Price for Buttons; of Base Metal, Not Covered with Textile Material in Mexico - 2023
Contents:
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Mexico (CIF) - 2023
- Price for Buttons; of Base Metal, Not Covered with Textile Material in Mexico (FOB) - 2022
- Imports of Buttons; of Base Metal, Not Covered with Textile Material in Mexico
- Exports of Buttons; of Base Metal, Not Covered with Textile Material in Mexico
Price for Buttons; of Base Metal, Not Covered with Textile Material in Mexico (CIF) - 2023
The average import price for buttons; of base metal, not covered with textile materials stood at $13,377 per ton in June 2023, rising by 76% against the previous month. In general, the import price enjoyed a measured expansion. Over the period under review, average import prices attained the peak figure at $16,633 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($29,795 per ton), while the price for China ($9,833 per ton) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Buttons; of Base Metal, Not Covered with Textile Material in Mexico (FOB) - 2022
In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $21,848 per ton, dropping by -32.3% against the previous year. Over the period under review, the export price, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 71% against the previous year. The export price peaked at $48,666 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($30,022 per ton), while the average price for exports to the United States stood at $21,431 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buttons; of Base Metal, Not Covered with Textile Material in Mexico
Imports of buttons; of base metal, not covered with textile materials into Mexico shrank significantly to 467 tons in 2022, declining by -26.9% on 2021 figures. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 458% against the previous year. As a result, imports reached the peak of 638 tons, and then reduced markedly in the following year.
In value terms, imports of buttons; of base metal, not covered with textile materials expanded remarkably to $4.4M in 2022. Overall, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 36%.
| Import of Buttons; of Base Metal, Not Covered with Textile Material in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 1.4 | 2.7 | 2.6 | 4.2% |
| United States | 2.0 | 1.3 | 1.2 | 1.6 | -7.2% |
| Others | 0.5 | 0.2 | 0.2 | 0.3 | -15.7% |
| Total | 4.8 | 3.0 | 4.1 | 4.4 | -2.9% |
Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Mexico in 2022:
- China (356.2 tons)
- United States (104.6 tons)
Exports of Buttons; of Base Metal, Not Covered with Textile Material in Mexico
In 2022, exports of buttons; of base metal, not covered with textile materials from Mexico skyrocketed to 55 tons, with an increase of 74% compared with 2021. Overall, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of buttons; of base metal, not covered with textile materials soared to $1.2M in 2022. In general, exports, however, showed a abrupt shrinkage.
| Export of Buttons; of Base Metal, Not Covered with Textile Material in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,281 | 678 | 1,022 | 1,123 | -4.3% |
| Nicaragua | 323 | 129 | N/A | 80.2 | -37.1% |
| Colombia | 23.3 | 77.7 | N/A | N/A | 233.5% |
| Others | N/A | 7.8 | N/A | N/A | 0% |
| Total | 1,627 | 892 | 1,022 | 1,203 | -9.6% |
Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Mexico in 2022:
- United States (52.4 tons)
- Nicaragua (2.7 tons)
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