Price for Buttons; of Base Metal, Not Covered with Textile Material in Costa Rica - 2022

Contents:

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

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

The average import price for buttons; of base metal, not covered with textile materials stood at $7,861 per ton in 2022, rising by 6.8% against the previous year. In general, the import price, however, showed a mild curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 40%. As a result, import price attained the peak level of $17,467 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Colombia ($18,443 per ton), while the price for Nicaragua ($757 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for buttons; of base metal, not covered with textile materials stood at $48,556 per ton in 2022, growing by 193% against the previous year. Overall, the export price showed notable growth. The export price peaked at $72,700 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($86,000 per ton), while the average price for exports to Panama ($1,000 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 Nicaragua (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Buttons; of Base Metal, Not Covered with Textile Material in Costa Rica

In 2022, overseas purchases of buttons; of base metal, not covered with textile materials decreased by -29.4% to 14 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 90% against the previous year.

In value terms, imports of buttons; of base metal, not covered with textile materials dropped markedly to $110K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 +32.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of $147K, and then reduced notably in the following year.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia49.629.895.371.613.0%
Brazil16.513.16.79.6-16.5%
United States8.22.812.36.3-8.4%
China3.038.416.95.119.3%
Guatemala0.60.82.84.595.7%
Nicaragua0.90.92.22.030.5%
El Salvador0.50.40.90.711.9%
Others4.03.69.410.638.4%
Total83.389.71471109.7%

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

  1. Colombia (3.9 tons)
  2. China (3.4 tons)
  3. Nicaragua (2.7 tons)
  4. Brazil (1.2 tons)
  5. El Salvador (0.8 tons)
  6. Guatemala (0.6 tons)
  7. United States (0.5 tons)

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

In 2022, exports of buttons; of base metal, not covered with textile materials from Costa Rica surged to 9 kg, jumping by 80% compared with 2021 figures. Overall, exports showed a prominent expansion. As a result, the exports reached 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 skyrocketed to $437 in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador26916660.03448.5%
Nicaragua98.054.018.084.0-5.0%
Guatemala6.04.01.08.010.1%
Panama1.01.01.01.00.0%
FranceN/AN/A3.0N/A0%
OthersN/AN/AN/AN/A0%
Total37422583.04375.3%

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

  1. El Salvador (4.0 kg)
  2. Guatemala (2.0 kg)
  3. Nicaragua (2.0 kg)
  4. Panama (1.0 kg)

Source: IndexBox Market Intelligence Platform

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