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

Contents:

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

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

The average export price for buttons; of plastics, not covered with textile materials stood at $45,598 per ton in 2022, with a decrease of -9.3% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 increased by +79.7% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 33%. Over the period under review, the average export prices reached the peak figure at $50,252 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($74,120 per ton), while the average price for exports to Portugal ($26,902 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 Morocco (+4.9%), while the prices for the other major destinations experienced a decline.

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

The average import price for buttons; of plastics, not covered with textile materials stood at $19,061 per ton in 2022, which is down by -26.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 54%. As a result, import price attained the peak level of $31,953 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($42,546 per ton), while the price for China ($5,969 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of buttons; of plastics, not covered with textile materials from Spain reduced to 880 tons in 2022, with a decrease of -7.6% compared with the previous year. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 36%. As a result, the exports attained the peak of 953 tons, and then shrank in the following year.

In value terms, exports of buttons; of plastics, not covered with textile materials declined remarkably to $40M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, the exports reached the peak of $48M, and then dropped sharply in the following year.

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

1. Morocco (821.9 tons)
2. Portugal (31.2 tons)

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

In 2022, the amount of buttons; of plastics, not covered with textile materials imported into Spain expanded modestly to 550 tons, with an increase of 2.6% on 2021. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of buttons; of plastics, not covered with textile materials fell significantly to $10M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.4% 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 +30.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 66% against the previous year. As a result, imports attained the peak of $14M, and then shrank sharply in the following year.

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

1. Portugal (202.6 tons)
2. Italy (144.6 tons)
3. China (136.3 tons)
4. Morocco (34.1 tons)
5. Turkey (12.1 tons)
6. Netherlands (8.7 tons)

Source: IndexBox Market Intelligence Platform