overall, exports faced a significant contraction. The smallest decline of -42.5% was in 2020.

In value terms, exports of buttons; of plastics, not covered with textile materials stood at $5.2K in 2022. In general, exports showed a dramatic descent. The smallest decline of -57.5% was in 2020.

Export of Buttons; of Plastics, Not Covered with Textile Material in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras13.91.1N/A2.4-44.3%
Dominican RepublicN/A1.8N/AN/A0%
HaitiN/A3.7N/AN/A0%
Colombia2.2N/AN/AN/A0%
JamaicaN/A2.2N/AN/A0%
Others8.51.6N/A2.9-30.1%
Total24.610.5N/A5.2-40.4%

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

  1. Honduras (50.0 kg)

Source: IndexBox Market Intelligence Platform

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