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

Contents:

  1. Price for Buttons; of Base Metal, Not Covered with Textile Material in Oman (CIF) - 2022
  2. Imports of Buttons; of Base Metal, Not Covered with Textile Material in Oman

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

In 2022, the average import price for buttons; of base metal, not covered with textile materials amounted to $12,363 per ton, dropping by -59% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 79%. As a result, import price attained the peak level of $30,183 per ton, and then fell rapidly in the following year.

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 the UK ($133,626 per ton), while the price for China ($7,142 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+84.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of buttons; of base metal, not covered with textile materials imported into Oman soared to 8.5 tons, jumping by 90% against the year before. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 234% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of buttons; of base metal, not covered with textile materials reduced sharply to $105K in 2022. In general, imports continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 497% against the previous year. As a result, imports reached the peak of $135K, and then reduced dramatically in the following year.

Import of Buttons; of Base Metal, Not Covered with Textile Material in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6.51.531.332.270.5%
China17.72.83.029.819.0%
United Kingdom41.91.893.821.8-19.6%
Taiwan (Chinese)7.63.41.58.33.0%
BahrainN/AN/A0.27.33550.0%
Turkey0.50.51.42.366.3%
Others18.312.73.83.4-42.9%
Total92.522.61351054.3%

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

  1. China (4.2 tons)
  2. United Arab Emirates (2.6 tons)
  3. Bahrain (0.6 tons)
  4. Turkey (0.3 tons)
  5. Taiwan (Chinese) (0.3 tons)
  6. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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