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

Contents:

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

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

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $13,485 per ton, declining by -14.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 77%. The import price peaked at $15,724 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($92,808 per ton), while the price for China ($10,799 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+34.4%), 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 Ethiopia (FOB) - 2022

In 2022, the average export price for buttons; of base metal, not covered with textile materials amounted to $33,097 per ton, surging by 47% against the previous year. In general, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 89% against the previous year. The export price peaked at $68,353 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 China ($38,084 per ton), while the average price for exports to Hong Kong SAR totaled $19,300 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+22.1%).

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

In 2022, the amount of buttons; of base metal, not covered with textile materials imported into Ethiopia fell remarkably to 30 tons, waning by -26.9% against the previous year's figure. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of 41 tons, and then contracted sharply in the following year.

In value terms, imports of buttons; of base metal, not covered with textile materials plummeted to $409K in 2022. Over the period under review, imports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 87%. As a result, imports attained the peak of $652K, and then declined markedly in the following year.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3001982973161.7%
Hong Kong SAR65.1N/A13460.0-2.7%
Sri Lanka49.11051273.3-59.3%
Others32.746.094.729.0-3.9%
Total447349652409-2.9%

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

  1. China (29.3 tons)
  2. Hong Kong SAR (0.6 tons)
  3. Sri Lanka (0.1 tons)

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

In 2022, exports of buttons; of base metal, not covered with textile materials from Ethiopia fell to 113 kg, which is down by -13.7% on the year before. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. As a result, the exports attained the peak of 131 kg, and then fell in the following year.

In value terms, exports of buttons; of base metal, not covered with textile materials skyrocketed to $3.7K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Buttons; of Base Metal, Not Covered with Textile Material in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A3.20%
Hong Kong SARN/AN/AN/A0.60%
Sri Lanka1.2N/A2.9N/A55.5%
Taiwan (Chinese)N/A1.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.21.72.93.745.5%

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

  1. China (83.0 kg)
  2. Hong Kong SAR (30.0 kg)

Source: IndexBox Market Intelligence Platform

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