Price for Buttons; of Base Metal, Not Covered with Textile Material in Belgium - 2023

Contents:

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

Price for Buttons; of Base Metal, Not Covered with Textile Material in Belgium (CIF) - 2022

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $10,926 per ton, approximately reflecting the previous year. In general, the import price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by 19% against the previous year. The import price peaked at $40,049 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($41,224 per ton), while the price for China ($8,968 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced a decline.

Price for Buttons; of Base Metal, Not Covered with Textile Material in Belgium (FOB) - 2022

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $22,784 per ton, with a decrease of -8.8% against the previous year. Overall, the export price, however, posted modest growth. The pace of growth was the most pronounced in 2013 an increase of 85%. The export price peaked at $42,198 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($103,833 per ton), while the average price for exports to Cyprus ($7,025 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 Cyprus (+39.4%), 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 Belgium

After three years of growth, purchases abroad of buttons; of base metal, not covered with textile materials decreased by -10.7% to 59 tons in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 111%.

In value terms, imports of buttons; of base metal, not covered with textile materials declined to $648K in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports reached the peak of $723K, and then dropped in the following year.

Top Suppliers of Buttons; of Base Metal, Not Covered with Textile Material to Belgium in 2022:

1. China (44.2 tons)
2. Germany (4.1 tons)
3. Hong Kong SAR (3.6 tons)
4. Turkey (2.7 tons)
5. France (2.1 tons)

Exports of Buttons; of Base Metal, Not Covered with Textile Material in Belgium

In 2022, approx. 27 tons of buttons; of base metal, not covered with textile materials were exported from Belgium; picking up by 7.3% against the previous year. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 306% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of buttons; of base metal, not covered with textile materials contracted to $620K in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 174% against the previous year.

Top Export Markets for Buttons; of Base Metal, Not Covered with Textile Material from Belgium in 2022:

1. France (8.6 tons)
2. Germany (6.1 tons)
3. Tunisia (3.5 tons)
4. Italy (2.9 tons)
5. Cyprus (2.1 tons)
6. Bulgaria (1.6 tons)
7. Netherlands (0.7 tons)
8. Poland (0.2 tons)
9. Hungary (0.1 tons)

Source: IndexBox Market Intelligence Platform